Look what kind of car are you driving:Car insurance actually depends upon the car you own. A Mercedes or Audi can make you pay higher premiums since the insurance firm checks the year of the make and the model before finalizing the insurance amount. A luxury model means costlier parts, and risk of an accident is higher since these vehicles only take seconds to reach the highest speed. So, if you want lower insurance premium you must get a model of the car that you can afford in long run.
Carry out a thorough Market Research: Before buying insurance, comparison of the quotes is the must. Insurance companies, quotes on your model and make of the car by different insurance providers are important to know. Those looking online quotes from the companies can also ask their agent for better comparison. It will definitely help you find where you can make a saving.
Try Multiple Insurance: Multiple insurance means two things here. If you have got more than one car getting the insurance from the same company can benefit you. You can get a friend’s car, or your old car to consolidate in the insurance policy to get a lower premium. The other option is to include your car insurance with your life, health insurance and other policies that will help you get lower or discounted quotes and choosing one company helps you save time and money too.
Take Risk, Pay High Deductibles: Individuals paying high Deductibles can get a lower premium as you promise the insurance company that in case of an accident or collision, you will be paying higher. If you have a good driving record this one can save you big bucks.
Be faithful to Your Insurance Provider:Choosing an agent who has been with the company for years is the best thing. If you have been with one car insurance company for many years, you definitely get a reward for the loyalty. Paying a premium on time with no defaults help the individuals get into the good books of the company and get you higher discount and best car insurance quotes.
Take a look at your driving record -Insurance firms do ask for a driving record or past legal record before giving quotes. Any unpleasant driving record raises your Insurance premium without getting you any benefit. A good last three years of driving record is enough to get some discount on your insurance quote.
Check how much cover is the Insurance Company providing:A safe driver, a medium priced car can get any coverage amount. If you want to get a cheap insurance cover you can reduce the amount of car cover hence reducing the monthly premium.
These points will certainly help you get a lower insurance rate on your car without much hassle.