Cheap Car Insurance: 15 Proven Ways to Lower Your Premiums

Simple Tricks That Actually Make Your Car Insurance Cheaper Every Month

Honestly getting cheap car insurance feels like a full time job sometimes but I have figured out over the years that there are a bunch of stupid simple things you can do that most people just never bother with and then they wonder why their rates keep climbing. First off your credit score matters way more than you think for cheap car insurance because almost every big insurer uses credit based insurance scores which means paying down that personal loan bad credit situation and doing some credit repair services legwork can literally save you hundreds on your six month premium. Another huge factor is your deductible and I know it is scary to bump that number up but going from a five hundred dollar deductible to a thousand dollars can slash your rates overnight just make sure you actually have that cash sitting in savings because you do not want to be scrambling for a personal loan bad credit approval if you get into a fender bender and need the car fixed immediately. You also need to look at what car you are driving because that sporty sedan might look cool but insurers see it as a magnet for speeding tickets and accidents that require a personal injury lawyer and your cheap car insurance dreams go right out the window. Something a lot of people sleep on is usage based programs where they stick a little device in your car or track you through an app and if you drive like a sane human being you get a decent discount which is basically free money for not driving like a maniac. And do not forget about things like paying your premium in full instead of monthly installments because those installment fees add up to a surprising amount over time and every dollar counts when you are trying to get genuinely cheap car insurance that still protects you if the worst happens.

Little Known Discounts That Slash Your Auto Insurance Costs Dramatically

The discount game is where you can really stack up savings on cheap car insurance but you have to ask specifically because your agent is not always going to volunteer every single discount unless you bring it up. If you are a homeowner even if your mortgage is with a different company you can often get a bundling discount when you combine your auto insurance quote with your homeowners insurance quote and sometimes throwing in a life insurance quote or term life insurance policy sweetens the deal even more. Students with good grades can snag a discount and so can people who take defensive driving courses which is also helpful if you have got points on your license and want to avoid needing a DUI lawyer or traffic ticket attorney down the road. Military members and veterans have access to some fantastic cheap car insurance options through USAA and other carriers that cater specifically to service members so if that applies to you do not leave that money on the table. If you work from home now and barely put miles on your car call your insurer and update your annual mileage because low mileage drivers are way less risky and that can drop your premium significantly almost immediately. Retirees and seniors also qualify for reduced rates with some companies and if you are already looking into Medicare supplement plans or Medicare advantage plans you might as well ask your agent about senior discounts on auto policies too. The bottom line is cheap car insurance is not about finding one magical company that is the cheapest for everyone because that unicorn does not exist it is about layering up all these discounts and adjusting your coverage smartly so you end up with a rate that does not make you cringe every time the bill comes due.