Are you eligible for discounts?
No matter what company you're insured under or how much your current car insurance policy costs, you should always ask about discounts you can apply to your premium. More than likely, you already qualify for a few savings.
Bundle Discount and Multi-car Discount are the two big discounts that can save the most of your money. Bundling car and home policy can save you up to $904 a year on a combined coverage, and Multi-car Policy can save you up to 25% on most coverages.
Other types of discounts are: safe drivers discounts, affinity group, professional and club membership discounts, veteran and military discounts, vehicle equipment discounts, student discounts, etc.
What are other ways you can save on car insurance?
Compare car insurance rates from multiple companies: The difference between the most expensive car insurance quote and the cheapest quote can range from hundreds to thousands of dollars.
Continuously evaluate your policy to see if you still need certain coverages: Your driving habits will undoubtedly change over time. If you are rarely driving or have your car in storage, it probably doesn't make sense to pay for coverages you aren't using. Drivers who fall into this category should assess if they are spending on unnecessary protection.
Cut administrative costs as much as possible: Another way to qualify for discounts is to reduce your insurer’s administrative costs. For example: Automatic payments, going paperless, paying for six months or a year’s worth of coverage at one time, etc.
Improve some of the factors that affect your premium rates: Insurers take a number of factors into consideration, including your accident history, credit score, age, location and vehicle. If any of these factors change, contact your insurer to get a new quote estimate. Based on our analysis, improving your credit score from worst to excellent can save you an average $1,882 a year.