Giveaway Monkey

Top 5 Tips to Save Money on Your Car Insurance

Sponsored Post

When it comes to your family’s finances, auto insurance premiums often represent a significant portion of your expenses. Doing everything you can to reduce your premium rates makes good financial sense. However, not all ways are created equal. For instance, letting your policy lapse is a terrible idea. All states except Mississippi, New Hampshire, and Virginia require you to carry minimum auto insurance in order to drive legally. There are a number of better and far less risky ways to save money on your auto insurance. Here are the top 5 tips.

1. Shop Around

Check your policy to see what coverages you have. Comparison shop to see if other auto insurance companies offer the same coverages at a lesser price. But before switching companies, call your current company, tell them you’ve found a better deal, and ask if they’ll match the other company’s rates.

2. Get the Discounts You’re Entitled To

Most insurance companies offer several kinds of discounts. Tell your insurer about your car’s safety equipment like automatic seat belts, driver and passenger side airbags, anti-lock braking system (ABS), anti-theft device, etc., and ask how many of these entitle you to a discount.

Tell your insurer about each driver’s clean driving record. If none of you has ever been convicted of a traffic violation, you and your family have earned the right to discounts because of your sterling driving records.

If your teenage drivers have taken driver education courses and/or are on the honor roll at school, they’ve earned your family additional discounts. If you and/or your spouse is 50 years old or older, most insurance companies offer senior discounts. They often offer an additional discount for older drivers who take a state-approved defensive driving course geared toward seniors.

If you currently have your life insurance, homeowners insurance, and auto insurance with different companies, consider having a single company provide all your insurance. Such bundling generally results in premium discounts for each of your policies.

Consider paying your premiums annually or semiannually. Monthly payments are the most expensive payment method. And however you pay premiums, be sure to pay them on time. Consistent on-time payments often entitle you to a discount.

3. Be Judicious About Filing Claims

The more claims you make, the higher your insurance premiums will be. Naturally, you need to call your insurer if you are in an accident that results in serious injury or death, but think twice before filing a claim for such things as a cracked windshield or other minor accident damage. Property damage claims for less than $1,000 can raise your rates by as much as 18 percent.

4. Add New Drivers to Your Policy Immediately

Insurers are entitled to know who they’re insuring. Don’t neglect to contact your company right away whenever you allow a new person to start driving your car. For instance, if you live in the Raleigh, NC, area, call your local insurance agent as soon as your teenager becomes licensed to drive.

5. Avoid Reckless Decisions

Just because you’re a good person doesn’t mean you need to be recklessly kind. For your own protection, never do any of the following:

  • Sell your car to someone but continue to pay for its insurance
  • Let your child take your car when he or she moves away from home
  • Lend your car to a friend except in a dire emergency, and then only for a very short period
  • Use your car for delivery purposes

If your car is damaged for whatever reason, you may sell damaged car today.

Always tell your insurance company when you buy or sell a car. You may get a new car discount and your old car needs to come off your policy as soon as possible. Keeping your insurance rates in check is one of the best things you can do for your family’s finances.

Disclosure: This is a sponsored post. Regardless, all opinions are honest and my own. You can click here to read our full disclaimer.


  1. 메이저 안전놀이터 정보가 필요할때는 토토커뮤니티 을 찾으시면 됩니다. 토토사이트 스포츠토토사이트 토토인생은 회원님들의 안전을 위해 먹튀검증 및 실시간으로 모니터링 하고 있으며 분쟁및 문제가 생겼을 경우에 바로 도움을 드리고 있습니다.

  2. 이런 작업을 거치지 않는 가짜 에이전시나 가짜 검증 업체에 속아 불미스러운 일을 당하더라도 아무도 여러분의 손실을 책임지지 않습니다.

  3. El primer paso para asociarse con el equipo legal experto de Abogados de Accidentes Ahora es ponerte en contacto con nosotros a través de teléfono, correo electrónico, o formulario de contacto. Independientemente de la forma que elijas contactarnos, estamos listos para conocer tu caso de lesiones personales con una consulta gratuita.

  4. Tyson says:

    I’m impressed, I must say. Seldom do I come across a blog that’s both equally
    educative and entertaining, and let me tell you, you have hit the nail on the head.
    The issue is something too few men and women are speaking intelligently about.

    Now i’m very happy that I came across this during my search
    for something concerning this.

  5. Twyla says:

    I have been surfing on-line more than 3 hours today,
    but I never found any fascinating article like yours. It’s lovely value enough for me.
    Personally, if all web owners and bloggers made good content as you did, the web can be much more useful than ever before.

  6. Deneen says:

    I love what you guys are usually up too. This kind of clever
    work and exposure! Keep up the fantastic works guys I’ve included
    you guys to my blogroll.

  7. cash for junk cars panama city fl

  8. places that take junk cars for money near me

Leave a Reply

Get Free Stuff Online  ► Fashion Giveaways  ► Blog Giveaways 2024  ► Travel Giveaways  ► Beauty Sweepstakes


Get updates on all the latest giveaways online and more by subscribing below!
  • 5,400 PINTEREST
  • 3332 YOUTUBE
  • 0 GOOGLE+

Got A Giveaway You Want To Promote?