Drop Your Ann Arbor Auto Insurance Bill In 6 Steps
Money saving strategies - Start saving today
1.Be sure to ask about discounts! Don't ever forget to ask about discounts.. Be sure to ask your local agent or auto insurance company about any available discounts that they may have. Some of the top discounts include rate reductions for a safe driving record, driving less than 8,000 miles/year, having a preferred occupation, and even good grades for students. The bottom line is if you forget to ask you could miss out on some significant savings opportunities.
2.Increase your deductibles. Raising your deductible increases your risk in the event of an accident. For those unfamiliar with what a deductible is, it is the money you will pay out of pocket before your insurance coverage kicks in. By increasing your deductible the insurance company will reward you with a lower rate. Just be sure you have the additional money set aside in the event of a loss.
3.Choose your car wisely! The type of car that you drive can play a significant role in the overall pricing of your car insurance policy. Before you purchase that next new vehicle be sure to call your local insurance agent to compare the insurance costs for several vehicles. By the time you factor in the cost of insurance one vehicle may be a better deal than another.
4.Make sure you are a safe driver. Putting the pedal to the metal is not a good idea. Your driving history is the 1 factor used to calculate your rates. If you have tickets or accidents on your record you can expect to pay more for your Ann Arbor MI auto insurance than those with a clean record.
5.Know your credit score. Virtually all major insurance companies use some form of credit criteria to come up with your auto insurance rate. While credit is only one criteria used, it is safe to say that the better your credit is the lower your rate will be. Because some companies look more closely at credit than others, it pays to compare rates from multiple insurance carriers.
6.Work with an independent insurance agency. Independent insurance agencies represent multiple insurance companies rather than just one. As a result they can impartially shop the competition on your behalf to uncover the lowest rate.
