What you pay for auto insurance can vary depending on a variety of factors. The car or truck you drive, who in your household is insured to drive it, where you live, the number of miles you drive and your driving record are some of the factors that may determine what you pay.
One way to save is to visit the Johnson and Associates team as we work with dozens of insurance companies to find the best rates for your needs. What else should you do? Here are some tips from the Insurance Information Institute.
Shop Around
Don’t just research one provider. Prices vary from policy to policy and company to company. Call the Johnson and Associates team, so we can do the work for you and provide you with the best quote.
Higher Deductibles Could Mean Lower Premiums
A deductible is what you pay before your insurance policy kicks in. If you choose a higher deductible, you may lower your costs. However, it’s wise to make sure you have money saved to pay your deductible if you file a claim.
Reduce Coverage on Older Cars
If you have an older vehicle, you may benefit from reviewing your coverage to be sure that you have the proper coverage for your needs. Depending on the value of your vehicle, you may be able to drop collision or comprehensive coverage, which could save you money.
Buy Homeowners and Auto Insurance from the Same Company
You may save money or be offered a discount if you purchase your auto and homeowners insurance policies with the same company. Many companies offer bundling options for customers with two or more types of insurance or for those with multiple vehicles to insure.
Seek Out Other Discounts
Many companies offer other discounts, including those for no recent accidents or traffic violations, if the driver has taken a defensive driving course, for good grades of young drivers on the same policy and other reason. Don’t forget to ask if you qualify for additional discounts.
For more on these and other tips, visit iii.org.
To start saving money on your auto insurance policy, call our knowledgeable staff at 336-226-8595 or visit our website at johnsonandassociatesinc.com.