Choosing Insurance Doesn't Have To Be Stressful

Paying Less For Auto Insurance: How To Pay Less And Keep Coverage

You must have auto insurance in order to drive your vehicle, but you don't have to pay a large amount of money every month to have coverage. There are ways you can pay less for your auto insurance without sacrificing coverage. Here are a few ways you can do it.

Reevaluate your current insurance

If you have been with the same auto insurance company for several months or years, it's time to reevaluate your service. You may be on a grandfathered plan that charges you more for the same services new customers are currently getting under a redesigned plan. You may also have certain life changes, such as marriage, moving, and even age of your vehicles, that should be factored into your policy for the most optimum rate. Sit down with your insurance agent and be open about what you want. You want cheaper coverage, and reevaluating your policy every 6 months can help you get what you want.

Shop around

Don't just go online and view the possible rates of competing auto insurance companies and jump on board with someone new. Instead, take your research straight to your agent. If your current auto insurance company sees that you are serious enough about getting cheaper rates that you would go to a competitor, they may be willing to revamp your current policy to better match your financial needs. When discussing rates from competitors with your insurance company, be firm about wanting to stay with your current company while still receiving a more budget-friendly rate that you could get somewhere else. Showing your loyalty is more likely to get you cooperation than a, "Give me a better rate or I'm gone," attitude will.

Get the most for what you pay

In some cases, it's not feasible to pay less for your auto insurance, but that doesn't mean you can't get better coverage for what you do pay. Ask your auto insurance company if you can have the following added to your policy without increasing your rates:

  • lower deductibles for comprehensive
  • free towing services
  • higher medical coverage
  • free windshield replacement

If you are a loyal customer to your auto insurance company and have been faithfully paying for your services without issue, you can be rewarded with coverage perks just by asking.

You can get low cost auto insurance by reevaluating your current plan, checking out the rates of competitors, or simply asking for additional perks without paying extra. Your agent will work with you so you can have the optimum coverage possible.