A number of consumers may be wondering how to qualify for cheaper car insurance rates. One of the best strategies for doing so is available to all drivers: maintain a clean driving record. Buyers who have been licensed for a few years and who have been able to stay accident and moving violation-free are considered to be relatively low risk for car insurance purposes and can qualify for lower rates on their coverage.
Reviewing the existing coverage to eliminate any extras is another effective strategy for consumers looking for the best prices on their car insurance. Drivers should pull out the existing policy to look for any extras; these provisions add to the cost of coverage. A no-frills policy will be less expensive, but consumers need to be aware that this option may not provide enough protection if they live in a tort state and are responsible for paying for damages they cause in an at-fault accident.
Increasing the policy deductible is an effective way to get cheaper car insurance rates. When customers pay a higher amount toward the cost of claims personally, the insurance company is able to offer lower premium rates.
Shopping around is another effective way to keep car insurance costs down. Rates for the same type and level of protection can vary significantly between providers – even for the same type and level of coverage. Before buying or renewing a policy, make a point of getting quotes from several insurance companies.