Are you searching for ways to save money on car insurance in 2020? If so, you’ve come to the right place! In this article, we will provide you with several tips for saving money on car insurance this year.
Shop strategically. Start by contacting the direct-writer insurers, those that have their own agents and offer competitive prices, such as Amica and USAA. Then go to an independent agent to see if he or she can find a better rate.
Choose a top-rated insurer. A low premium isn’t the only key factor; you also want an insurer that provides fair and fast claims settlements, good customer service, and help and advice. You can see how carriers stack up on these measures in our ratings.
Don’t skimp on the essential coverage. Make sure you carry enough liability coverage, which pays for bodily injury and property damage that you cause to someone else in a crash. Get more than the legal minimum even if you don’t have much in assets to protect. Depending on your state, a portion of your wages could be garnished in a judgment against you.
Look for cost-cutting options. Opting for a $1,000 comprehensive and collision deductible instead of $500 can reduce your costs by 11 percent, according to The Zebra. If your car is older, consider canceling your collision and comprehensive altogether, because you could end up paying more than you would get back in repair or replacement costs.
Be a careful driver. Driving violations or claims can push your rates up sharply. Texting or using a cell phone while driving can hike your premium by more than 20 percent, according to the study, and an at-fault accident can result in a 41 percent increase. Get a citation for reckless driving? Expect your rates to soar by 67 percent.
Source – Consumer Reports
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Are you searching for an affordable car insurance premium in Central Oregon? Contact us today by calling (541) 318-8835 or click here to connect with us online.