{"id":725,"date":"2018-02-22T17:59:47","date_gmt":"2018-02-22T21:59:47","guid":{"rendered":"https:\/\/www.protectiveagency.com\/blog\/?p=725"},"modified":"2024-02-25T21:13:40","modified_gmt":"2024-02-26T01:13:40","slug":"top-5-ways-get-cheap-car-insurance","status":"publish","type":"post","link":"https:\/\/www.protectiveagency.com\/blog\/top-5-ways-get-cheap-car-insurance\/","title":{"rendered":"Top 5 Ways to Get Cheap Car Insurance"},"content":{"rendered":"

Everyone wants to lower their bills and reducing your auto insurance premium is a great place to begin. Watching the television would have you believe that all it takes is a quick phone call or a visit to the internet to save hundreds of dollars. But with a little homework, you may be able to lower your premium without sacrificing coverage.<\/p>\n

It is essential to understand that cheap insurance may not be the right insurance for you or your family\u2019s needs. Aim to obtain good coverage that fits within your budget. Doing so will make your wallet happy today and prevent any surprises later if you are involved in an accident. Here are five ways to start saving money today.<\/p>\n

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Be Loyal<\/strong><\/h2>\n

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Loyalty means different things to different people. For insurance companies, loyalty equals profit. As in most industries, the cost to acquire new customers dramatically outweighs the cost of retaining a customer.<\/p>\n

Use this to your advantage when contacting your insurance agent<\/a>. Although the length of time you have stayed with a single insurer is a consideration, so too is on time payments and a relatively good driving record. Asking for a loyalty discount is often the quickest way to reduce your premium.<\/p>\n

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Age Gracefully<\/strong><\/h2>\n

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Your age is an underlying factor in calculating your insurance premium. It\u2019s common to see a significant premium reduction when reaching the age of 25. Some insurers may even provide discounts for ages under 25 at regular intervals such as 18, 21, or 23.<\/p>\n

Older drivers can also benefit from potential discounts. If you are retired and over the age of 55, there are insurance companies offering a retiree discount. Retirees typically spend fewer miles on the road, reducing the exposure to the insurer.<\/p>\n

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Get Educated<\/strong><\/h2>\n

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If you are a student, getting and maintaining good grades is a surefire way to obtain a discount. Whether in high school or college, a good grade discount may be just enough incentive to keep hitting the books.<\/p>\n

For those who have graduated from high school, college, or both, consider taking driving courses. Ask your insurance agent<\/a> if there are driving courses in your area that may apply toward a policy discount. Obtaining a discount would be a bonus as the skills learned could be lifesaving.<\/p>\n

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Purchase the Right Coverage<\/strong><\/h2>\n

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The fastest way to reduce your premium is to carry the State required minimum limits. Unless absolutely necessary, this approach is a recipe for financial disaster. Instead, review your policy\u2019s coverage terms and deductibles to build a solution that fits your needs.<\/p>\n