10 Tips That Can Help You Get The Cheapest Auto Insurance
With everything else on your mind, have you put your auto insurance on auto pilot? It’s not your fault if you have — lots of people do it. In fact, the insurance companies count on it. They make more money that way by raising your rates over time.
But maybe it’s time you review your policy and compare it with what else might be out there that can save you substantial amounts of money this coming year.
Here are 10 tips that can help you make an informed decision as to whether you are paying too much for auto insurance:
Request higher deductibles.
Your auto insurance deductible is the amount you agree to pay upfront before your insurance company pays its share to repair your damages. Inquire about increasing your deductible from, say, $200 to $500 — you might be surprised at how much you can save every year. In some cases, you could save between 15-30% on the cost of your collision and comprehensive coverage. If you increase your deductible to $1,000, you may be able to cut it even further — perhaps by as much as could decrease that cost by at least 40...
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