Are you Paying Too Much for Auto Insurance?
Everyone could benefit from saving a few bucks these days - especially on must-have items such as auto insurance. Here are some helpful tips to ensure you're paying the lowest possible rate on your auto insurance.
Adjust your annual mileage estimate if your driving situation has changed.
Insurers rate a big part of your risk on how many miles you drive. If you are driving fewer miles than before, tell your insurance agent right away. Most likely, your policy rate will go down without changing any coverage. Even if your driving situation hasn't changed, you may be able to reduce your annual mileage by carpooling or taking public transportation.
Keep your credit score in good standing.
The higher your credit score, the lower your auto insurance premiums. If your credit has been recently tarnished, you may have to pay more when your next premium comes due. Do everything you can to keep your score as high as possible and to get it back up as quickly as you can. If you know your credit has improved, don't hesitate to ask your agent to rate you again to ensure your paying as little as possible.
Keep your agent on their toes.
If it's been awhile since you've quoted auto insurance, shop around. You may be surprised how much one carrier can save you over another. Just be sure you're comparing the same coverage to ensure you get an accurate estimate.