Auto insurance is mandatory just about everywhere in the United States and the penalties for driving without insurance can be severe. For many Americans finding cheap auto insurance rates is vital for maintaining a budget and their primary means of transportation. Drivers can compare the rates of different companies, look for discounts and eliminate unnecessary coverages to save money. Check out these auto insurance tips.
Does the Company Offer Discounts?
Many insurers offer customer loyalty discounts to consumers who buy more than one type of policy from them. They also offer safe driver discounts to drivers who have had no accidents or moving violations in a three to five year period. Completion of a defensive driving course can also lower insurance rates with up to a 10% discount. When purchasing auto insurance ask companies what discounts they offer to get the lowest car insurance rates.
Members of some organizations or associations may be eligible for auto insurance discounts through their membership. Some associations like AAA and AARP work with particular insurers to get special discounts for their members. Government employees and military personnel may also qualify for discounts with companies who specialize in coverage for these groups. Consumers that belong to groups should check to see if their membership entitles them to auto insurance discounts.
Review Policy Coverages Regularly
Everyone must carry mandatory minimum limits auto insurance for the state in which they reside but additional coverages like towing and roadside assistance, collision and comprehensive may add hundreds of dollars to insurance premiums. If a car is more than 12 years old and has a value of less the $2500, consumers can save money by dropping these coverages. Raising the policy deductible on collision and comprehensive coverages can also help drivers get cheap auto insurance rates.
The Right Car Can Lower Premium Costs
As a rule, family cars and sedans garner lower insurance rates than sports models and luxury cars. In the last three years the top ten vehicles with the lowest rates have primarily been minivans, crossovers and SUVs. Safety features like rear viewing cameras, collision avoidance systems and anti-lock brakes can also help get cheap auto insurance rates. If a consumer is purchasing a new car, buying the right vehicle can help keep rates low.
Comparing Rates from Different Companies
It is easy to get free auto insurance quotes over the phone or on the internet. While the quotes may not take into account all the discounts for which a driver is eligible, they can help drivers find companies that offer the lowest rates for auto insurance. By comparing insurance quotes from different companies and then checking discounts, drivers can find cheap auto insurance rates with reputable insurance companies.
Following these auto insurance tips will help you save money. Finding the lowest insurance rates may take a little work, but the savings can be worth the time spent. For example, investing time into finding cheap car insurance for young drivers is a smart move. A company with a higher quote that offers more discounts to a driver may actually have lower premiums when the discounts taken. Using our site to get free instant insurance quotes from multiple companies can save time and help drivers get the cheap auto insurance rates they need. I hope you enjoyed these auto insurance tips.