Your auto insurance can sometimes be the most expensive part of owning your car, especially if you do not have a car note and minimal maintenance expenses. Unfortunately, car insurance is not an expense you can avoid because state law requires you carry a minimum amount of insurance - this doesn’t mean you have to blindly pay whatever you’re quoted though. We’ve compiled a list of simple steps you can take to save money on auto insurance.
- Shop around: Many drivers renew their auto policies each year without collecting new quotes or shopping around for a better value. Before you renew, talk to your agent about possible discounts you may qualify for and shop around online to see if you can find a quote on a comparable policy that will save you money.
- Payment options: You can often secure a discount from your insurance carrier if you pay your bill annually instead of monthly. Some insurance carriers even charge interest if you pay month to month. If you can afford to, pay your premiums annually to save money on your auto insurance. If you need to pay month to month, see if you can get a discount for setting up automated payments.
- Safe driver discounts: Most insurance carriers offer a discount that accumulates for every year you do not file a claim against your auto policy. Ask your agent if you qualify for this discount before you renew, especially if you’re staying with the same carrier and you haven’t had a claim in a long time.
- Security features and anti-theft devices: Adding a car alarm or other anti-theft devices can reduce your premiums because you’ve reduced the risk of theft.
- Mileage: More mileage equates to more time on the road, which mean you’re at a higher risk of being in an accident. Keeping your miles low, keeps your premium low. When possible take public transport or carpool to spread the mileage around.
- Deductibles: Your deductible is what you’re responsible for before your policy pays out any damages for claims. Choosing to have a higher deductible can substantially lower premiums and is a great option for those who don’t drive often, because they pose a lower risk of claims.
Shopping for car insurance can be tedious, but working with a professional agent can save you from having to do the leg work. Give us a call today for a Arlington car insurance quote or we can review your current policy to ensure you’re getting all of the discounts you qualify for.