Cheap Car Insurance: Valuable Money-Saving Tips

Of course you are looking to save money on your automobile policy. Who isn't? With so many ways to compare pricing and so much competition in the market today, there really isn't any excuse for paying any more than you have to to buy a basic insurance package for your car, truck, or SUV. However, here are some "Do's and Don'ts" that will help you save every penny you can when the time comes to replace or renew your current automobile coverage.

DO use the same carrier to insure multiple vehicles

Whether you are buying coverage for more than one car in your household, or for a boat, motor home, or other RV, you can earn customer loyalty discounts when you purchase all of the policies from the same company. Carriers appreciate this sort of business and are happy to reward it with valuable savings for you.

DON'T discount the possibility of a higher deductible

Raising your deductible is a surefire way to decrease your costs. Carriers use deductibles to prevent small claims from taking up too much of their agents' time, so they reward customers with high deductibles with lower overall provider rates. If you can afford to pay this amount when or if your car is involved in an accident or is otherwise damaged, this can be a great way to make your auto policy much cheaper.

DO keep your driving record clean

The cheapest car insurance is available to motorists who have good, clean records with the DMV. Follow local laws and ordinances, avoid speeding and other moving violations, and use the roads with care and consideration for your fellow drivers, and you will be eligible for the most competitive pricing from any carrier you contact.

DON'T forget about those membership organizations

Many drivers already belong to one or even several organizations that offer lower auto coverage rates to its members. AARP, AAA, and many other professional and trade associations as well as car-related clubs provide this service. Definitely look into this possibility before looking for a policy on your own.

DO consider a defensive driving course

Senior citizens, especially, can earn discounts by taking an approved course to refresh their skills and remind them of local laws and regulations. Most of the time, these classes are inexpensive, and they usually take place in libraries and other locally accessible places.

DON'T keep a gap policy you don't need

If you added gap coverage to your auto insurance when you financed or leased a new vehicle, make sure to keep up with the fluctuating value of your vehicle as it compares to the remainder of principal left to be paid on your loan or as it compares to what you have paid on your lease. When you no longer owe more than the vehicle is worth, you can drop the gap coverage and start saving.

DO think before you buy a new car

Not only will a new one require you to carry expensive collision and comprehensive coverage in addition to liability, but the type you buy will determine your costs as well. Sporty automobiles, large SUVs, and speedy imports will all increase your costs, whereas cheaper insurance is available for sedans, station wagons, mini-vans, and others that are seen as more reliable and responsibly driven.

Whether you are able to influence your rates by driving safely and having a good record, or whether you take driving courses and make smart choices when buying a car, cheap auto insurance is available. Get a quote, compare rates, and start saving today!