Best Insurance Rates

In most states, car insurance is required by law. Even if your state doesn’t require it, insurance is the only way to protect yourself financially in the event of an accident. Major discrepancies in pricing exist between insurance agencies; in order to get the best insurance rates, you need to shop around. On top of that, there are several ways to get the best rate possible. A list of the top ten ways to save on insurance is highlighted below.

1. Have a Clean Driving Record – Many traffic violations result in points being added to your driving record. The more points you have, the more you’re going to pay. Obey all traffic laws so that you don’t get tickets, and you’ll have a better shot at getting the best insurance rates.

2. Don’t Get Into Accidents – Like traffic violations, accidents can cause your car insurance premiums to soar since they make you a higher risk to insure.

3. Have a Good Credit Score – Many times, your credit score is taken into account when your insurance rates are calculated. People with great credit scores tend to get the best insurance rates, so make sure to pay your bills on time.

4. Live in a Low-Crime Area – If your car is regularly parked in a high-crime area, your insurance premium is going to be a lot higher. If possible, relocate to an area with less crime in order to get the best insurance rates.

5. Use Anti-Theft Devices – Most insurance companies give discounts to drivers who have anti-theft devices installed on their vehicles. The amount you’ll save in insurance premiums will make up for the cost of those devices in no time.

6. Get All of Your Insurance Through One Provider – If you need life insurance, homeowner’s insurance or other forms of coverage, see if your car insurance company can provide it. Many times, insurance agencies offer discounts to people who have multiple policies with them.

7. Don’t Drive As Much – To get the best insurance rates, you should try to drive as little as possible. Being able to report a low number to your insurance company will cause your premium to go down by a considerable degree.

8. Don’t Buy a Sporty Car – People who drive ultra-sporty vehicles with turbo-charged engines don’t tend to get the best insurance rates. That’s because insurers figure that you’re going to be racing around in it and are more likely to get into accidents. Stick with less exciting cars, and your premium will go down.

9. Increase Your Deductibles – A deductible is the amount that you must pay out-of-pocket before an insruance agency will cover your repair bill. Increase your deductible and you’re more likely to get the very best insurance rate for your vehicle.

10. Get All of Your Discounts – Ask your insurance agent for a list of the discounts that they offer; make sure that you are receiving every single one. Every little bit helps when it comes to getting the best insurance rates.