Tips to Lower Your Auto Insurance
Times are tough right now and many of us are looking for ways to lower our expenses. At Belgium Insurance Group, we welcome you to call and set up an appointment with one of our insurance professionals to review your current policies and coverages. The review will make sure that you are meeting your insurance needs.
Here are a few tips that might help lower your auto insurance:
- Consider raising your deductible. By going from a $250 deductible to a $1,000 deductible, you might see a substantial savings. You can expect the difference to be between 25% – 40%. But, if you raise your deductible, be sure to set aside a portion of these funds to just in case you have a claim.
- Ask about discounts. You would be surprised the different discounts that you might be eligible to receive. For example, Belgium Insurance Group offers discounts to certain affinity groups such as Police, Firefighters, Doctors, Teachers, etc. There are also discounts if you add home or renters insurance. In most instances the additional line of coverage is close to the discount saved. So it is like getting two policies for almost the price of one.
- With Farmers Insurance there is a discount if you enroll in Farmers EasyPay (Farmers automatic checking withdrawal billing system.
- There is also a PAID IN FULL discount. Customers that pay 100% of their Full-Term policy amount receive a discount up to 20%
- On many factory installed auto equipment, your vehicle may be eligible for a discount. Such as Anti-Lock brakes, Anti-Theft devices, Passive Restraints, Electronic Stability Control and even Alternative Fuel vehicles.
- Be mindful of your credit score. Believe it when someone tells you that your credit score can influence your insurance rates. Increasing your credit score can also help lower your auto insurance.
- Don’t let your insurance lapse. If you forget to pay your insurance you could lose discounts and also have to pay a higher premium.
- Low-mileage Discounts may also help lower your auto insurance. If you have a short commute there may be a discount available.
These are just a few of the ways that could help lower your auto insurance. The Insurance Professionals at Belgium Insurance Group, we work on an individual basis with our customers to determine the auto insurance policy that is right for their needs. Also, by simply adding another policy, might also be a huge benefit with a nice discounts.
Advertisement
[...] you have not already done so, there are a few ways to save a little on your insurance as well. Such as raising your deductible or changing the use of your car to “Pleasure Use.” [...]