Everything in our 2022 economy is going up, and Florida residents are looking for ways to save money. Gas prices are rising, new car prices are rising, and used car prices are rising – there is no doubt that our deriving habits are costing us more money than ever. No matter the age, make, or model of the vehicle you drive, insurance is necessary on Florida roads. Are there ways to save on your auto insurance? We are here to help with some easy car insurance tips that may help ease the pressure on your wallet.
The auto insurance policy chosen by a car owner will differ according to the coverage amount, valuation of the vehicle, driver records, and deductible schedules. The ultimate goal of every auto insurance policy is to get the best coverage for the best price.
To make an auto insurance policy purchase more straightforward for you, check out these quick car insurance tips:
- Get online quotes: Many sites will provide online insurance quote generators that will allow you to get an idea of how much your coverage will cost through different providers. If you are using calculators on multiple sites, be sure to plug in the same variables in each to compare apples to apples. Changing the deductible amount between calculators can make a big difference.
- Compare again and again: To expand on the above point, the premium amount should not be the only factor in play when you are comparing policies. Compare other policy components, such as additional riders and coverage provided by different types of plans. You may decide that it makes sense to pay $10 more a month if you are provided roadside assistance. Looking at the totality of the offering will make policy selection easier.
- Take your time: Don’t just jump on the first policy you see. Don’t fall for a “too good to be true” advertisement. Take your time, do your research, and you will eventually land on the best policy for a fair price.
- Provide the right information: Avoid the temptation to provide false information in order to get a better deal. While your monthly premium may be lower, it could cost you dearly if you need to be compensated after an accident and your claim is denied. The insurance company has the right to refuse to pay you if they determine you lied when obtaining your policy.
- Consider a more modest vehicle: While no one wants to give up their high-end, sexy car, insurance companies do charge a higher premium for luxury or sports cars. If you seriously need to cut back on monthly expenses, you can get a more economical car – not only will you save on your car payment and insurance premium, but most likely, you will also save on gas.
- Search for – and ask for – discounts: Many discounts are available, but they are not always offered proactively. You can search for available discounts on the insurance websites or call the provider directly to ask. If you are working with a local insurance broker, they can help you determine discounts and programs you may be eligible for. Here’s a hint – if you are renewing your policy and have had no claims in the previous year(s), ask if a discount or new policy option is available to you.
You can use these car insurance tips to save money, but you can also call the team of insurance experts at Anderson & Associates Insurance Group. We are based in Palmetto, Florida, and we are dedicated to helping you find the best insurance policy for your home, vehicle, or business.
