Can You Really Get A Lower Auto Insurance Rate?

Posted on: 14 May 2021

Auto insurance rates seem to increase each year for some drivers, but it does not have to be that way. In fact, you might find that you can get lower auto insurance rates when you build an understanding of the way auto insurance rates work.

So, can you get lower auto insurance rates? It might be possible if you keep these tips in mind.

Check Out Different Rates Annually

One of the best things you can do is always check for better rates when your insurance is about to expire. Each year, you may be eligible for a better rate. Get a new quote annually to ensure that you have all the tools you need to get a good deal.

Improve Your Credit Score

Your credit score has a lot to do with your auto insurance rates too. Your auto insurance company checks your score to ensure that you are likely to pay your bill. Paying off a loan or using less credit can be a great help for your rate.

Consider Trading in a New Car for an Older One

Did you know that driving a new car could be increasing your insurance rates? You may have a better rate with an older car, even if it is older by a few years. Turning in your car for an older model could save you a significant amount.

Contend Your Tickets

If you get a moving violation, it is very important that you contend against the ticket. A moving violation could actually raise your auto insurance level significantly. It may be worth your while to fight your ticket in court to avoid higher rates for years in the future.

Select a Higher Deductible

While a higher deductible means that you will have to pay more if you are involved in an accident, the truth is that you pay a lot less if you are never involved in an accident. It is somewhat risky, but it can save you a lot of cash.

Bundle Your Insurance

It's also a good idea to bundle your auto insurance with other insurance types when possible. You may be able to bundle your insurance with your homeowners or renters insurance, for example.

Reach Out to an Insurance Agent Today

An auto insurance professional can help you make the best decision for your auto insurance rates. Contact a professional today to learn more about your options for getting more affordable rates for the same great insurance.