It seems that auto insurance rates are always on the rise. Don’t worry though, as we have some cool cheap auto insurance tips to help save you some money. Keep reading…
Buy from the internet
Just about every auto insurance company now has a website, and the vast majority of them offer significant discounts for buying online. In some cases the discount could be as much as 10%!
Quite simply, the less your annual mileage, the cheaper your auto insurance will be. However, don’t be tempted to bend the truth about how much you drive, as an insurance company can easily find out the real mileage in the service history records.
The people who get cheap auto insurance make sure their car is fitted with all of the latest security devices. This means things such as alarms, trackers, and immobilisers should be top of your shopping list.
Many people think that passing the driving test means they are a qualified driver, but this is far from he truth. Auto insurance companies like to reward advanced drivers with lower premiums, so make sure you take some advanced driving courses and tests.
Have good credit
If you are planning to pay for your auto insurance in monthly installments then having a good credit rating is essential. Not only will you get better interest rates, but you also ensure that your application is accepted.
Third party insurance
When you are on a super tight budget and you need to get the cheapest auto insurance possible, then you should consider getting only third party insurance. Sure, this does leave you vulnerable to a large bill if involved in an accident, but it’s better than nothing.
Protect your no-claims record
As you are no doubt aware, building up a no-claims record is an essential part of achieving cheap auto insurance. With this in mind, you should do everything in your power to protect this record, and only make a claim when you absolutely have to.
Remove unnecessary drivers
Every additional driver that you add to the policy will increase your premiums. This is why if you have any drivers on the policy who no longer use the vehicle then it pays to remove them.
Also, be very careful about adding younger drivers or people who have just passed their test, as this could result in a huge rise to the amount you pay.
Take your time
There are so many different auto insurance companies out there these days, which is why it’s a good idea to take your time and shop around. Get multiple quotes before coming to your final decision.