This is a sponsored post that i found relevant to Luv Saving Money.
Car insurance can get quite expensive. Here are just seven ways to lower your premiums and save your money for other, more enjoyable pursuits.
1. Ditch the Add-Ons
Many insurance packages come with extra coverage that you don’t actually need. For example, if your state only requires liability coverage, you can skip the “uninsured motorist” or “comprehensive collision” coverage. Snipping them out of your policy can save you hundreds of dollars a year.
2. Buy Locally
If you reside in Philadelphia, you’ll want to buy insurance in Philadelphia. The prices listed on insurance sites are often national or average rates; they don’t reflect the prices that a real-life insurance agent can give you for your region specifically.
3. Be Safe
Improved safety features can inspire insurance companies to lower your bill. This is because a well-protected car is less likely to be stolen than a clunker with worn-out locks. Beef up your vehicular security to pay less for your premiums.
4. Go Back to School
In the same vein as the above, you can make your insurance company trust you more as a driver if you attend a driver’s ed or road safety course. They’ll be able to give you certain discounts or percentages off because you’ve proven yourself as a conscientious citizen.
5. Raise Your Deductible
A higher deductible means a lower premium. You’ll need to pay the piper if you get into an accident, of course, but if you’ve been on the road for years without incident, it’s a risk you may be willing to take to save money every month.
6. Buy In Bulk
If you’re a two- or three-car household, don’t insure your vehicles separately. Put them all under the same policy with the same insurance company so you’ll be able to take advantage of their special “bulk” insurance packages.
7. Compare and Contrast
Last but certainly not least, take the time to do your homework before signing up with any particular company. Compare prices for both the month and the year; weigh the perks of one policy against the perks of another; read reviews of various brands and see which one is the preferred choice of others in your demographic.
These are just a few ways to spend less on auto insurance. Whether you’re a first-time driver or a veteran of the road, you’ll want to complete thorough research and get the best deal possible when insuring your vehicle.
