Five Questions and Five Answers equal One Big Saving on your Auto Insurance Rates

Am I carrying the right type of coverage?

You must always carry the minimum level of mandatory auto insurance coverage required for the state that you live in. However, you probably won’t need comprehensive insurance or collision coverage if you own an old or inexpensive car. Dropping these add-ons from an existing policy can save hundreds of dollars each year.

Why should the personal information held by my auto insurance company be up-to-date?

If you have moved, become a homeowner or recently got married, you may be eligible for further discounts. You may now be living in an area with lower crime rates and married motorists enjoy cheaper auto insurance rates than single road users.

Should I consider raising my deductible figure?

Absolutely! Be increasing your deductible figure from $250 to $1,000, motorists can find themselves saving up to 40% on comprehensive and collision costs. Deductible figures should only be raised if a motorist can afford any subsequent payments that might be due after a road traffic accident.

Am I getting all the discounts I’m entitled to?

Talk to your auto insurance carrier and find out what discounts they’ve applied to your policy. If you have a safe driving history, have passed a defensive driving course or have good academic grades, you should have already received a number of reductions.

Can I save money by shopping around?

Yes. A price comparison website such as the one provided by Promiga will give you free access to dozens of online auto insurance quotes and by comparing them on a like-for-like basis, the best possible deal can easily be found.