C and Kent Insurance Blog

Your teenager is busting at the seams to get their license and drive your car, but what now? With all the other worries on your mind, you now have to figure out how to save money on your auto insurance because you know that when your teenager gets their driver license your premiums are going to go up as well as your stress level. Before going into extreme over load or full panic mode, stop! Look at your options. Where can you start?

Make the Child Wait

This is easier said than done, but it is worth it in the long run. By making the child wait, you will be accomplishing two things; you will have more time to drill into your child’s brain that cars are big and capable of having a lot of power. Teenagers are more likely to have an auto accident at 16 than at 18 . Premiums may be better at 18 years old than 16. Driving courses may help lower the premium for your child as well. If your child already has their license, consider excluding him or her from your policy. Check with your insurance agent. By doing that you will be accomplishing a few things that are not only beneficial to you but to your child as well.

Driving Courses

Some companies offer discounts for drivers who have completed an approved training course. It will especially help with your child and folks over 55. Not only are these courses helpful for insurance discounts, although it might be a small discount, but it will help the 16 year old learn how to drive a little more responsibly.

Before You Buy a Car, Compare Insurance Costs

Buying a new vehicle can cost more in insurance or the purchaser may break even. Most insurance companies will offer discounted auto insurance quotes for anti-theft devices, safety features and over all repair costs. If the purchaser pays for the vehicle up front, that will help eliminate the need for full-coverage on a financed auto. So if your licensed teen wants a car of their own, or it would be more beneficial in helping to keep mileage down, a good used vehicle with a great safety record and a low sale price may be what’s in order. For extra help when considering which car to buy, check with the Insurance Institute for Highway Safety; they’re a non-profit organization dedicated to reducing everyday accidents.

Owning an auto insurance is a definite must for all motor vehicle owners in the United States. Despite the fact that car insurance premiums continue to increase each year, there are some ways to help you save money on your existing car insurance. Here are some tips on how to help you save money on your auto insurance now.

Increase Your Deductible Amount

Deductibles are the minimum amount car owners need to pay to their respective car insurance companies before they file a claim or request for a reimbursement. The rule is that the higher you increase the deductible paid, the higher the premium discounts the insurance company will award you. For example, if you are currently paying your insurance company $250 for your deductibles, doubling this amount would immediately cut back anywhere from 15 and 30 percent off of your premium payment.

Enroll in a Defensive Driving Program

Another way to save money on your car insurance is to enroll in a defensive driving program, no matter how long you may have been driving. By presenting a certificate proving that you have completed this course can entitle you as much as 10 percent off from your premium payments.

Renew Your Policy Ahead of Time

Car owners who renew their policies well ahead in advance before their insurance policy expires are considered by insurance companies as responsible car owners, and are treated to an “early renewal” premium discount which averages around 12 percent. Apart from this, you are able to avoid running the risk of the policy lapsing before it is renewed, which can eventually lead you to be given a higher premium payment rate the next time you need to renew your car insurance policy.

Do Well in School

If you are currently pursuing further education such as a Master’s Degree, you can actually save money on your car insurance with the grades that you get. Many car insurance companies give out what they call a 15% Good Grade Discount for car owners who are currently enrolled in school and are able to maintain a GPA of at least 3.0.

Combine Your Insurance

Instead of getting a separate insurance for your home and your motor vehicle, check with your insurance company if they provide home and car combination insurance policies. This way, you will be able to provide coverage for both your car and your home by just paying one premium payment instead of two.

Auto insurance is one of those things that must be taken into consideration, if you want to get a good deal and the best coverage. There are things that one can do in order to save money on their auto insurance. Just by taking the time to shop around, you can get an amazing deal. There are other steps that you should take as well, in order to get exactly what you are looking for.

When you buy auto insurance, you are not just buying one simple coverage. You are going to be buying many different kinds of coverage for one set price for the length of your contract. It is important to remember that some state require certain types of coverage while another will not. If your car is financed, you will be required to carry full coverage until the vehicle is payed for.

Doing comparison shopping for your auto insurance is going to help you tremendously. You can get this done by simply using the Internet. Many companies such as Progressive do the comparison for you. All you do is simply enter your information into very easy to use forms and then await the arrival of your results. By doing these steps, you can tons of information on the policies, prices and lengths of contracts being offered to you. In some instances, it may be cheaper for you to pay the full six months in advance.

If you do not have Internet access, you can of course do the old fashioned way of getting quotes. Pick up your phone and give 3 or 4 different insurance companies a call to see what they are going to be offering you. Either way you decide to do it, you should be able to get enough information to help you make your choice.

Of course shopping for auto insurance is the number one way to get the best deal, but there are other ways to get the best insurance coverage. Insurance companies offer discounts to their customers and it would be a good idea to take advantage of as many of those as you can. If want to get the lowest rate possible, maintaining a good driving record is the best way.

Auto insurance can be one of the most expensive things that you have to pay for, but it is also one of the most important. Be careful, take your time and choose the best coverage for your auto needs and you could be driving with some of the best insurance coverage there is.