Q:
What are some practical things I can do to lower my automobile
insurance rates?
A: There are a number of things you can do to
lower the cost of automobile insurance rates. The first thing
you may do is ask
us to get quotes from several companies for you. It is not
uncommon to find quotes on automobile insurance that can vary
by hundreds of dollars for the same coverage on the same car.
However, when you shop, be extra careful to make sure each insurer
is offering the same coverage.
Another way to lower the cost of automobile insurance is to look
for any discounts for which you
may qualify. For example, many insurers will offer you a discount
if you insure multiple cars under the same policy, or if you have
had a driver education class in the last five years. Be sure to
ask
us about discount plans that may be applicable. Additionally
the easiest way to lower the cost of automobile insurance is to
increase the deductible. Simply raising your deductible from $250
to $500 can lower your premium sometimes by as much as five or
ten percent. You will pay more when you use your insurance by
increasing the deductible, but you will definitely lower your
rates.
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