Save Me Some Money on My Auto Insurance

Save Me Some Money on My Auto Insurance

 

 

Saving money is something we all strive for, especially when it comes to commercial auto insurance or personal car insurance. However, will reducing your insurance premiums lead to inadequate coverage or having to work with a provider with poor customer service? Not in the least. Below are some tips for saving money on auto insurance without having to sacrifice on quality or coverage.

 

 

Shop Around and Compare Providers

 

Since the rates of auto insurance providers can vary widely, it will help to shop around before deciding on an insurer.  A good rule of thumb is to get auto insurance information and quotes from a minimum of three different providers. Asking friends and family, calling insurance providers directly, and getting quotes online are some things you can do to help ensure you are choosing the right insurer.

 

When you use an independent insurance agency, like BOLT Insurance Agency, though, for your insurance needs, the independent insurance agency does the legwork of comparing providers to find you the best quote.

 

Combine All Insurance Plans with One Provider

 

Multi-policy discounts are offered by many insurance providers. For instance, you can combine your auto coverage and your homeowner’s policy through one carrier.  Insuring all your cars in the household or business under one policy could also help to save you money.  This is not always the case, however, since in some cases, you could actually save money by taking out policies from several providers; do your research.

 

Maintain Good Credit

 

Good, stable credit is seen by auto insurance providers as drivers with fewer accidents. This is why a growing number of providers are now taking credit scores into consideration when calculating rates. Since the amount of money you will have to pay for insurance can be impacted by your credit score, it’s important that you maintain a good credit score at all times. You can request a free credit report each year to check your history and ensure it’s in good standing.

 

Ask About Auto Insurance Discounts

 

There are various extra auto insurance savings you could be taking advantage of by asking if the provider offers discounts. For instance, teens with good grades could qualify for a discount or if they have completed an approved drivers’ education program.  People over 50 to 55 years old might quality, as well as college students who have to commute 100 miles away to get to school. Other ways to get discounts may include belonging to alumni groups, business groups or other types of professional associations. If your workplace offers a group plan, this could save you money. When looking into discounts, be careful of companies that offer huge discounts as they might be compensating for higher rates.

 

This is just some ways to help you save money on your auto insurance. Overall, the best way to approach this is to find a reputable, honest independent insurance agency who can shop around for competitive prices.

 

Contact BOLT Insurance Agency today for your auto insurance needs at at 1-800-216-417  or utilize our online quote form.