A good auto insurance policy is a vital part of owning a car, every bit as important as a well-tuned engine or a fresh set of tires. You get more out of your driving experience when you are protected by an affordable, effective insurance plan. This article will give you a few tips for getting more out of your car insurance dollar.
When shopping for a new car, be sure to check with your insurance company for any unexpected rate changes. You may be surprised at how cheap or expensive some cars may be due to unforeseen criteria. Certain safety features may bring the cost of one car down, while certain other cars with safety risks may bring the cost up.
To save money on your car insurance take a look at dropping the towing coverage. The cost of being towed is usually cheaper than the cost the coverage adds to your policy over a 3 to 5 year time frame. Many credit cards and phone plans offer roadside assistance already so there is no need to pay extra for it.
Use social media to your advantage when shopping for an auto insurance policy. Check what real drivers are saying about insurance companies via websites, forums and blogs. By going the social route, you will find out the truth about an insurance company, not the hype the insurance companies themselves pay to put out.
You can save money on your auto insurance if you are in a position to drop collision coverage. You might consider doing so if your vehicle is paid off and if you have enough in savings to cover the car’s replacement cost. The value of older cars drops dramatically, and if you’re willing to take on some out-of-pocket risk, you can save on your premiums.
Taking the towing option off of your policy will save you money on your premiums. In the case of an accident, towing is generally covered even if you are not paying for the towing option. If you take care of your car and understand how to fix small problems like a flat tire, you will never need to use the towing option and can save yourself up to 30 dollars a year.
Although it may seem strange, try to purchase an older vehicle when looking for a new car. This is because the insurance rates on older vehicles are not nearly as high as on newer ones. If you already have insurance and you switch to an older vehicle, make sure to let the insurance company know.
Every year when your automotive insurance is up for renewal, shop around to check that the premium being paid is still market competitive. There are an abundance of internet facilities available where you can enter the vehicle details online and immediately receive insurance quotes from various companies. This will confirm or deny that your current premium is realistic.
When you take the time to learn about good auto insurance, your efforts will reap great rewards. Perhaps these tips will save you some money. Maybe they will improve the coverage you get. Getting a better deal on car insurance makes you a safer driver: You drive with confidence when you know your insurance payments are giving you the most bang for your buck.