You CAN Save Money on Auto Insurance — Here’s How

Household bills can quickly add up, but there are ways to save money on these necessary expenses. Auto insurance is recommended for anyone who drives a vehicle, as it will protect you financially if an accident does occur. Not all insurance policies or providers are the same, and you should be able to customize your plan and choose NC auto insurance to suit your unique circumstances.

If you need a new auto insurance policy or want to get a better deal on an existing one, now is the time to make the switch. With competitive rates and discounts, you could end up with more money in your pocket at the end of each month.

Understand Your Driving Behavior

Before you apply for an auto insurance policy, you should understand your driving behavior. For example, do you drive to work every day, or do you utilize public transport? If you drive your car infrequently, you may be better suited to an auto insurance plan that is based on mileage rather than a flat rate.

If you are away due to military commitments or keep your car in storage for other reasons, you could save up to 60 percent by insuring an unused vehicle. When your driving behavior is different from the norm, it is worth investigating if a reduced rate is possible.

Take Advantage of Discounts

There may be other discounts available through your preferred insurance provider. For example, USAA offers reduced rates for military personnel. Alternatively, if you have a child who has recently started driving, you may be entitled to a family discount.

You can usually combine insurance packages to receive a special deal. You could choose a multi-vehicle policy, or auto and home insurance through the same insurance provider. Sometimes you will be rewarded for your loyalty, with extra benefits or savings implemented over time.

Participate in Skills Training

While accidents can happen to anyone, skilled drivers are at low risk. When you choose a reputable auto insurance company you should be rewarded for safe driving. For example, this could be a reduction in fees after five years without any claims. In addition, you may be able to save money on your premiums when you participate in defensive driving courses.

Young drivers under the age of 21 can participate in driver training and maintain good grades to save money on insurance.

Compare Providers

It can be easy to become complacent and stick with an insurance company that isn’t right for you. However, it is surprisingly easy to change providers, and the long-term savings could be well worth it.

When choosing a policy, you should make sure it is through a reliable company with a simple claims process. You can compare providers and plans side by side to ensure you get the best deal for your circumstances.

Saving Money Is Possible

You can save money on auto insurance when you select a customized policy. When you compare plans based on your unique situation, you could see reduced fees.

If you keep your car in storage, only travel short distances or have a combined policy, you could be missing out on benefits by staying with your existing provider. Some insurance providers offer additional discounts for families, veterans and military personnel, and it can be worthwhile taking the time to switch.

During these uncertain economic times, the right insurance policy could leave you with more money for other things.