When it comes to things that make you excited, paying for car insurance probably ranks pretty low; but saving money is probably near the top of your list. For most people, there is nothing glamorous about paying for something you hope to never need. There is, however, excitement in finding a good deal. That is why we are offering our top 3 tricks for supercharging your savings the next time you request a car insurance quote. Continue reading to learn more about the discounts that may be available to you.
1. Combat Age-Related Premium Hikes
Age plays an important role in your car insurance rates. While premiums tend to remain somewhat stead between the ages of 25 and 70, drivers outside this spectrum may face higher costs. If you are a young driver, for example, insurers may charge you more due to inexperience and the greater likelihood that you will be involved in an accident. You can offset your age-based risk by maintaining a blemish-free driving record and providing your insurer with proof of your good grades. If you are a senior citizen, insurers may perceive you as higher risk due to the natural degeneration of vision and reflexes with age. You can still save, however, by enrolling in a driver safety class or by informing your insurance company if you are driving less than you once were.
2. Go Green
If you are concerned about the environmental footprint you are leaving behind on the Earth, you will be happy to know that ‘going green’ can offer some significant discounts in the form of lower car insurance quotes. Next time you are in the market for a vehicle, consider purchasing a hybrid or alternative fuel-based car, for which many insurance companies offer discounts on premiums. If you cannot afford a hybrid, take a smaller, no-cost step and ask to stop receiving paper statements. By automating your coverage payments and eliminating paper bills, you may be able to secure a small discount on your premiums.
3. Bundle Your Coverage
If you will soon be purchasing an additional vehicle in your household or will be in the market for a different type of insurance policy, such as homeowners coverage, shop with your existing insurer first. When you bundle your assets into a single policy or with one provider, you can qualify for significant discounts. You may be able to further supercharge your savings by electing to pay for your premiums in full when they are due instead of in monthly installments.
Bonus Tip: Meet with Your Agent
To ensure you do not overlook any potential discounts, make an effort to meet with your insurance agent on a regular basis. Often, your agent will be aware of discounts that you did not know were available, such as those available to special groups and alumni associations. Plus, your agent may offer you personalized tips that could help lower your insurance premiums and qualify you for special discounts. Examples include:
- Getting married
- Improving your credit
- Carpooling or using public transportation to reduce mileage
- Renewing your policy early
If you live in Tucson, Arizona or the surrounding areas, the helpful agents at Mooney Insurance Agency are happy to assist you in supercharging your auto insurance savings. For more information or to request your free car insurance quotes, contact our office today. We look forward to serving you soon.