Sherzer Insurance Blog
With the rate of advancement in the auto world, the price of owning a vehicle is on a steady increase across the world, which is, in turn, leading to a rise in insurance costs. Auto insurance is not a fixed cost, which means there are specific measures you can take that can significantly lower your vehicle insurance rate. Here are some ideas on how to go about lowering your auto insurance rate:
Extra Care When Driving Reduces Costs
Being a safe driver will help in reducing costs. When driving, it is advisable to get rid of any form of potential distraction, so you do not lose concentration when driving. The more careful you are, the more violations and accidents you are going to prevent from happening. Insurance companies usually offer safe drivers about 10% - 23% discounts based on their presented driving record.
Insurance companies typically calculate points of a driver for traffic violations or accidents. The more points you have, the more your insurance cost will be.
Defensive Driving Lessons
In some cases, the insurance company can provide a discount for individuals who have undergone defensive driving lessons. Drivers are most likely able to reduce their points by undergoing courses related to accident prevention, defensive driving, or any other class.
Endeavor to clear it with your insurance company about the discount rates about this course before signing up for classes. It is also essential that the driver signs up for the actual class to be able to enjoy significant insurance savings. Each state has its standards about licensed defensive driving classes, so it is wise to check beforehand.
Make Use Of Mass Transit
During the process of signing up with an insurance company, one of the questions you might be asked is the mileage history of your car. The more miles you cover with your vehicle yearly, the more points you are most likely going to acquire. Which, in turn, leads to a higher insurance premium.
If you can, make use of mass transit to be able to reduce your mileage history so you can incur discounts from the insurance company. Inquire from your insurance agent about the different mileage thresholds of the company to be able to maximize this discount.
Bigger Vehicles Cost More
Purchasing a big car sounds like an exciting idea, but when it comes down to insurance of a small vehicle and a 5,000-pound car, the difference is clear. In some cases, the insurance company may offer discounts for automobiles that are hybrid or consist of an alternative fueling method.
Before purchasing a new car, find out about the exact rates for insurance of the vehicle so you can plan your budget accordingly.
At Sherzer Insurance Agency, we do our best to make sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (239) 673-9301 or Click Here to request a free quote.