Every driver wants to make sure they're protected against liability lawsuits and other risks, but everyone would also like to save money on their car insurance premiums. Fortunately, reducing your expenses doesn't have to come at the expense of your insurance coverage. While many of the factors that go into calculating your premiums are out of your hands, there are a few you can control.
If you're looking for ways to lower your premium payments, consider:
- Shopping Around: Before settling on a policy, collect premium quotes from at least three different carriers first, and speak to an agent rather than using online quote tools. With human agents calculating your premiums and tailoring your quote, you'll be surprised at the price difference between companies.
- Increasing Your Deductible: The deductible, or the amount you'll have to pay before your insurance kicks in, has a major impact on your monthly premium. In some cases, a $1,000 deductible can lower your premiums significantly. Of course, you'll want to be sure you can afford the deductible if you do get into an accident, so set that amount aside for emergencies.
- Checking Before Buying a Car: When calculating your premiums, insurers put a lot of weight on the make and model of your car. If you're planning on buying a vehicle, check around for insurance quotes first. If the premiums seem high, you might want to check with the Insurance Institute for Highway Safety to see whether a similar vehicle has better safety ratings that might lead to lower car insurance rates.
Jerry Christopher State Farm has been providing drivers in New York's Monroe County with all the coverage they need, backed by one of the industry's leading insurers, for over 30 years. Follow him on Facebook to learn more now, or get free car insurance quotes over the phone at (515) 671-8830 today.