Insurance is mostly about risk, establishing a good reputation takes time but is worth it. Here’s my 5 top tips to reduce your general auto insurance long term.
1. Raise your deductibles: share the risk and take care of the small claims yourself. Less claims makes you a better risk; this will improve your insurance rating long-term giving you better rates in the future.
2. Driver training: take an advanced driver training course. This helps you quickly and also helps avoid accidents resulting in fewer claims.
3. Drive safely: less claims and a clean driver record. Traffic infringement tickets can increase your premiums for up to three years.
4. Have a good credit score: being a good credit risk improves the overall perception of you as an insurance risk. This takes time and pays off with more options for lower premiums.
5. Be a good customer: insurance companies have to spend money to earn your business; if you give it to the same company you’re more valuable to them and it saves them money. If you have more than one vehicle, try to put them on the same policy. Also try using the same company for your house insurance.
Related posts:
Comments on this entry are closed.