It costs a fair amount to own and maintain a car, but it doesn’t have to break the bank. Here are our Top 10 Ways to Reduce Your Auto Insurance Premiums.
1. Eliminate collision coverage on older vehicles
If your vehicle is old and fully paid for, you might want to think about getting rid of collision coverage. This is the coverage for any damage that YOU cause to YOUR OWN vehicle, and it makes up a large portion of your insurance cost.
2. Use TIG and Go Insurance for all of your insurance policies
Grouping all of your insurance policies—auto, home/travel, etc.— with one insurance company earns you a multi-line discount, lowering your total premium.
3. Pay a higher deductible
The deductible is the amount you pay when you make a claim. By agreeing to pay a higher deductible, your premium is decreased drastically.
4. Drive carefully
The safer you are as a driver, the better your premium. The more sure TIG and Go Insurance can be about you not speeding or getting into accidents, the more comfortable we’ll be with providing you with a lower premium.
5. Drive less
If you don’t drive very often, or car pool to work, tell your TIG and Go Insurance broker about it. Less time on the road means less opportunity for accidents.
6. Seek teen driver discounts
Teenagers are some of the most expensive people to get insured, but there are steps you can take to lower teen premiums. Ask a TIG and Go Insurance broker about possible ways to lower your son or daughter’s premium.
7. Pay your bill in large chunks
If you request to pay your bill every six or 12 months, then you will avoid costly monthly add-on fees.
8. Protect your car from theft
Garage-kept cars and cars with alarm systems are less likely to be stolen, and therefore less expensive to insure.
9. Skip roadside and car rental coverage
Does TIG and Go Insurance’s auto insurance policy come with extras that you don’t need? Can you survive without roadside assistance or rental coverage? Go over your policy with a TIG and Go Insurance broker to tailor your policy specifically to your needs.
10. Improve your credit score
Improving your credit score will provide you with the best deal possible. If you pay your bills on time, this will help.