Nearly everyone is having to deal with the money strain right now – most of all, those with families. People are pinching pennies wherever they can, some even on their home and auto insurance. While there are ways you can save on insurance policies and receive discounts, the answer is NOT to skimp completely on your insurance. It could end up costing you more money that you don’t have.
Some people are actually cancelling their auto insurance policies, but besides breaking the law (if they plan to continue driving, that is), they are making a huge mistake. One small accident on the road could cost them thousands without car insurance.
If you’re interested in keeping your auto insurance but want to trim the fat of it, here are a few tips:
• Ask us about combining your auto policy with other types of insurance you may have with us, like home insurance or teen driver insurance. If you have different coverages at another insurance company, you may be able to save by switching to our company and combining.
• Ask us to make sure your policy is updated. Small things that you may have changed in the last few years could help you lower your premium.
• Increase your deductible.
• Have us look into any discounts you may be eligible for, such as good student discounts, safe driver discounts, loyal customer discounts, retirement discounts, and safety feature discounts.
• Clean up your credit report. It factors into whether a company is willing to insure you, and at what rate.
Auto insurance is never something to abandon, even in hard financial times. It’s a friend rather than an enemy. Remember that your vehicle gets you from A to B and everywhere in between; it’s important to protect it, yourself, other drivers, and your finances.
Clinard Insurance is an independent insurance agency in Winston-Salem, North Carolina. To learn more about auto insurance, contact them today.
Comments(0)