LOS ANGELES, March 28, 2019 /PRNewswire-PRWeb/ -- Carinsuranceshoppingsource.com has launched a new blog post that explains how drivers can obtain cheaper car insurance rates.
For more info and free quotes, please visit https://carinsuranceshoppingsource.com/how-to-get-cheaper-car-insurance-rates/
Car insurance can be expensive, so it's no surprise that many drivers are looking for different ways to lower their insurance costs. Insurance companies analyze a multitude of factors before granting coverage to someone. Some of these factors are under the drivers' control, while others are not.
To obtain cheaper car insurance, drivers can follow the next tips:
- Check the available discounts. Car insurance companies offer many and various discounts to their loyal customers. Policyholders should contact their insurance companies and ask them to get a list of all the available discounts.
- Pay for the whole policy in advance. Drivers can save as much as 10% of the policy costs if they decide to pay for their coverage with a single lump sum of money. By doing so, the drivers will eliminate the insurance companies' monthly installment costs for managing multiple payments.
- Bundle multiple policies. Besides car insurance, policyholders can insure a different product on the same insurance company and on the same policy. Policyholders can bundle multiple vehicles or they can combine their car insurance with the homeowner's insurance. Insurance companies appreciate customers that are insuring multiple products to them and for that reason, they are rewarded with substantial discounts.
- Adjust the deductibles. One of the easiest methods that drives can use to lower their insurance premiums is to increase the deductibles. However, policyholders should ensure they have enough money to pay for the deductibles if they will have to file a claim.
- Consider dropping full coverage. On older vehicles, paying for full coverage makes no sense. If a vehicle's value is less than ten full coverage payments, then drivers are advised to drop the full coverage.
For additional info, money-saving tips and free car insurance quotes, visit https://carinsuranceshoppingsource.com/
Carinsuranceshoppingsource.com is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.
SOURCE Carinsuranceshoppingsource.com
Share this article