Here at CheapAutosInsurance.com, we are devoted to helping you find the lowest price insurance that will meet your needs, and we offer information from hundreds of insurance companies to help you do just that, but sometimes it helps to be pro-active, so let's look at some different ways you can turn any insurance into a cheap auto insurance policy.
The obvious recommendations are to maintain a pristine driving record, and to make sure that any teenagers in your household also maintain good grades, as both of those things get you discounts. Some companies even reduce your premium a little bit for every year you haven't had an accident. You already know, also, that having your home and auto insurance with the same company can make your premiums significantly less expensive on both counts, and of course it's common knowledge that a reliable sedan or hatchback costs less to insure than the zippy little sports car of your dreams.
Still, there are several little things you can do to reduce your out-of-pocket insurance expenses. Here are a few:
While most new cars come with some sort of theft protection, not all do. If you're buying a new car, be certain to add LoJack, an alarm, or an engine immobilizer to your security package. If your existing car does not have an anti-theft device, tracking systems, alarms, and "kill switches" for the engine can all be added after-market, often for less than a hundred dollars.
Annual Policies:
While the term for most auto insurance is six months, you may be able to get a year-long policy. The longer commitment term nets you a smaller payment over all.
Join the Group:
You may be eligible for a group discount if you work for a major corporation, or belong to a trade union. While group discounts may not be large, they are generally applied in tandem with other discounts, for a bigger benefit to you.
Say Yes to EFT:
Electronic Funds Transfer isn't just a fast and secure way to get your check to the insurance company on time, it can save you money. Many insurance companies waive processing fees for customers who pay electronically, especially if they put their monthly installments on an automatic payment plan. While you're at it, see if your insurance company can email your statements instead of mailing them. Not only will you reduce the amount of paper floating around the world, but it could save you up to $5 a month. The digital age is good for you and the environment.
Mileage Matters:
If you don't do a lot of driving - only from home to work and maybe to the grocery store and back - keep a close eye on your annual mileage. Most insurance companies give a discount for low-mileage vehicles, so if you can keep your mileage under abut 14,000 miles per year you can keep a bit more cash in your pocket.
With Two It's Better:
Just as having your auto and home policies with one company can save you money, so, too, can having both your cars on the same policy. The multiple auto discount is a fairly standard offering, industry-wide. For that matter, if you don't have a life insurance policy, consider getting one from the same company who holds your auto and home insurance - again, multiple policies equals multiple savings.
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