Ways to get cheaper car insurance

Below are important tips that can help you get cheaper car insurance.

10:28 21 August 2013

There are very few people who are more than happy to pay high premiums for their car insurance. If you’re not one of them, read on for tips on how you can save:

• Be a safe driver. One of the things that insurance companies are seriously taking into consideration when calculating your premium is your driving record. This relates to any car accidents you may have had in the past as this may affect your premium.

 

• Annual vs. monthly premium. You’ll be able to save money on monthly interest if you pay your car insurance premiums on an annual basis.

 

• Take advantage of loyal rewards. Insurance companies are likely to give you huge discounts for being a loyal customer. Thus, it is recommended to get your car insurance where you got your other policies (life, house, health, etc.)

 

• Increase your deductible. Lessen the risk that insurance companies have to take when they issue you a policy by simply increasing your deductible. This is the amount that you’re going to pay in case of theft or accident before the insurer pays you.