As we all know, everything is becoming more and more expensive! You are probably wondering what you can do to lower some of your daily expenses, but finding where to start can be tricky. While eliminating your auto insurance altogether is not possible, lowering your cost is! Follow along to see what you can do today!
Getting Older Can Lower Your Insurance
Are you approaching the age of 25? Do you have a clean driving record? You may qualify for lower auto insurance! Typically, the older you get and more experienced you become while driving, insurance companies charge a lower premium. Experienced drivers are less likely to be involved in accidents and seen as less risky for insurers.
Improving Your Credit Score Can Save on Insurance Premium
Your car insurance premium is based on multiple factors, including your credit score. The higher your credit score, the more financially responsible you are perceived to be by insurers. Insurers have found that individuals with lower credit scores file more claims, costing the insurance company more money. Credit-based insurance rates are based on factors such as credit mix, outstanding debt, payment history, and the length of your credit history.
Look For Discounts For Insurance
Were you or are you currently serving in the military? Are you a college student with straight As? Do you drive a green vehicle? Are you starting your own policy with your parents’ insurer? If the answer to any of these questions are yes, your provider may have a special discount or program for you. Ask your provider if they offer any that could apply to you!
Changes You Can Make to Lower Your Auto Insurance
While getting older and improving your credit can take some time, and not everyone can qualify for special discount programs, there are plenty of other ways you could lower your auto insurance.
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Complete a defensive driving course to learn how to navigate driving through emergency situations, road rage, and/or stress.
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Reduce your mileage, as less driving means less risk of an accident and wear and tear on your vehicle. There is a lesser chance of filing a claim when your vehicle is in its best shape.
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Consider a Usage-Based Insurance that utilizes telematics to track driving habits and mileage so insurers can reward your safe driving with a lower premium. Learn how telematics can lower your insurance premiums.
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Drive better and make smart decisions – risking an accident or driving under the influence is no good for your insurance premium!
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Consider an insurance-friendly vehicle and its features to lower your auto insurance. For example, family vehicles cost less as the driver may be more cautious, and overtime as car’s value depreciates, older cars are also less expensive to insure. Features such as blind-spot protection, airbags, collision warnings, and adaptive headlights or cruise control can also help in lowering your auto insurance.
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Bundle your home and life insurance policies with your auto insurance! Bundled customers hold a longer policy life expectancy over customers with only one policy. You may also qualify for discounts as a loyal customer.
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Reduce your coverage (i.e dropping collision) if the cost is not worth the potential payout from your insurance company.
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Pay a higher deductible to lower your auto insurance premium if you are willing to pay higher out-of-pocket costs when something happens.
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Pay in full and set up auto-pay to avoid unnecessary monthly installment and late fees.
Contact Strickler To Learn Your Options For Lower Auto Insurance
At Strickler Insurance, we serve clients in Pennsylvania and surrounding areas. We are located in Lebanon, PA and love to work with people looking for quality coverage at affordable prices. We provide a wide variety of insurance coverage, including the most common personal insurances like Home Insurance, Life insurance, and Car insurance. Contact us for consultation services or request a quote online today!
