Shopping for car insurance is no easy feat. While you want to pay the least amount possible for the premium, it’s important not to skimp on coverage. This means you must find a policy that provides the perfect balance between protection and price. Fortunately, there are a number of ways to get more affordable quotes—without compromising on product quality.
4 Ways to Maximize Car Insurance Savings
1. Compare Multiple Policies
The price of a policy can vary greatly from one car insurance company to the next. It typically pays to spend the time getting quotes from multiple providers, so you can carefully compare your offers. When working with an insurance agent, they will do this for you. If you don’t shop around, you’ll never know if you could have gotten a substantially lower rate.
2. Ask About Discounts
Many consumers aren’t aware of all of the discounts car insurance companies offer. Before purchasing a policy, ask the agent if you’re maximizing your savings. They can look up the various discounts insurers provide and apply whichever ones you’re eligible to receive. This can amount to a substantial decrease in your premium.
3. Leverage Your Good Credit
Your credit score will be one of the main factors insurers take into consideration when calculating your car insurance rate. If you have a high score, you may be able to use this to your advantage and negotiate a more affordable premium. Providers tend to view those with higher credit scores as less of a risk to insure.
4. Increase Your Deductible
The deductible amount you set will determine how much you pay out of pocket for a claim before the insurance kicks in. It may be worth setting a higher deductible, as this will lower the premium. However, you will have to come up with this money before your provider helps pay to repair the car.
Affordable car insurance is much more attainable than you may think. The professionals at Lafever Insurance Agency will help explore the different types of coverage available, so you can customize a policy that fits your needs and budget. Having worked with the residents of Cookeville, TN, for more than three decades, they know how to make sure you’re receiving all the discounts for which you qualify. Call (931) 526-3377 today to request a car insurance quote and have them begin comparing your options.