When you get insurance on your vehicle for the first time, you may experience sticker shock. Car insurance can be quite expensive, especially if you don’t know how to find a cheap policy. Here are several tips that may help you save money on auto insurance.
Ask About a Multiple Car Discount
If you have more than one vehicle you wish to insure, ask the insurance company for a multiple car discount. Sometimes, insurance companies offer a discount for having multiple vehicles insured. You may even find that insuring two cars is almost the same price as just insuring one vehicle.
Go with a Yearly Policy
Instead of going with a six-month policy, consider going with a one-year policy to extend your savings. A yearly policy allows you to lock in your rate for longer, which is usually cheaper over the long run.
Go Paperless and Allow for Automated Bank Payments
Some insurance companies charge extra for payments that are mailed in, and they may even charge a small fee to send your bill out each month. Switching to paperless billing helps you avoid these excess fees, and allowing the insurance company to automatically withdraw your payment from your bank account keeps you from having to pay extra as well.
Combine Home and Auto Insurance
If you have a homeowners policy with your car insurance company, you’ll likely get a discount. By combining the two, you could save anywhere from 5 to 20 percent on your bill. You may also be able to combine other forms of insurance, such as renters insurance. San Diego drivers should speak with their car insurance agents to find out about all of these discounts.
Watch Your Credit
One of the worst things that can happen is for your credit to become poor. When you apply for insurance, the insurance company will check your credit. This is a common practice now, and most companies won’t grant you insurance if they haven’t run your credit report. Having poor credit has the potential to increase your payments. As long as your credit is in good shape, you should be able to find cheap car insurance. If you’re not sure about your credit score, there are several ways you can check your credit score for free. Working on your credit allows you to lower your car insurance payments.
Take a Defensive Driving Course
Some car insurance companies give discounts to drivers who take defensive driving courses. To find out if you qualify, call your local insurance agency or state insurance commissioner.
When they need affordable, reliable auto insurance, San Diego drivers turn to Altra Insurance Services. For high-quality insurance and unparalleled service, reach out to the experienced agents at Altra Insurance Services. Call one of our friendly representatives today at (800) 719-9972 to learn how you can save money on your auto insurance.