Do Research Before Purchasing a Car:
If you are in the process of buying a new or used car, check into the possible insurance rates before you sign and buy. Insurance can vary in price quite a bit based on the age of the car, the make and model, and even the special features like anti-theft. You may get a fantastic price negotiated for your new vehicle, but you may pay more over time if it happens to be expensive to insure it.
Already Own Your Vehicle? …Reduce Your Coverage or Increase Your Deductible:
If you have owned your vehicle for any length of time, consider lowering the coverage to help with costs. Find out it’s current value to see whether or not you still need to be using the high amount as a figure for your actual coverage.
If you can afford it, consider a higher deductible to save some cash. Even increasing your amount by $200 can really impact your insurance premium. If you elect for an even higher amount, be sure that you have enough money saved in the event that you are in an accident and need to have your vehicle repaired. The deductible is the amount of money that you must pay up front before the insurance coverage kicks in for repairs.
Do Some More Shopping:
Get at least three quotes from different companies. If you have note shopped for auto insurance recently, you will be quite surprised how drastically prices can vary.
It can be beneficial to talk to friends and family for their recommendations. They may have some insight and invaluable information about a company that you are researching for insurance quotes.
Be aware that insurance companies sell their products several different ways. Some companies sell their insurance only through their agents, so you are better off in dealing with an independent insurance agency such as Lindeman Insurance. They can offer you policies from several companies, giving you the best options for your particular needs.
Do Some Bundling to Save More:
Are you already paying for Homeowner’s Insurance? Check with your current insurance agent and see if you can get a lower auto insurance rate if you bundle it with your home insurance. Many companies offer these types of programs so it doesn’t hurt to ask.
Are You a Senior?
The American Association of Retired Persons (AARP) offers an 8-hour class to people 55 years of age or older. It is designed to help individuals improve their driving skills. By taking this course, you can save money on your car insurance premiums and become a better driver! Minnesota law requires insurance companies to offer you up to a 10% reduction for three years upon completion. The course is two sessions of classroom. It includes a video, work book and class discussion – NO DRIVING AND NO TESTS. Attendance at all 8-hours is required to receive credit.
How Good is Your Credit Score?
Most insurance agencies use your credit history in preparing an insurance policy quote. Maintaining a good credit score will increase your chances of getting lower quotes prices for your insurance.
How is Your Driving?
Finally, one of the surest bets in getting the best insurance prices is by having a good driving record.
If you have any further questions, please give us a call or contact us and we will help you in any way we can!