Save On Your Car Insurance In 8 Simple Ways​

After all the money you laid down on your car, the last thing you want to have to deal with is the cost of a car accident. Car insurance is an important part of owning your wheels and, although a cheaper option would be nice, a cheap car insurance policy may not pull through when it counts. To get the best price for your car insurance policy, check out these 8 ways you can save on car insurance.

1. Compare Premiums

Whatever you do, don’t buy car insurance… without comparing all your options first. Aside from your monthly car payment, you have to factor a monthly car insurance premium into your budget. By shopping around and comparing policy offerings and prices, you have a better chance of getting the most bang for your buck without breaking the bank. You’ll also want to make sure your insurer is one you can count on when things go sideways. Oftentimes, the insurers who offer the lower premiums, may end up costing you more in the long run, since they cover less. So, look at top-rated insurers and be sure to read the fine print.

2. Safe Driving

Is your driving as defensive as you claim, or do you possibly battle with a streak of road rage? Are you easily distracted on the road or are you the picture of attentiveness behind the wheel? Some insurance companies can afford to cut you a little slack with your premiums, if you can prove you can drive responsibly. So, ask your insurance provider about giving you a discount in return for you completing a defensive driving course.

3. Other Safety Precautions

Tracking devices and performance monitoring devices grant peace of mind to both you and your car insurance provider. You could potentially cut out a chunk of your monthly premium by installing an anti-theft device. Ask your insurance provider about this possible discount first to make sure if the savings are significant enough to make up for the cost of this safety measure.

4. Negotiate

Even once you’ve decided on a policy, keep an eye open for better deals as you go. There’s a good chance you could find an even better policy that offers greater value for money. If you’re not happy with your current car insurance premium, why shouldn’t you take it up with your insurer? They may be able to work out a reasonable discount based on your updated risk profile. Having a competitor’s quote on hand can only help your case in that conversation.

5. Adjust Your Excess

Generally, the rule around excess payments is this: the lower the excess, the higher the overall premium. When shopping around for car insurance, look for an insurer, who lets you choose the best excess for your budget.

6. Combine Your Policies

You are more likely to argue your way down to a lower premium, if you put all your insurance eggs in one basket. You will have a greater chance of saving on your car insurance, if you seek cover for all your insurance needs under one roof. What’s more is that some insurers even offer additional savings when you put more than one car on the same policy – so, ask about a “multiple car discount”.

7. Maintain a positive credit history

Showing your insurer that you know how to handle your cash (a.k.a. making your payments on time), can go a long way in getting you a good premium. Research also shows that those people, who are shown to effectively manage their credit, tend to make fewer claims. To take advantage of the goodwill of your insurance provider, be sure to check your credit record on a regular basis and ensure that all your information is accurate.

8. Cut the cover you don’t need

There may be some features under your policy that you just don’t need. Take some time and go through your insurance policy line by line, before asking your insurance provider about trimming the fat off your monthly premium by removing any coverage that you don’t need.

You don’t have to let your car insurance policy take you for a ride. Armed with the above tips, you can get the right policy to keep the wheel turning.

Get a free no obligation car insurance quote today and see what you can save on your car insurance premiums! Click here to get a callback today.