It’s inevitable that you need to purchase auto insurance St Augustine, but the fact is that if you’re not careful, you may end up paying more money for insurance than is necessary. The cost of premiums can greatly vary depending on the make and model of your car as well as the company that insures it. There are certain ways that you can cut costs and save money, and here are some of them:
*Shop around for your car insurance.
You’ll discover that prices significantly vary from company to company, which means that it’s essential for you to shop around. It makes sense to get at least three price estimates for your insurance before directly dealing with a company. Don’t forget that you should also get quotes from different types of companies as some sell their insurance through independent agents and others may only operate online.
*Reduce the amount of coverage for older cars.
If you have an older vehicle, it may make more sense to reduce the overall coverage on your car. A good rule of thumb to use is if the overall worth of your car is less than 10 times the cost of the premium, then comprehensive coverage isn’t necessary. The Kelley Blue Book value of your car can also help establish worth.
*Maintain a good credit score.
Not only does having a good credit score open new doors for you, it can also help lower your insurance costs. Most, if not all, insurance companies use your credit history to determine your premium rates. Even if you don’t have a good credit score right now, it’s definitely worth working on improving your record to get the rates you deserve.
*Inquire about getting group insurance.
There are certain auto insurance St Augustine companies that will offer discounts to drivers looking to purchase their insurance policies through a group plan. This usually entails making your purchase through a business, professional association or alumni group.
*Make sure to apply all applicable discounts.
Discount rules may differ from company to company, but most will provide discounts to policyholders if they haven’t had any driving accidents or moving violations in a specified amount of time. You can also get lower premium rates if you drive fewer miles than the average driver, and you can enjoy even better rates if you’ve taken a defensive driving course.
Now that you know how to save money on your next car insurance policy, there’s no reason to pay full price. You can get rewarded for having an older car, becoming a better driver or having a good credit score. Keep in mind that the more you shop around, the more you’ll save!