Apart from it being a requirement in most states, it is crucial for car owners to get insurance due to many unforeseen circumstances such as accidents and theft. It can be very overwhelming to shop for auto insurance and it might lead to you spending more than you had anticipated. Nevertheless, it is possible to spend not more than you can afford and want. All you need to do is get yourself a cheap car insurance, which will offer you all the coverage you so desire for years to come, leaving you safe and happy. Below are ways to cut cost and obtain you an affordable automobile insurance.
How to get Cheap Car Insurance
Get theft devices – currently, most new cars are installed with theft devices. Some require that you start them by touching a button, while others are automatic. However, irrespective of the model of the device, they all enable you get discount on automobile insurance. In addition, some states offer extra discount for things like window sketching.
Multiple car discounts – it is very interesting to note that insuring more than one car with the same company can be equal in terms of cost to insuring one. Most reputable and reliable auto insurance companies offer this discount. It is therefore wise that while you are getting an online insurance quote, or confirming with your insurance agent, to ensure that you seek companies that offer this discount and get it. In addition, if you want to sell your second car and still get a low cost automobile insurance, the trick would be to maintain the car on liability so as to get the discount (multiple car discounts).
Go for yearly policies – I recommend buying yearly policy to six months policy because it offers your rates, which do not change for one year, compared to 6 month policy that change after every six months. This will help you extend your savings on insurance.
Usage based auto insurance device- plugging this device to your car will enable you transmit your driving statistics to the company that has insured your vehicle. This way, they will be able to base your rates depending on how good your driving is.
Make comparisons – before picking on an insurance company for your vehicle, it is important that you contact different insurance companies and compare prices. This you can do via the internet or over the phone. In order to obtain an accurate comparison, include identical policy options and coverage. Compare the companies’ prices and get the one that offers an affordable coverage, which adequately covers your insurance needs.
Factors that Affect your Eligibility for Cheaper Car Insurance
Size and cost of your car – expensive cars usually attract high insurance rates due to the high cost involved in purchasing its spare parts or repairing its components. In order to obtain the cheapest vehicle insurance, go for a cheap and sturdy car that will lower your premiums.
Driving record – insurance firms give discounts to good drivers. This is because having a good driving record portrays you as a safe driver and not prone to accidents. In addition, multiple speeding tickets give the opposite impression, that your driving is not safe. To them this means that you are a road risk; chances of you getting into an accident are very high and your premiums are therefore likely to go up with every violation.
Age – compared to older drivers, teen drivers usually get higher rates due to their relative inexperience. Nevertheless, there are companies that offer to give them discounts in case they successfully pass an advanced driving course. On the other hand, if you are 50 years and above, you can sign up with an association of retired persons, who will enable you, get low rates because of their links with many insurance companies. The older persons have a lot of driving experience and are more careful; therefore usually get low rates.
Credit rating – most insurance companies check your credit score and depending on what they get, base your policy. It is therefore important that you maintain a clean credit history or keep it in good shape because the lower your credit scores, the lower the chances of getting a discount or the higher your insurance rates will, as you are considered risky.
The only way to ensure that you get the best vehicle insurance deal is by carrying out a thorough research. Nevertheless, make sure that you do not compromise the coverage you get when you acquire low cost vehicle insurance.