How to talk cheap auto insurance with your agent

cheap auto insuranceGet to know the top things to do to save, and what to discuss with the pros.

When it comes to finding cheap auto insurance, there are a number of things that are, and are not, in your control, so it’s a good idea to learn some of the best tips for savings and then talk to your agent to make sure that these efforts will work in your favor in the long run.

Remember that the lowest premiums don’t always provide the best coverage, so an agent’s help is invaluable.

Overall, though, there are some points that you can prepare ahead of your discussion with this industry professional, so that you can make sure that you’re squeezing your policy for every penny, and paying the very least for the perfect amount of coverage.

Among the controllable factors that you will want to talk about include the following:

• Buy a vehicle that costs less to insure – even the best driver will struggle to find cheap auto insurance when driving a car that is considered to be high risk in terms of price, crash test rating, category classification, the cost for repairs and parts replacement, model theft rate, and weight-to-horsepower ratio. If you want to make sure that you have the cheapest monthly premiums, stay away from expensive vehicles, sports cars, the latest models, and those that don’t score well in safety. The National Highway Traffic Safety Administration issues a report every year that compares various makes and models in these ways. Your agent will be able to provide you with this information.

• Pay for the full year – many insurers will offer policyholders discounts when they pay for an entire year of coverage up front, instead of paying monthly premiums. If you have the cash, find out if this sort of savings is available through your insurer. Don’t worry about being “locked in”, as your insurer is required to refund you for unused days should you decide to cancel your policy before it expires.

• Become a careful driver – your own driving record is one of the leading factors to impact the calculation of your premiums. Therefore, if you have had major traffic violations or accidents within the past few years, it can significantly impact the amount that you pay. From now on, dedicate yourself to becoming the safest driver on the road. Find out if from your agent if taking a driver safety course will also generate a discount for you. You may be surprised at the cheap auto insurance savings that a day or a weekend’s lessons can provide you (not to mention the added safety on the road!).

 

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