Austin Insurance Group has put together a list of Insurance Tips to Help you Save money on your car insurance.
Tip 1 – Bundle Auto and Home Insurance
Bundling your auto insurance policy with a renters or home policy can save you money.
Tip 2 – Compare rates with Multiple Insurance Companies
Insurance rates can vary significantly from one insurance carrier to another. With, Austin Insurance Group, a local independent insurance agent, we can help you avoid overpaying, by comparing rates from all of the top-rated insurance companies that we represent including Progressive, Metlife, Mercury, Hartford, Travelers and more!
Tip 3 – Discounts, Don’t Miss Out!
If you have had any major changes in your life over the last year, such as a recent move, or bought a new home, changed jobs, you probably qualify for new discounts.
Tip 4 – Drop Coverages
If your car is paid off and 10 years or older, consider dropping comprehensive and/or collision coverage. If the value of your car has depreciated enough, you might be better off just carrying liability insurance.
Tip 5 – Increase Your Deductible
Another way to cut your insurance rates is to increase your deductibles.
Tip 6 – Check Your Odometer
If you drive less than 14,000 miles a year on average, you may be able to save money with a program such as Snapshot by Progressive.
Tip 7 – Make a Commitment
If you’ve found a great policy, consider a 12-month premium option if available or sign up for an automatic bank draft. This could save you money!
Getting married? Believe it or not, young married couples pay less for car insurance than single people, up to 28% less.
Pay your bills on time – Insurance companies may check your credit-based insurance score because it tells them if you are financially responsible and how well you manage your obligations.
Your Driving Record – If you have a ticket or claim that’s over 35 months old, it may be time to reshop.
Additional factors that impact the cost of car insurance include:
- competition among insurance companies
- the number of uninsured drivers in your county
- natural disasters
- state insurance laws
Contact Austin Insurance Group, your local agent, to review ways to save on your car insurance.