Making the Most of What You Own: 4 Keys to Insurance Discounts
Even though you might find other ways to save money during the month, there is one thing that you really can’t cut as much as it’s something that you have to pay.
It’s your auto insurance, and if you don’t make the payment because you want to save money, then there is a possibility that you won’t have coverage at all, which could result in getting a ticket if you are pulled over.
Fortunately, there are a few discounts that are available that can save you a little money on your policy.
No Accidents
There are many insurance companies that will offer a discount if you don’t have an accident within a certain amount of time. It’s usually within a six-month time frame.
As long as there are no incidents, then you can usually begin to see your rates drop or even get a small check as a way for the company to say thank you for being safe on the road.
Bundles
If you bundle your auto, home and other types of insurance together, then you can usually get a discount on what you pay. This is because companies want to keep your business instead of you finding a policy for your home at another company or getting life insurance with another company.
They want to make it possible for you to get the lowest rates for multiple services without working with several different companies.
In The Equipment
When you begin a policy, you’re often asked about the safety equipment that you have on the car. There is a reason for these questions. Most companies will offer even a minimal discount for having anything from passenger side airbags to anti-lock brakes on the car.
You can also save money if you have these items installed on the car after you make the purchase of the vehicle as it shows that it’s safer on the road. It might not be a bit discount, but any amount can help save money.
Multiple Cars
It might be a benefit to have more than one car in the driveway. The specific insurance company will have an impact on the exact discount offered, but most will look at how many cars and whether you need full coverage on all of them or not.
In some situations, you might have a lower rate for two or more cars than you would for just one.
Your insurance is important because it’s something that you’re required to have. However, there are a few things to check into if you’re looking for a way to save money.
If you don’t get the discounts that you want, then shop around for another company before getting the policy. It could be a good idea to use the services of an agency such as Northeast Insurance Agency, as agencies occasionally have access to discounts not available to the public.
The most important thing when choosing an insurance agent to work with is to choose someone that you like and that responds to you in a timely fashion.
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Category: Car Insurance
