There are several ways to make car insurance cheaper. Here are some tips and ideas:
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Shop around: Prices vary from company to company, so it pays to compare rates from several auto insurance companies.
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Take advantage of discounts: Many insurers offer discounts for features that reduce the risk of injuries or theft, such as multi-car discounts, good driving discounts, and bundling home and auto insurance.
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Raise your deductibles: Another easy way to reduce car insurance costs is by raising your car insurance deductible.
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Reduce coverage on older cars: Consider dropping collision and/or comprehensive coverages on older cars. If your car is worth less than 10 times the premium, purchasing the coverage may not be cost-effective.
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Drive a lower-risk car: Some vehicles are cheaper to insure than others. For example, a truck is 3% cheaper to insure than a sedan, on average. Some insurers offer discounts if you buy a hybrid or an alternative fuel vehicle.
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Maintain a safe driving record: Maintaining a clean driving record is key to getting lower car insurance rates.
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Drive fewer miles: Your annual mileage is a factor that can influence your car insurance rates because the more you’re on the road, the more likely it is that you’ll be in an accident. If you only drive for leisure, you’re likely to pay less.
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Improve your credit score: Your credit history can also affect your car insurance rates. A higher credit score can lead to lower rates.
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Review your coverage at renewal time: Review your coverage at renewal time to make sure your insurance needs haven’t changed.
By following these tips, you can reduce your car insurance costs and get the best deal possible for your policy.