Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Car Insurance and other Car Insurance topics.
According to the Federal Consumer Information Center, there are many ways to obtain affordable car insurance. Begin your quest for affordable monthly car insurance by filling out free quote forms at major insurance websites – Geico, State Farm, Progressive, Allstate and Nationwide – or visit a cost comparison site like Esurance.
#1: Take a bigger risk!
To save money on your current monthly car insurance, ask for a higher deductible. Increasing your deductible from $200 to $500 could reduce your collision or comprehensive cost by 15 to 30 percent. Also, consider dropping collision on older vehicles.
#2: Bundle it up!
Get affordable car insurance by purchasing homeowners, life and monthly car insurance from the same provider. If you’re married, add your spouse to the same policy. Ask about group insurance and discounts through employers, professional groups, alumni organizations or other associations you belong to.
#3: Look for secret discounts!
Affordable car insurance is possible if: You drive less than 10,000 miles per year; your driving record for the past three years is flawless; you’re willing to take a defensive driving course; you have a young driver on your policy that has completed a training course or gets good grades; your car is outfitted with an anti-theft device, air bags, anti-lock brakes or daytime running lights.