How to Save on Car Insurance

When it comes to car insurance, we don’t want to pay more than we have to. So when you’re looking to reduce your monthly expenses, it’s smart to compare auto insurance quotes from other insurance carriers with your current car insurance policy to see if you can get a better deal. But that’s not all. What follows are some tips on how to save on car insurance without sacrificing the coverage you need.
 

• Don’t buy flash. When you’re in the market for a new car, you’ll have to compare auto insurance quotes to get the best rates. However, one thing to bear in mind is that no matter how much you like that sweet little sports car, it’s going to cost more to insure. When you compare auto insurance quotes for sports or luxury vehicles to those of economy or compacts, it’s easy to see which will cost the least amount of money.
• Old cars require less coverage. If you’re driving an old car with a depreciated value, re-think your collision coverage and even your comprehensive coverage. Usually, when you compare auto insurance quotes for old vehicles, you’ll find that your deductible and yearly premiums add up to more than it would cost to repair or even replace your car, which means that a claim isn’t worthwhile.
• Adjust your deductible. Depending on where you live and the amount of traffic congestion in your area, you might want to compare auto insurance quotes with a higher deductible than the one you have right now. Of course, this depends on your comfort level and whether you have enough money saved to pay a higher deductible in the event of a claim. Compare auto insurance quotes with a higher deductible and you'll see it reduces your premiums between 15 and 40 percent!
• Check your health insurance. If you have a good health insurance plan, you might want to reduce the medical coverage included in your car insurance. There’s no need to pay twice for medical coverage.
• Invest in an anti-theft device. When you compare auto insurance quotes, see how much each company offers if you install an anti-theft device in your car. The same goes for safety devices like airbags and anti-lock brakes: if you compare auto insurance quotes for vehicles equipped with approved safety devices with those that aren’t, you’ll find insurance companies reward you for driving a safe car.
• Compare auto insurance quotes online. When you compare auto insurance quotes, you’ll find that you can save money by adjusting your coverage. But when you compare auto insurance quotes online you’ll also find that many insurance companies and auto insurance comparison sites offer significant discounts. Some of these are for long-time customers, others are for people in active military service, but others are simply discounts designed to attract more business for the company. Compare auto insurance quotes online and select the policy that offers you the coverage you need at rates you can afford!