Deciding to ditch commuting and finally get that car can be exciting, but with every step you take towards freedom, comes responsibility. Now, apart from fuelling, tire and oil changes, and all the basic needs of a car, there is the mother of them all, insurance.
You will find that sometimes, the cost of insuring your car per year can amount to around 15% of the total cost you spent on buying it. Yep, it can be that expensive. But just like everything else in life, there are also hacks to this. This article will guide you on some ways to save your coins by getting cheap car insurance.
Shop Around For Cheaper Car Insurance
Before you settle on a certain car insurance company, make sure you d some looking around at their rates. Just enter some information about yourself, the car you drive, and what type of car insurance coverage you want. You will get several quotations from different car insurance companies, then get to pick which one works best for you. An important thing to note, however, is how easy the company is to deal with in the event of an accident or such. They may be cheap but a headache to deal with in such cases, so make sure you do your research.
Look Around For Discounts
There are a couple of discounts you can get from your car insurance company, so make sure to always ask if there are any you qualify for. They vary from:
• Being a mature / older driver.
• Having good grades in school.
• How many safety features you have in your car.
• Being a loyal customer to a car insurance company.
• Paying your insurance in one bill.
You may be wondering why factors like your age ad grades can earn you a discount. Well, it has been prove that students who do well in school, and older people, are much more responsible drivers, so the company will offer them cheap car insurance, via discounts, because they pose no threats and are not a liability.
Yes, you have heard this everywhere already, but apart from actually keeping you safe and alive, driving safely will also save you some money on car insurance. Yes.
Car insurance companies will look at your driving history, and that includes the number of accidents you have been in, speeding tickets, how many red lights you have run, and all that. Even one accident can double the rate that a car insurance company will offer you, since they predict that you will get into more. Make sure you follow all traffic regulations, drive below the speed limit, and just keep safe on the road. Both for your own wellbeing, and to help you get lower rates on your car insurance.