lunes, 19 de junio de 2017

Tips for lowering your Car Insurance premiums

Saving money is important to most people and there may be more ways to save than we might think.

There are some practical ways for drivers to lower their premiums and it is easier than most people would realize.

At GUARDIAN INSURANCE AGENCY located in Fairburn, Lagrange and Norcross, we give you a list of five things you can do to lower your insurance costs:

1. Compare insurance costs, before buying a car:

Before you buy a new or used car, you should check the insurance costs. Car insurance premiums are based in part on the price of the car, the cost to repair it, its overall safety record and the likelihood of theft. Many insurers offer discounts for features that reduce the risk of injuries or theft. 

2. Ask for higher deductibles:

Deductibles are what you pay before your insurance policy kicks in. By requesting higher deductibles, you can lower your costs substantially. For example, increasing your deductible from $200 to $500 could reduce your collision and comprehensive coverage cost by 15 to 30 percent. Going to a $1,000 deductible can save you 40 percent or more. Before choosing a higher deductible, be sure you have enough money set aside to pay it if you have a claim.

3. Reduce coverage on older cars:

Consider dropping collision and/or comprehensive coverages on older cars. If your car is worth less than 10 times the premium, purchasing the coverage may not be cost effective. Auto dealers and banks can tell you the worth of cars. Review your coverage at renewal time to make sure your insurance needs haven’t changed.

4. Buy your Homeowners and Car coverage from the same Insurer Company:

Many insurers will give you a discounts if you buy two or more types of insurance. You may also get a reduction if you have more than one vehicle insured with the same company. Some insurers reduce the rates for long-time customers. You may save money buying from different insurance companies, compared with a multipolicy discount.

5. Maintain a good credit record:

Establishing a solid credit history can reduce your insurance costs. Most insurers use credit information to price auto insurance policies. Research shows that people who effectively manage their credit have fewer claims. To protect your credit standing, pay your bills on time, don’t obtain more credit than you need and keep your credit balances as low as possible. Check your credit record on a regular basis and have any errors corrected promptly so that your record remains accurate.

Remember that a car insurance policy may help protect your wallet, your vehicle and even offer peace of mind. Contact us for more Information, At GUARDIAN INSURANCE AGENCY located in Fairburn, Lagrange and Norcross, we can help you choose the coverage that's right for your needs.

For more Information contact us: (706) 884-5006 or (770) 969-5666

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