5 Quickest ways to lower your Auto Insurance Premium
Are you looking for ways to lower your Auto Insurance Premium? Auto insurance rates can spiral depending upon factors that include your age, past driving record, and other factors such as credit history. However, the trick is to find ways to lower the annual pay-off. We have pulled up for you the 5 quickest ways to lower your Auto Insurance Premium.
Tip 1: Hike up your deductible
Stop trying to get the ‘lowest deductible’, instead go in for a comfortably higher out of pocket payment plan. ‘Deductible’ is the amount that you would pay before your insurance policy kicks in. This is an easy way to reduce your periodic premium amount, however, be warned, in such a case, if something happens to your vehicle - you need to shell out more to cover the initial expenses, prior to going in for a claim.Tip 2: Park your vehicle in a garage
One of the simplest ways to cut down on insurance premium is to park your vehicle in a garage, personal or commercial establishments. This helps in knocking off, in some cases, close to 20% of the premium. In a garage, the chances of your vehicle getting stolen or sideswiped are considerably lower. From a transaction perspective, parking in a garage could mean a difference between a preferred rate and a standard rate.Tip 3: Shop around and bargain
Nothing beats the traditional ‘shop around to bargain’. Make sure you at least have three to four price quotes with you, prior to fixing on the service provider. Ensure that you are not shopping for price alone, but the whole deal.Tip 4: Take a Defensive Driving Course
Not many people are aware of this. By volunteering for a state-approved defensive driving course, you can avail discounts in premium of up to 10%. However, do cross check with your insurer on this.Tip 5: Downsizing Coverage
Well, downsizing coverage is perhaps the easiest way to lower your auto insurance premium. However, we suggest you to be careful and prudent, while taking this decision. This might save money, but, would also limit coverage.
insurance number london insurance number appointment online insurance number apply insurance number aetna insurance aaa number insurance admiral number social insurance number application national insurance number application insurance number brp insurance number birmingham insurance number booking insurance number bike insurance number belgium insurance number brexit insurance number bristol insurance number bedford insurance number contact insurance number check insurance number car insurance number claim insurance number co-op insurance contact number car insurance number details national insurance number dwp national insurance number driving licence national insurance number do i need apply-national-insurance-number.dwp.gov.uk ca5403 insurance number uk de vanzare national insurance number documents insurance number example insurance number email insurance number egypt insurance number esic insurance number england insurance eia number national insurance number example insurance policy number example insurance number form insurance number format insurance number finder insurance number find insurance number for 16 years old insurance number for bike insurance number for bike example insurance number for tricare insurance number gov insurance number gov uk insurance number germany insurance number generator insurance number greece insurance number gta 5 insurance group number insurance group number on card insurance number how to check insurance number hmrc insurance number humana national insurance number how to find national insurance number how to get national insurance number how to check social insurance number how to get