In today's economy, you want to make sure you save money whenever, and wherever you, you can. But, sometimes you don't even realize that you're spending more money than you should, especially true where your auto insurance is concerned. There may be times when you leave money on the table, which results in higher insurance premiums, or missed opportunities to save money. Here are some do's and don'ts that result in you spending more money on your auto insurance than you need to.
You Do Keep the Same Policy
If you don't like to deal with change, you may hold on to your auto insurance for years on end. That may seem like a wise thing to do. But, it could actually be costing you more money. You might not realize this, but you can save money by shopping for auto insurance each time your policy matures. You don't even need to leave your current insurance provider. You just need to ask to have your policy renegotiated. This is a great way to save money on your insurance, especially if you've been with a company for many years.
You Pay for Glass Repairs
If you've ever paid to have your own windshield replaced, or repaired, you missed out on the opportunity to save money. This is especially true if you have comprehensive coverage on your auto policy. With comprehensive coverage, you'll pay a discounted rate for your deductible, and the repairs or replacement will be covered. Best of all, using your windshield coverage won't cause your rates to go up.
You Don't Ask About Discounts
If you don't ask about discounts when you shop for auto insurance, you might be paying too much for your coverage. There are many discount opportunities to be had. But, you need to ask about them. Most insurance companies offer discounts to good drivers. They also offer discounts when you insure more than one vehicle on your policy. Or, when you belong to certain clubs or organizations. You may even be able to get a discount for your chosen profession. If you're not asking about discounts, you could be leaving money on the table each time you buy auto insurance.
You Don't Advance Your Training
If you passed up the opportunity to enroll in a defensive driving program, you may have also passed up the opportunity to save money on your auto insurance. Insurance companies don't like to lose money. Unfortunately, that's what happens when they need to pay out on a policy-holders car accident. When you reduce your risk, insurance companies will reward you with lower premiums. That's why you need to enroll in a defensive driving program the next time you get the chance.
To learn more information, reach out to auto insurance agents near you.Share