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A few ways you can lower your auto insurance rates

Feel like you’re overpaying for car insurance? There is a chance you are. But we have some tips that can help you save. Here are some common factors leading to higher auto insurance premiums and what you can do to help reduce their impact:

Keep a clean driving record:

Driving carefully and obeying the rules of the road is the easiest and most effective way to bring down car insurance costs. Car insurance companies like to see a consistent car accident-free, conviction-free track record. Remember, car accidents can affect your premiums for six years or more. Pay attention to road conditions before you hit the road and always be alert when you’re behind the wheel.

Choose your vehicle wisely:

Love the look of that sweet ride? Thieves might too! If you buy a car with a high theft rate or one that’s expensive to repair, your premium can be higher. Reading consumer reports, and checking with your car insurance company can help you find out which cars are harder on the wallet. Installing an anti-theft device in your car can also affect premiums. Be sure any anti-theft device is approved by your insurance provider and installed properly.

Always ask about special discounts:

As you shop around for different car insurance rates, be sure to ask about any special discounts, you might be surprised. You can get discounts for winter tires, anti-theft devices, good academic standing in school, multi vehicle discounts, insurance bundle discounts, good driving discounts, and various others.

Ask for higher deductibles:

Deductibles are what you pay before your insurance policy kicks in. By requesting higher deductibles, you can lower your costs substantially. For example, increasing your deductible from $200 to $500 could reduce your collision and comprehensive coverage cost by 15 to 30 percent. Make sure you have enough money set aside to pay your deductible if you have a claim.

Buy your home and auto insurance from the same provider:

Many insurers will give you a break if you buy two or more types of insurance. You may also get a reduction if you have more than one vehicle insured with the same company. Some insurers reduce the rates for long-time customers. But it still makes sense to shop around! You may save money buying from different insurance companies, compared with a multi policy discount.

These are just a few ways that you can lower your auto insurance rates. Using the brokers at Schwegel Insurance is also another way you can save big on auto insurance because we will shop through our trusted network of lenders to find you the right policies that fit your budget and coverage needs. For more information about Schwegel Insurance, please feel free to continue browsing through our website. We can also be reached at (519) 576-2020 or by filling out our contact form.

A few ways you can lower your auto insurance rates

Feel like you’re overpaying for car insurance? There is a chance you are. But we have some tips that can help you save. Here are some common factors leading to higher auto insurance premiums and what you can do to help reduce their impact:

Keep a clean driving record:

Driving carefully and obeying the rules of the road is the easiest and most effective way to bring down car insurance costs. Car insurance companies like to see a consistent car accident-free, conviction-free track record. Remember, car accidents can affect your premiums for six years or more. Pay attention to road conditions before you hit the road and always be alert when you’re behind the wheel.

Choose your vehicle wisely:

Love the look of that sweet ride? Thieves might too! If you buy a car with a high theft rate or one that’s expensive to repair, your premium can be higher. Reading consumer reports, and checking with your car insurance company can help you find out which cars are harder on the wallet. Installing an anti-theft device in your car can also affect premiums. Be sure any anti-theft device is approved by your insurance provider and installed properly.

Always ask about special discounts:

As you shop around for different car insurance rates, be sure to ask about any special discounts, you might be surprised. You can get discounts for winter tires, anti-theft devices, good academic standing in school, multi vehicle discounts, insurance bundle discounts, good driving discounts, and various others.

Ask for higher deductibles:

Deductibles are what you pay before your insurance policy kicks in. By requesting higher deductibles, you can lower your costs substantially. For example, increasing your deductible from $200 to $500 could reduce your collision and comprehensive coverage cost by 15 to 30 percent. Make sure you have enough money set aside to pay your deductible if you have a claim.

Buy your home and auto insurance from the same provider:

Many insurers will give you a break if you buy two or more types of insurance. You may also get a reduction if you have more than one vehicle insured with the same company. Some insurers reduce the rates for long-time customers. But it still makes sense to shop around! You may save money buying from different insurance companies, compared with a multi policy discount.

These are just a few ways that you can lower your auto insurance rates. Using the brokers at Schwegel Insurance is also another way you can save big on auto insurance because we will shop through our trusted network of lenders to find you the right policies that fit your budget and coverage needs. For more information about Schwegel Insurance, please feel free to continue browsing through our website. We can also be reached at (519) 576-2020 or by filling out our contact form.