Auto insurance is mandatory for anyone who drives a vehicle on any US public road. Driving without insurance can lead to severe and expensive penalties. The problem for many is the expense of auto coverage. Did you know there was a simple, and I mean simple way to lower your monthly premium? There is a simple trick any motorist can use that will reduce your monthly premium by at minimum 30% If you’re willing to do just a few small things, you can save up to 40% every month.
Let’s begin with the small, but important, things that you can do to increase your savings.
Set up an auto-pay program to have your monthly premium taken out of your bank account. This will save your company the time and expense of printing, mailing and processing a bill. They will also be able to pass on most of the savings to them in the form a lower monthly premium.
Your monthly premium will be largely determined by how many miles you drive to work every month in rush hour traffic. Carpooling can be a great way to reduce the commute time and your monthly premium.
If you have the funds to do so, an increase in your deductible can reduce your monthly auto premium. Be honest about what you can afford for a deductible. If you have a claim, you will need to pay your deductible from your own pocket before your company will cover the rest. Do not promise to pay more than you are able to afford.
What is the Big Secret to instantly save 30% on your auto insurance? It is something your broker will never tell you about, and it is also the easiest thing you can do.
You can purchase your auto insurance online. Although it may sound simple, there are some very good reasons to do this.
Online brokers don’t have to pay overhead. They don’t have overhead to pay and can offer policies at wholesale prices every day of the week while still making a profit.
There is a lot of competition online. You know what competition is: Low, low prices. Online brokers can only stay competitive in a market with lots of competition if they keep their prices as low and as possible.
All of this means that you are the winner once again! Finally, you are in the right place at right time. You can save tons of money month after month and still get the same coverage as before.
There’s more! You can purchase your policy online from your home. There’s no agent standing by to pressure you into buying items you don’t need or cannot afford. This should be enough to make you want to grab your mouse!
Although I have spent hours searching online for the best insurance deals, I do not want to imply that I am an expert. You can save so much by purchasing your policy online.