Choosing Better Insurance

With the cost of many goods and services rising as a result of inflation, now is the perfect time for you to start thinking about ways that you can cut costs. One way you can do that is by learning how to save money on your automotive insurance. The five tips below can help you to score some great rates on your auto insurance while still maintaining quality coverage. 

Tip #1: Install An Anti-Theft System In Your Car

If your vehicle is not currently equipped with an anti-theft system, you may want to consider investing in one. This is because auto insurance companies base your rates on several risk factors, including how likely your vehicle is to be stolen. Having an anti-theft system installed in your car will help to minimize this risk and will allow you to qualify for a discount on your auto insurance policy.

Tip #2: Raise The Deductible On Your Collision Coverage

If your automotive insurance policy includes collision coverage, you will want to consider raising your deductible. The higher you set your deductible, the lower you can expect your monthly rates to be. Just be sure that you are choosing a deductible that you can reasonably pay in the event you need to file a claim. 

Tip #3: Avoid Filing A Claim If Possible

While it can be tempting to file a claim for minor damage to your vehicle, you will want to think twice before contacting your insurance company. This is because not only can excessive claims result in a rate increase, but you may also be missing out on potential discounts that are awarded to people who go a certain amount of time without filing a claim. 

Tip #4: Take A Defensive Driving Course

Taking a defensive driving course can be a great way to save money on your auto insurance and reduce the number of points on your license. This is because many jurisdictions will remove a certain number of points from your license when you provide the DMV with proof you have completed one of these courses. Many insurance companies will also reward you with a percentage discount when supplying them with proof of completion.

Tip #5: Install The Company's Safe Driver Mobile App

If your insurance provider offers a safe driver mobile app, you may be able to qualify for a discount on your auto insurance by agreeing to download this app to your phone. This app is used by the insurance company to gather information regarding your driving habits so that they can provide you with a more accurate quote. While the savings you receive will greatly depend on how safe of a driver you are, many insurance providers offer a base discount simply for agreeing to use the app. 

For more information on automotive insurance, contact a company near you.