1. Make comparisons:
I agree it takes a lot of time hopping from one insurance provider to another asking for quotes, but that is the only solution to get automobile insurance at a cheaper rate. Different carriers offer different insurance rates. In order to ease the task, you can contact an independent agent who deals with different carriers. A better option is to use an online comparison site. They give you the entire rate chart from different carriers based on a few details from you. This way you can find the cheapest company in terms of the coverage.
2. Check for discounts:
Auto insurance companies do offer grand discounts on their policies; the only problem is that many don’t advertise them upfront. These discounts are clubbed under different categories such as membership discounts, employee discounts, student discounts, homeowner discounts or when you pay in full. So, after you have shortlisted a few auto insurance companies, you can do a search on the varied types of discounts each offers and the one’s you are eligible for. This way you will be able to get your auto insurance cheaper.
3. How about some bargaining:
Auto insurance is never up for sale in the literal sense of the term, but then you can always bargain. There are many companies offering insurance services and therefore a few don’t mind bringing down their price further to rope in a few additional customers. Call up their support desk and ask about the possibility.
4. Bundle you policies:
Today, we have insurance for property, automobiles, health and life. If you buy each from a different carrier, you end up paying more. Therefore, you can bundle your policies by buying them all from the same company. This way you can maximize your savings by way of discounts.
5. Avoid paying additional fees:
The first thing you can do is avoid paying monthly payments as they entail higher rates of interest. You should opt for a full payment up front. You can also have the money debited directly from your bank account. This way you will not have to pay additional fees by way of processing and paperwork. Also, make sure you pay in time to avoid penalties.
6. A clean driving record:
Drivers with a clean driving record automatically have better chances of getting cheap auto insurance than others. You can earn this through simple actions such as wearing your seat belt, parking in the right places and not talking on the cell phone whole driving. Not only this, you can think about the number of people you can add on your policy.