Getting good auto insurance coverage at a decent price is a very challenging thing today. In fact, many people look hard at get quotes from multiple sources in order to get the best coverage possible for their vehicle. However, not all of them are successful in doing so and often end up with coverage that is barely sufficient and might not even be adequate enough to get on the road with. This is problematic as you need to ensure that your coverage is either equal to or more than the specified limits of the DMV. With some tips, you can enjoy some good discounts on your auto insurance.
The first easy way of getting good discounts on your auto insurance is by simply buying a car and loading it with safety features and other features that will ensure that it is safe at all times. Driving a car with central locking, ABS braking systems, GPS monitoring as well as air bags and seat belts will guarantee that your premium is lower than the others and that you will have to pay a substantially lesser amount than what others might be paying for the same kind of coverage.
On the other hand, if you consider yourself to be a reasonably safe driver, then you can increase your deductible and pay lower premiums periodically. While this is a risky move, it will help you save substantial money over the years that you can use for something else. However, if you do have the bad luck of being involved in a car accident, you will have to end up spending more from your own pocket and hence, it is quite a risky move if you think about it. But, if you have raised your deductible a long time ago, you can use the savings from this to pay for the accident if it does happen.
There are also other discounts that you can make use of, like the low mileage discount wherein you can claim a discount on your auto insurance if you drive lesser than a certain amount of miles in a day, like less than 35 or so. Many companies have a discount offered in case you don’t use your car too much, which is pretty useful in helping you save money on your auto insurance. Also, you can claim discounts based on your age (senior citizen discount) or because of your status (military discount, good driver discount etc.).
Finally, it is wise to get your insurance policy from the same company that you have other coverage from. Suppose you have home insurance or other form of insurance from one company, you need to contact them to help you get insurance for your vehicle as well. Since you are taking so many forms of insurance together, you can try to get a package discount, wherein the same company offers more than one policy to the consumer. Usually, this is in the range of 10% to 15% , which is a pretty decent amount to be discounted off your car.
