Insured?

Top Ways to Get Cheap Car Insurance

Some people consider car insurance a necessary evil, and others think it's impossible to get an affordable policy without skimping on coverage. However, here are some simple tips that will help you get a great policy for a great price.

Shop Around

Comparison shopping is a surefire way to get a good deal on car insurance. By checking out different companies and comparing their policies and pricing, you can make an informed decision and choose a policy that meets your needs and fits your budget.

Bundle Your Policies

Many companies offer discounts for individuals who hold several insurance policies with their company. Think of it as buying in bulk for insurance. By bundling your home, auto, personal property and other policies with one company, you can often pay significantly less than you would by having your policies scattered among different insurers.

Choose Your Vehicle Wisely

Everyone knows that driving a Ferrari will cause you to pay more for car insurance. But there are many other vehicle characteristics that affect how much you'll pay for coverage.

  • Safety Features- Choosing a car with safety features such as daytime running lamps, air bags, and anti-theft devices can often result in cheap car insurance.

  • Theft Statistics- Certain models of vehicles are more likely to be stolen than others. These vehicles will usually have higher premiums. Do your research here and avoid those vehicle models if possible.

  • Speed and Luxury- Luxury vehicles and sports cars are more expensive to insure for two reasons: They're expensive to repair and replace, and you're more likely to speed and get into an accident with more horsepower under the hood.

Ask for Special Discounts

Taking the time to ask your insurer about special discounts you may qualify for can translate to big savings. It never hurts to ask!

  • Short commute to work? Spending less time on the road for your daily commute means you're less likely to be in an accident.

  • Where do you usually park? Consistently parking your car in a low-crime neighborhood or in a garage means it's less likely to be stolen, vandalized or damaged by weather. This lowers the risk related to your policy and will likely lower premiums.

  • Have a teen driver on your policy? You may think it's impossible to get cheap car insurance with a teen driver on your policy. However, your teen can expect lower premiums if he/she gets good grades, takes a driver's safety course and maintains a safe driving record.

Consider a Higher Deductible

If you can afford to pay more out-of-pocket expenses in the event of an accident, consider raising your deductible in order to save on your premiums. Raising your deductible by just a few hundred dollars can sometimes reduce premiums by as much as 20 percent.

Top Ways to Get Cheap Car Insurance

Some people consider car insurance a necessary evil, and others think it's impossible to get an affordable policy without skimping on coverage. However, here are some simple tips that will help you get a great policy for a great price.

Get Cheap Car Insurance

Cheap Car Insurance:
Liability or Comprehensive?

Cheap car insurance provided through liability policies may be ideal for some drivers but doesn't offer the expanded benefits of a comprehensive policy.

more

Commuters
and Cheap Car Insurance


Drivers can get cheap car insurance even with a long commute to work or school each day despite being riskier to insurance companies.

more

Cheap Car Insurance
for Teen Drivers

Cheap car insurance for teen drivers can be challenging because teens are considered very risky and more expensive to insure, these simple tips can help.

more