Agents of Drive - A car blog by a team of undercover agents(ish

3 people, 6 cars and a whole lotta fun!

  • Home
  • About Us
  • Featured
  • Cars
  • Car Buying
  • In Car Stuff
  • Driving Guides
  • Contact Me

10 Ways to Save Money on Car Insurance

February 15, 2018 9:56 pm Filed to: Cars by Jerry

There’s good news and bad news when it comes to your car insurance. The bad news: yes, you have to pay for it! The good news? There are many ways you can lower your premium and save money. If you’re looking to pay less for your car insurance, consider the following ten tips.

  1. Compare multiple quotes before you renew. Insurance premiums change regularly, and so do lifestyle factors that could impact the price you pay for your plan (such as moving or getting married). Because of this, you should compare multiple auto insurance quotes each year before renewing your coverage. Luckily, you can easily do this online before choosing your plan.
  2. Install winter tires. To stay safe in the cold weather, you’ll want to install winter tires if you live in an area where the temperature drops to 7 degrees celsius or lower. Most insurance providers offer a winter tire discount that will help offset the cost of this expense.
  3. Pay your premium upfront. If you have the money ready, you could save up to 9% on your premium by paying it all at once at the beginning of the year, rather than in monthly installments.
  4. Raise your deductible. You can often lower your premium by raising your deductible. You’re essentially saving money by relying on the assumption that you won’t need to make a claim, so only consider this option if you have enough cash in the bank to cover your higher deductible if necessary.
  5. Get rid of collision coverage. Did you know that collision coverage is often not legally required? If you’re driving an older car, it’s possible that the cost of collision coverage plus the cost of your deductible will add up to more money than you’d receive from making a claim. If that’s the case, you may want to forgo paying for collision coverage and start saving that money towards a new vehicle.
  6. Have your teen complete a driver’s education course. If you’re adding a teen driver to your policy, you can often receive a discount if they complete a driver’s education course. As a bonus, you’ll have peace of mind knowing they’ve received professional training. You can also ask your insurer if your teen is eligible for a discount based on their good grades.
  7. Sign up for a Usage-Based Insurance plan. Drivers who adopt a Usage-Based Insurance (UBI) plan agree to install a device that will track their driving behaviour (such as accelerating and braking) and report it to their insurer. By signing up for UBI, you can receive an immediate discount to your premium, and up to 30 percent in savings when it’s time for renewal.
  8. Update your security features. Ask your insurer if you’re eligible for a discount if you install an anti-theft system, like an alarm, or if you invest in a vehicle recovery system. In both cases, your insurer could give you a break on your premium if you have security features that mitigate the risk of a stolen vehicle.
  9. Bundle your insurance policies. You could save money on your policies if you insure your home and your car with the same provider. If your insurer covers other types of vehicles, you can also bundle policies for your motorcycle, boat or snowmobile.
  10. Drive carefully. Your good driving record will help keep your insurance premium as low as possible, so make sure you’re following the rules of the road when you’re behind the wheel. Convictions for both minor and major traffic infractions can raise your rates, so consider contesting any tickets you feel are unfair – if you’re found not guilty, the offense won’t go on your record.

Hopefully, one or more of these tips will save you money on your car insurance. If you’re not sure whether or not you qualify for any of these discounts, call your insurer today to review your coverage. And don’t forget to review your options before it’s time to renew your policy!

Previous post
Hiring a car in Europe
Next post
What to consider when changing car insurance

Recent Posts

  • Does CBD Oil Help Relieve Acid Reflux
  • Do CBD Gummies Work? The Truth About Edibles – According to Psychologist Anastasia Filipenko
  • How to Rent a Car with Discount Code and Save Money?
  • Things to Know Before Getting a High-Output Alternator
  • Reasons to Do a DIY Car Stereo Installation

Categories

  • Aston Martin (1)
  • Audi (4)
  • Bikes and Cycles (6)
  • Car Buying (35)
  • Cars (106)
  • Convertible (1)
  • Driving Guides (19)
  • Entertainment Only (4)
  • Featured (25)
  • First Drive (1)
  • Ford (4)
  • Future Cars (4)
  • Hyundai (1)
  • In Car Stuff (8)
  • Injury (4)
  • Lamborghini (1)
  • Mercedes (1)
  • mini (1)
  • Motor Sport (1)
  • New Cars (5)
  • Reviews (9)
  • Toyota (3)
  • Truck Buyers (2)
  • Volkswagen (6)

OUR VALUED SPONSORS

SPONSORED LINKS

Special Offers : Save on quality tires with these manufacturer's promotions available from Tire Rack.

LOOKING FOR SOMETHING?

POPULAR PORSCHE POSTS

Does CBD Oil Help Relieve Acid Reflux

Do CBD Gummies Work? The Truth About Edibles – According to Psychologist Anastasia Filipenko

How to Rent a Car with Discount Code and Save Money?

Things to Know Before Getting a High-Output Alternator

Reasons to Do a DIY Car Stereo Installation

3 Myths About Leasing a Vehicle Busted, How You Can Lease a Toyota Today

Find us on Facebook

  • November 2022
  • May 2022
  • February 2022
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • January 2015
  • November 2014

Some Reader Favorites

Does CBD Oil Help Relieve Acid Reflux

Do CBD Gummies Work? The Truth About Edibles – According to Psychologist Anastasia Filipenko

How to Rent a Car with Discount Code and Save Money?

Things to Know Before Getting a High-Output Alternator

Reasons to Do a DIY Car Stereo Installation

Latest Tweets

  • Noisli - background noise and color generator for working and relaxing http://t.co/1YU7uPET9Z @noisliover a year ago
  • How to Build a Mobile App That Empowers Your Brand http://t.co/CyZtYDgjl4over a year ago
  • Я смотрю трансляцию NASAtelevision в прямом эфире на @Ustream! Присоединяйтесь http://t.co/SPe2NL4tbp !over a year ago

Looking For Something?

STAY CONNECTED WITH FLATSIXES

Back to top

Copyright © Flatsixes.com 2015 · All Rights Reserved

Facebook
fb-share-icon
Twitter
Tweet