Save Money On Cheaper Car Insurance
Car insurance is a necessity
You need it if you want to drive, and you can’t do without it.
But a lot of people don’t realize that they can actually save a ton of money by switching to a better, cheaper, less-expensive option.
Plus, some insurance plans will give you awesome cash-back bonuses, refunds, and discounts if you go without an accident.
And in this post, you’re going to learn how to navigate the process.
Here’s how to save a bunch of money on car insurance by getting better quotes from better companies.
Step 1: Look For Local Car Insurance Companies
If you already have insurance, then odds are good that you haven’t actually checked-in with all of the local insurance companies in your area.
Personally, I like to be able to walk into an office and talk face-to-face with my insurance provider.
But, there are also a lot of online companies that may be able to give you better deals.
Just to demonstrate how much money you can save on insurance when you shop around, consider my experience.
When I first bought my car, I needed full-coverage insurance… and the most expensive company wanted about $150 more per month than the plan I actually purchased.
Some insurance companies are just plain more expensive. And the only way you can protect yourself from these higher fees is by shopping around and getting quotes.
So make a list of eligible local companies (and include some of the most popular online options as well), and get ready to call-around for quotes.
Step 2: Get Quotes
Once you make a list of car insurance companies (try to make a list of at least six different companies), start calling around and getting quotes.
This may take you a few hours, but it’s totally worth it.
Make sure to review what you’re actually getting with your policy. For example… how much is the deductible? What levels of coverage are you getting?
Are you getting any perks, like free towing if you break down?
Are you being offered any discounts, cashback bonuses, rewards, or better good driver rates?
These are all important things to consider. So make sure that you do your homework and really crunch the numbers.
Step 3: Save Money
Once you start getting these quotes, you’ll quickly figure out that there will probably be one or two plans that’ll just blow the others out of the water.
They’ll offer you awesome coverage and better perks at a much better price.
And trust me. Getting the best possible price is worth it.
This is an expense you’ll be paying every month, so it pays to make sure that you’re getting the most value for the lowest, most affordable cost.
Never Drive Without Insurance
Some people make a big mistake in thinking that they can get by without paying for insurance.
They think:
“I just can’t afford it right now. It’s fine. I’ll just drive without it until I get caught up on bills again.”
Unfortunately, this kind of thought process can quickly lead to a legal nightmare.
If you get into an accident, especially if you still owe money for your car, not having insurance may turn out to be a literal financial disaster.
You may end up with a totaled car that you still owe payments on… and that’s just the beginning of your problems.
You may even be held accountable for the medical bills/damage caused to others.
And this will not be a cheap bill!
Never, ever, ever make the mistake of driving without insurance. It’s absolutely not worth it. You will regret it, which is why you should make sure to find and purchase some affordable auto insurance today that actually fits your budget and protects you from financial and legal trouble.
