In a lot of states, you can’t legally put a car on the road unless you have car insurance. Without it, you could be subject to heavy fines depending on what state you live in. If you don’t do your research, car insurance could be one of your most expensive bills. But there are ways to keep it cheap.
Don’t be afraid to shop local
Big companies, like Allstate and Geico, like to spend a lot of money on commercials telling you they have the best and cheapest car insurance in your state. That might not always be true. Going to local insurance agents and having them help you find more local companies could bring down your insurance rate significantly
Don’t be afraid to ask about discounts
Many insurance companies will offer discounts for different things. All you have to do is ask for them. Here are some common reasons to get a discount
- A clean driving record
- Bundling with other insurance policies, like homeowners
- Multiple cars with one policy
- Paying as much as you can at once
There are more, but before you jump into the discount list, you’ll still need to compare it with other insurance companies.
Take out comprehensive and collision if your car is old
If you have an older car, the extra collision and comprehensive coverage might not make sense. If you total your car, the insurance pays out the value of the car. If you know your car’s market value is low, you’ll want to reconsider having collision and comprehensive insurance.
Shopping for car insurance doesn’t have to be a daunting ordeal. If you have a trusted insurance agent, they can help you figure out the best insurance policy for your car. As long as you’re constantly comparing you’ll save a lot of money.