Easy Tips on How to Reduce Your Car Insurance Premium
Save Money on Auto Insurance
There’s no two ways about it, having a car these days is costly. It’s expensive enough every time you fill up with gas, but add in the extra costs of tax and insurance, and you’re talking thousands of dollars each year. Auto insurance in Banning, CA is a necessity. However, it doesn’t have to break the bank to secure reliable coverage. There are a number of ways to cut down your car insurance premium – here are a few.
Reduce Coverage on Older Vehicles
If your car is old and paid for, consider eliminating your collision coverage. It is the coverage that pays for any damage that you cause to your vehicle and it makes up a big portion of your insurance cost.
Use One Insurance Company
Group all of your insurance policies (auto, home, etc.) with one insurance company. Many insurers will offer a significant discount for doing so!
Raise Your Deductible
Your deductible is the amount you pay out of pocket when you make a claim. Decide how much you can realistically and affordably pay out of pocket, and then adjust your deductible accordingly. Raising your deductible will save you money on your premium because you are taking on more responsibility for the cost of repairs.
Safe drivers are rewarded with a better insurance premium. Avoid speeding, stay out of accidents, and prevent any chance of getting a traffic violation. Most companies will reduce your rate every time you go three years without a traffic violation.
Are you an infrequent driver? Tell your insurance agent! Less time on the roads means there’s a lower chance of getting into an accident. This translates to a lower premium for you. If you carpool to work, be sure to mention this as well.
Improve Your Credit Score
Many insurance companies now use your credit score as part of the criteria for determining the cost of your insurance premium. To ensure you’re getting the best deal possible, be sure to pay your bills on time and contest any credit reporting errors that you find on your report.
To find the best auto insurance policy to fit your needs, contact the experts at Little & Sons Insurance Services. Serving Banning and the neighboring cities in California, our dedicated team is ready to assist you with all your insurance needs.