Tips For Saving Money On Your Auto Insurance

Dec 19, 2014 by

If you are worried about starting a new auto insurance policy as a new driver, you might want to research some ways to save money. To help you do this, simply take a moment to review some of the following tips for saving money on your automobile insurance policy, even though you are a new or young driver.

Take A Drivers Education Class

Sure, you might think that you already know all that there is to know about driving and the rules of the road, but your opinion of your skills does not matter to the auto insurance company. They like the see that you have not only attended a drivers education course but that you have successfully completed it, such as at Dollar Driving School. Once you have done that, you will be able to submit proof of the completed course to your insurance company and receive a small discount for doing so. The exact amount of your discount will vary depending on the company rules.

Combine Policies

If you have life insurance, home insurance, or renters insurance, you might want to combine those with your automobile insurance. This way, you are bound to get some sort of discounted rate for keeping all of your business with the same company. Again, for the exact details regarding the amount of money that you will save, you will want to ask your insurance company for a breakdown of what they offer.

Pay In Advance

Sure, you could pay your auto insurance each month, but generally, that ends up being a little more expensive than the other available options. For example, some insurance companies will give a slight discount for paying in advance. You can save money by paying for six months’ worth of insurance upfront. If you pay for a year’s worth of insurance upfront, you might save even more money.

Keep Your Credit Score Up

Many people find themselves surprised by the fact that their insurance company takes note of their credit score. The fact is, the better your score, the more likely you will get a better auto insurance rate. This is because the last thing the insurance company wants is a bunch of customers that do not pay on time. The more likely you are to pay them their money on time, the better deal they are more likely to give you.

As you can see, there are multiple ways to make sure that you are saving as much money as possible with your auto insurance policy.

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