Auto insurance costs can be reduced in several ways if you are really committed to bringing it down. A lot of people take auto insurance for granted and end up paying much more than what they should have been paying. In fact, some of them prefer to let go of the coverage rather than being smart and bring down the insurance cost in other ways. Auto insurance is very important especially when you meet with accidents or your car is damaged. Here are some often ignored but useful tips to save a few dollars on your premium.
Don’t claim for minor damages
Although it shouldn’t have been the case, a lot of insurance providers raise the premium for those customers who make auto insurance claims. Therefore if you had a minor repair or a small accident that resulted in minimal cost, refrain from claiming it from the insurance company. In the long run this will benefit you in terms of the premiums you pay and you save more than what you get back from the auto insurance company for claiming.
Keep your driving record clean
It is easy to obey traffic rules and less risky as well. So don’t indulge in over speeding or jump signals. In the end the extra cost which is added up on your premium due to such indiscretion on your part isn’t worth it.
Keep your credit history good
Customers with good credit history are considered more trustworthy and hence they receive better auto insurance rates compared to those with bad credit history.
Paperless bills
A lot of companies actually charge you for bills delivered to your home. If you opt for the paperless bill option you can save some of your auto insurance cost. It is also far safer to have your auto insurance bills in your mailbox as you wouldn’t lose them.
Avoid driving whenever you can
If you can go for car pooling or catch the metro train, do it because you are saving more than just the fuel costs. With lower mileage your insurance premium will also come down as you will be under less risk of accidents.
Never renew blindly
This tip will always save you money. Before your insurance policy expires, start shopping because you are always likely to find something cheaper than your current policy. If you had no accidents or claims all through the year, you surely deserve a better rate.
