Buying car insurance can be tricky, unless you just want to get insurance and don't care what the costs are. But if you're looking to save on car insurance premiums, there are a few tricks you can use. Here are 15 ways to beat high car insurance premiums and keep more money in your pocket. 1.Increase your deductible.
The higher your deductible, the lower your premium will be. However, make sure you can afford the deductible if you need to make a claim.2.Check for discounts you qualify for. Many insurers offer discounts for things like having multiple cars or policies, being a loyal customer, or paying online.3.Compare car insurance quotes. Don't just settle for the first quote you get - shop around and compare quotes from different insurers to find the best deal.4.Maintain a good driving record.
If you have a clean driving record, you'll likely get a better rate than someone with multiple tickets or accidents.5.Participate in a safe driving program. Some insurers offer discounts for drivers who participate in safe driving programs.6.Take a defensive driving course. Taking a defensive driving course can help you save on car insurance premiums.7.Explore payment options. Some insurers offer discounts for paying in full or setting up automatic payments.8.Improve your credit rating.
A good credit score can help you get lower car insurance premiums.9.Switch to pay-per-mile insurance. If you drive less than 10,000 miles per year, consider switching to a pay-per-mile insurance program like MetroMile. 10. Negotiate with your current insurer. If you can prove that other insurers will offer better rates, your current insurer may match or exceed those quotes.
11. Get valuable customer discounts. Many insurers offer discounts for things like loyalty, multiple cars and policies, and paying online. 12. Consider usage-based insurance. Some insurers offer usage-based insurance that bases your rate on your driving habits.
13. Make sure you have comprehensive coverage if your car is leased or financed. Your lender or lessor will likely require comprehensive and collision coverage. 14. File an insurance claim if your car is wrecked. Filing an insurance claim can help cover damage to all vehicles involved, as well as property damage and medical costs.
15. Remember that the only thing smarter and sexier than an expensive car is a growing bank account!.