Getting the best auto insurance rate can seem exhausting. This is made even more difficult when one considers that many insurance agents are reluctant to voluntarily provide information on the discounts and deductibles they have available.
Getting the best auto insurance rate, therefore, means arming yourself with the facts.
1) Compare the prizes
The first thing you want to do is compare the premiums. Rates in your area may be different from one place to another or from one agency to another. Sure, they may not be substantially different, but even a percentage point or two can help you save a lot of money in the long run.
Visit the various insurance companies’ websites and compare the rates offered to you. In state insurance offices they generally have price guides, but the categories used by the companies you are considering may not match yours, so use a guide to understand the cheapest insurance agents in your area.
If you have teenagers in the family, anyone under the age of 25 to be exact, handle them carefully. Young drivers tend to pay more because they are prone to accidents. Once you reach 25, this statistically decreases.
Having said that, if you have children, encourage them to keep their grades high, with an average B or higher, so as to get discounts on car insurance. Students can save between 5% and 25%. In addition, if they complete the approved training courses for drivers, they can get a significant discount.
Parents of students who spend part of each year in a school that is over 100 miles from home and who need the family car to do so may also have a break on costs.
3) Careful driving
Children are not the only ones who need to be careful drivers on the road. Many insurance companies give a 5% discount for anyone who keeps a clean record for three consecutive years and 10% for those who go six years without incident or violation.
You may also get discounts, depending on where you live, if you are a woman and the only driver in the family, a non-smoker, an elder, or a member of a specific profession who is statistically less prone to accidents (usually law or medicine).
Other discounts can be obtained by taking defensive driving courses, carpooling, or keeping low miles on your car. If you participate in a data-tracking program, where insurance companies manage to monitor your driving habits, you can often get a discount for that too.
These rates vary based on where you are and which company you use. Also, you may not qualify for a one-month discount, so qualify for the next one.
You have to keep up with the insurance company and make sure you get the discounts you deserve because they won’t be the ones coming up on how to save. Asking for these programs can only help you save, not harm you. So call your agent today.