No one wants to feel like they’re overpaying on their car insurance. But how can you save money without compromising your level of coverage?
Best Practices for Saving Money on Car Insurance
Laying the groundwork for saving money on your car insurance can begin before you even start receiving quotes from providers – and sometimes before you even have the car itself.
One of the easiest ways to save money on car insurance is to drive safely and maintain a good driving record. This will not only keep you and your passengers safe but also help you enjoy lower premiums and maybe even qualify for safe driver discounts.
In the market for a new vehicle? Be sure to research your preferred car model’s safety ratings as they can dramatically impact the cost of your car insurance. Does it have a high accident rate? Is it frequently stolen? Not only will answering these questions help you save money, it will also help ensure that you are getting the best safety features for your money.
Still not sure if you’re getting the best deal? When in doubt, it’s always best to shop around. Getting quotes from at least three different insurance companies will give you a good idea of rates, allow you to compare coverage levels, and look into any additional perks and services that may be beneficial to you and your family.
Remember, you can always increase your deductible to lower your monthly, quarterly, or annual payments if you can afford the potential out-of-pocket expense.
Take Advantage of Available Discounts
Another way to save money is to take advantage of discounts that your car insurance provider may offer. Below are just a few of the circumstances that may qualify you for an auto insurance discount:
- passing driver training/education, driver improvement, and/or defensive driving courses
- being between the ages of 50 and 65
- insuring more than one car with the same company
- bundling two or more types of insurance with the same company
- driving less than 7,500 miles a year
- having anti-lock brakes, anti-theft systems, factory-installed airbags, automatic seat belts
- maintaining good grades (high school & college students)
(Please note that these discounts may not be offered by all insurers and may not be available in all states.)
If you can’t find any mentions of discounts displayed on their website, a quick phone call may be your best option – or even visit a physical branch location.
Car Insurance Shopping Made Easy
Shopping for car insurance doesn’t have to be a stressful process. As a member of the State Bar of Texas, you have access to unique savings on home, auto, and renter’s insurance.
Finding the right coverage, at the right price, with the right carrier can be intimidating. That’s why the State Bar of Texas is providing you a single place to explore all your insurance needs. It’s fast. It’s easy. And it puts the power of choice right where it belongs — squarely in your hands.
To learn more, visit the auto and home page today.