COMPARE YOUR OPTIONS
Take the time to check out all the insurance options that are available to you. Get a quote and apply for vehicle insurance online. Premiums can vary from hundreds to even thousands of dollars between different insurance companies. When you get a quote and apply online, you will get a side-by-side comparison of what each company will charge you for the exact same coverage.
INSTALL A CAR ALARM SYSTEM
Many insurance companies believe your vehicle is less likely to be stolen if you have an anti-theft system installed. As a result, some insurance companies offer special discounts for clients who have an anti-theft system installed in their vehicle. Check with your insurance company to see if they offer this type of special discount, since it could be well worth the savings to install an alarm system in your vehicle.
KEEP YOUR MOTOR VEHICLE RECORD CLEAN
Many people pay higher premiums simply because they have a bad motor vehicle record and points against their license. Tickets will affect your rates for three years and accidents can do the same for up to six years. Obey the rules of the road and be a responsible driver and you could save a small fortune.
RAISE YOUR DEDUCTIBLES
Another factor that can cause higher premiums is choosing insurance plans with lower deductibles. Deductibles are meant to serve as a guideline for what you cannot afford to pay for when having your vehicle repaired. If you can afford to pay $250, $500 or even $1000 in repairs, choose a deductible that is higher and within the range of what you truly can afford to pay yourself. By doing this and raising your deductibles, you will be lowering your premiums.
HAVE MORE THAN ONE VEHICLE? PUT THEM ON THE SAME POLICY
If you have several vehicles on different policies, you could be losing money. Most insurance companies offer a multi-vehicle discount, so make sure to place all your vehicles on one policy and ask about those discounts to save money.
1-800-Charity Cars, providers of reliable transportation to low income families since 1996, hopes that with some of these tips you can make the necessary changes to save on your insurance premiums.