How does cheap car insurance sound to you? Great- of course, as long as it’s just the price that’s cheap. Here are some tips that will help you save on this important yet wastefully expensive purchase every month and help you maximise your budget.
Gadgets will help
If you have up to date systems for preventing theft in your car, if you have not then find some help here http://www.manitowoc.org/index.aspx?NID=326. it will bring down your monthly premium. Most recognised and proven theft prevention measures will help you get a discount on your car insurance monthly. Strategies like window sketching may also help reduce premiums. Likewise, where your car is stored will have an effect on the premium charged- it’s better to make sure that it’s off the street and, if at all possible, stored in a garage of lockup.
You could also opt, if you’re a careful driver, for usage based auto insurance devices to be installed din your car. It transmits data directly to the insurance company, who will reward you for good driving. If you’re in a multi-car household, don’t neglect the power of the multiple car discount and get it working in your favour. Most insurance companies will reward you for insuring both with them. A yearly policy will also extend your discounts as it will keep a flat rate for the full year rather than upping every 6 months.
Other ways to cut your car insurance down to size.
Depending on your insurance needs, be sure to look into multi plans and comprehensive coverage if you need them anyway. Many policies will discount rates if, say, your homeowners and car insurance are combined. And remember, if the car is going to be in storage for any length of time, keeping only the comprehensive insurance and not the 3rd party on it at that time will undoubtedly save some cash. Many people set up their insurance once and forget to go back and tweak it as their life circumstances change. Don’t be afraid to request changes and revisions on the policy, or even just argue to have you r rate lowered as a long term client. The companies are relying on you never to dispute their rate hikes and other shenanigans. Knowing your exact mileage will also assist when receiving quotes and preventing you from being overcharged for the wrong profile. If you yourself don’t need more than the car insurance policy, consider looking into any group discounts you may qualify for- for example, affiliation with certain organisations can qualify you for discounts.
Lowering your limits.
Of course, another way to cheaper car insurance premiums is to lower the liability, collision, comprehensive or medical payment coverage. This is great if you don’t actually need the limit that’s in your existing policy, but a foolhardy way to go about getting cheaper car insurance if you may actually need the full limit at some point. Think carefully about this one, and make sure that it properly serves your needs. Better, look into lowering your car insurance payment by changing your payment method. Many places will offer decent discounts on making direct funds transfer payments or direct debits rather than relying on check processing and a monthly mail payment.
Getting the right car insurance for your needs and budget isn’t as hard as you may think.