Everyone who drives needs car insurance, but there are things you can do to make sure you have the best cheapest car insurance. A lot of buying auto insurance coverage is about reducing your risk factors to lower your car insurance rates without affecting the level of your car insurance coverage. While some of the risk factors and trade-offs are out of your immediate control – like your driving record, gender and age – there are other elements you can use to help reduce your payment without sacrificing coverage.
Defensive Driving Course
Of course, even some of the risk factors directly tied to you as a driver can be reduced. By taking advanced driving courses – classes that teach defensive driving and other safety enhancing techniques – you can get your rates down even with a less than perfect record. Of course, that’s a trade off between time and money spent on classes versus money spent on insurance premiums.
Keep insurance rates in mind when you shop for a car. A good rule of thumb is that smaller cars cost less to insure than larger ones. The larger the engine your vehicle has, the higher your insurance rates. While liability coverage is often not affected, having an import can cause your insurance rates to go up because parts tend to be more expensive. So, the model of car you drive is a trade off with your insurance rates.
Safety and Security
Think about installing safety and security devices – or buying a vehicle that already has them. These types of items will help to reduce your insurance premiums, but will also cost you more at the start. Don’t forget to include this information when looking for insurance.
Don’t pay for coverage you don’t need. If you already have some sort of towing service or roadside assistance, then you shouldn’t pay for it. If your car is older and has a very low value, you might want to forego covering it in case of an accident and just stick with liability insurance. The extra amount you are paying could equate to buying the car several times over.
When you’ve figured out what coverage you absolutely need (remember that certain levels are required depending on which state you call “home”) and what you can do without, it’s time to start shopping around. Just as every type of insurance coverage isn’t what you really need, not every company is best suited for insuring every driver. Different companies have policies that are better suited to different drivers. That’s why it is handy to get a number of quotes at once so you can compare prices and coverage. The Internet is a great resource and you can find sites like this one to compare policies side by side. It doesn’t pay to get bad insurance coverage to save some money, but there’s no reason you should pay too much for quality insurance.