Just about everyone wants to find inexpensive
car insurance . In this day and age, it is hard to do. Premiums keep going up every year and because shopping for new insurance can be such a pain, most people avoid the hassle and stick to their current policy. Even though it is easier, it can also cost you several extra hundred dollars a year.
So exactly where can I get cheap car insurance? The fact is there isn’t one definite place that offers the cheapest car insurance along with the best coverage. Some companies may be cheaper depending on certain factors but overall, the best thing to do is shop around and compare prices when you decide to buy car insurance. If you want to know more about where can I get cheap car insurance, here are some questions and suggestions.
Will Raising My Deductible Help?
This is one of the best ways to get cheap car insurance. If you have a low deductible, you are going to pay a higher premium. But you can change that and save some money. Simply check with your insurance carrier about raising the amount of your deductible. Yes, you will have to pay more out of pocket if you get in an accident but the odds are that in the long run, you will save yourself some cash.
Can I Lower My Coverage On My Old Car?
If you drive a car that is at least ten years old or more, you can see about lowering the coverage on the vehicle. This is a good idea if you are
carrying collision and comprehensive on it. The reason for lowering the coverage is because as a car gets older, its value decreases. So if your old car is valued at $1000 and you are paying a deductible of $1000, then there is really no point in paying for full collision coverage. You are just wasting your money.
Does My Car Insurance Policy Have Any Extras That I Don’t Need?
You need to read over your policy carefully. Chances are there are some extras on there that you were not aware of that you might not feel you need. For instance, you might be paying for a towing fee for a car that you have never had to have towed. You can calculate how much the towing fee has been costing you versus how many times you have been towed. The average tow truck driver charges about $100 per tow. In three years, the insurance’s tow fee has cost you $225. If you have been towed only once in those three years, then you have paid $225 to cover a $100 tow. Do yourself a favor and drop those extra fees on your policy.
Will My Credit Score Affect My Insurance Premium?
Having a good credit score is a sure way to get cheap car insurance. Insurance companies look at a person’s credit score in order to determine the cost of car insurance premiums. They figure that a person with a low credit score may be more at risk for getting into an accident. So if you have good credit, you are going to get a better deal.