3 quick and simple ways to save money on insurance
It is important to shop for the best coverage as well as the best rate available.. Insurance is an asset that will not only protect you and your vehicle; however, it will also protect your family, home, and other drivers on the road. Below are three quick and simple ways to save insurance.
1) First and most importantly, drive safe. There are many distractions while driving that can cause an accident or cause a ticket from being issued or potentially causing harm to another driver. Some ways to avoid this is anything from avoiding using a phone for conversation or texting, don’t drink and drive, know your surroundings to avoid accidents from happening, watch your speed, and don’t drive when you are tired.
2) Know your coverage. Many people go into looking for insurance with no clue as to what coverage is actually needed. State of California requires every individual to carry limits of liability of 15(injury/death one person) /30(injury/death more than one person)/5(property damage). However, if the vehicle is financed, the finance company will more than likely have specific requirements that must be met (full coverage) in order to maintain the loan. Another aspect of insurance that is commonly overlooked by many is Uninsured Motorist. Regardless of State of California requiring insurance, there are still many drivers without insurance. Uninsured Motorist would cover your vehicle if a car accident occurred with an uninsured driver for about $30 dollars more per year.
3) Shop around for the best rate available and look for discounts. Most insurance carriers also offer many different discounts to help reduce insurance rates, for examples a 12-20% discount for combining home and auto policies also for having an AAA membership some carriers offer up to a 20 % discount. Some people have saved as much as $3000 a year just by combing policies and going with the most appropriate carrier for them. As a consumer the most important thing to do is ask, you may be surprised at discounts offered, but if you don’t ask, you’ll never know.
