Let’s face it. We all like to save money, especially when it comes to auto insurance. But does lowering your insurance premiums mean less-than-adequate coverage or working with a provider whose customer service leaves a lot to be desired? Not at all. We’ve put together a variety of suggestions to help you save money on auto insurance without sacrificing quality in the process.
Consider car insurance costs before you buy
When it comes to buying a new or used car, many people overlook insurance expenses as part of the total cost of owning a vehicle. It’s better to consider the cost of insurance before you buy since auto insurance premiums vary widely depending on a vehicle’s specific characteristics, including its price, average repair costs, safety record, and whether or not it’s a target among thieves.
Combine insurance policies with one carrier
Many insurance companies offer multi-policy discounts, such as buying a homeowner’s policy and auto coverage from the same carrier. You might also be able to save money if you insure all of the vehicles in your household on one policy or if you insure all of your driving-age family members on the same plan. Be sure to do your homework though, since there’s a chance you could save more money buying policies from multiple carriers.
Compare auto insurance carriers
Because auto insurance companies and rates vary widely, it helps to shop around when selecting an insurer. As a general rule, it’s wise to obtain auto insurance quotes and information from at least three separate companies. Calling insurance carriers directly, asking family and friends about their insurance providers, and getting an auto insurance quote online are just some of the steps you can take in helping to ensure you choose the right auto insurance company.
Another helpful resource is your state’s department of insurance, which typically offers information such as rate comparisons, customer ratings, and complaint ratios, as well as contact information for a variety of major carriers.
Don’t forget you’ll be dealing with your auto insurer in the event of an accident or emergency, so be sure to select a company that’s committed to customer service. Do your homework ahead of time by comparing ratings and researching complaints to ensure a company handles claims — and answers questions — honestly and promptly.
Drive less, save more
The more you drive, the higher the likelihood of an accident or emergency. That’s why many auto insurance companies offer low mileage discounts for people who drive less than the average number of miles per year, or for people who carpool regularly. Be sure to ask your carrier if you qualify.
Drive safer, save more
The better you are as a driver, the more money you stand to save in coverage costs. People with clean driving records who haven’t had any accidents or moving violations for a certain number of years can qualify for safe driver discounts. What’s more, you may be able to take advantage of additional savings if you’ve recently taken a defensive driving course.
Contact the Farnsworth Agency
For more information about how to save money on car insurance, or to get a car insurance quote, contact us today by calling (541) 318-8835 or click here.