4 Things You Can Do to Lower Your Insurance Premium!

                               

Talk to your agent about these ways to save money and protect your car.

Do you want to lower your auto insurance premiums right now? Of course you do! These hints can help you save.

1. Be a good driver. The best way to keep rates low—and even get them lowered—is to avoid any tickets for moving violations. Demonstrate responsibility by taking an approved defensive-driving class, which can lead to a discount on your insurance premium. Drivers may pay as little as $20 a course. Ask your insurance agent if they provide a defensive driver discount for mature drivers, and/or an Accident Free discount to all drivers ages 21 or older with at least five years of driving experience and no accidents or major violations in past five years. At least one driver on most policies benefits from this discount.

2. Make adjustments for older vehicles. Depreciation is inevitable for automobiles. As a result, you may not need the same coverage for an older ride as you would for a new one.  If you have a vehicle that's older than five years, talk to your agent about whether you need to invest in the entire suite of coverage.

3. Invest in safety. Do you deliberately buy vehicles that are ranked lowest on the “most stolen” list? Do you spend more for added safety features? All of this can result in lowered premiums. Highlight all the safety advantages your vehicle offers for your insurance agent. This includes air bags, anti-lock brakes, rear-view cameras and more.

4. Adjust your insurance package. If you can afford to spend a couple hundred dollars to repair damage from a minor accident, consider raising your deductible to $1,000 and purchasing Deductible Savings features like Vanishing Deductible and Total Loss Deductible Waiver. Also, if you have homeowners and life insurance scattered among different companies, look to move everything to the same company to take advantage of bundled discounts. 


Feel free to call us for a list of trusted agents we have used in the past or visit us at www.DavidTheLocator.com!

David J. Moore, ABR. GRI