Seattle, WA (PRWEB) January 19, 2013
Car insurance is important for sure, but it can sometimes be a rather large expense. So of course people will want to save as much money on it as they can, but most people don’t know how, which is why Rate Digest is pleased to present these three ways to save money on cheap car insurance.
First, on a tight budget, one way to save money is to increase the deductible on car insurance. The deductible is the amount of money the customer has to pay before the insurer covers a stolen or damaged vehicle. If the car was purchased on a bank loan, the bank will most likely want the customer’s deductible to be as small as possible. Most banks allow a vehicle to have a deductible of up to $1000. When a customer increases their deductible, it can save them hundreds of dollars a year!
Second, a great way to save money on cheap car insurance is for the customer to increase their credit score. This does decrease interest, but what most people don’t know is that in most states, a good credit score can significantly improve the insurance premium. Drivers with credit scores over 750 pay much less than same-aged drivers with average credit scores. It is proven that drivers aged 25-34 save around 40% when they have a credit score over 750.
Thirdly, if a customer has more than one vehicle, it is a good idea to insure the cars with the same insurance company, mainly because most insurance companies offer discounts and savings for bundled insurance plans.
So when looking for ways to improve cheap car insurance rates, don’t forget these 3 tips, they have saved customers hundreds. And to find great savings on car insurance, Rate Digest has helped thousands of people find incredible insurance rates online. By entering their zipcode, shoppers can utilize Rate Digest’s innovative insurance comparison tool, getting instant quotes from insurance providers around the nation.