There are lots of unchangeable factors dictating your auto insurance costs, but there are factors in your control. Choosing a high deductible over a low one can mean paying less money if you’re lucky enough to not make a claim. This article can help you find variables and options to get you the best price on auto insurance
You need to maintain a clean license. You can pay more on insurance if you have tickets and accidents on your record. There are times when you can’t avoid the accident or ticket, so you should check out traffic school to see if this will help clean your record and make your insurance premiums lower.
It is a common misconception that the cost of auto insurance automatically drops as the driver reaches 25 years of age. The reality is that premiums steadily decrease once a driver hits 18, so long as he doesn’t have any accidents.
Certain vehicles are inherently more expensive to insure than others. Insurance is going to cost more according to the amount of luxuries you desire in your chosen vehicle. Choose a vehicle that’s safe and modest to receive the lowest insurance rates.
There are optional insurance protections available to you beyond the legal minimums. This type of extra coverage may raise your premium, but may also save you money in the long run. For example, if you get uninsured motorist insurance, you are protected even if the other party involved is illegally driving without insurance.
Carpooling or taking the bus are both good ideas. Lowering your mileage means less chances of an accident, which means your insurance company will be willing to lower your rates. Tell your agent about your efforts to reduce mileage, and there’s sure to be a discount that applies to you.
You are just insuring the car’s driver when getting an auto policy. If you let a friend use your car and they get into an accident, chances are your insurance will not pay. You can alter your car insurance policy to cover other drivers that use your car, although you will need to pay an additional charge.
Think twice before adding any kind of accessories to your car. Though they may be a nice luxury, fancy stereo systems and heated seats are unnecessary. Insurance companies will not pay for the damage or loss of any of these types of items.
Consider getting a car that is not so sporty. Insurance is more expensive for sports cars. Family-friendly cars tend to be the cheapest to insure. The larger the motor is in the vehicle, the more that it is going to cost you to insure it. A sporty car is also more apt to attract the attention of potential thieves; this is another factor that drives insurance costs through the roof.
As stated at the beginning of this piece, you have influence over a number of factors that determine your insurance premiums. The area in which you live, your driving history and your annual driving mileage are all controllable factors. Keep this article in mind to keep yourself educated about ways to reduce your insurance costs.