Are you struggling to save money on your monthly car insurance premium? Do you want to find out how to get cheaper car insurance?
Then read on!
Car insurance is one of the biggest expenses that motorists have to worry about. It’s also a big financial risk for many people, so it’s important to be able to find the most affordable car insurance options available with the proper coverages.
The good news is that there are plenty of ways you can save money on your car insurance premiums and below are some tips:
1. Shop around with multiple companies until you find a rate that fits your budget and your driving habits. You can request a quote from us right HERE to add to your comparison list.
2. If possible, purchase a policy from an insurer who offers discounts for safe driving behaviour such as not being involved in any accidents over a 6 year window or not having more than two speeding tickets in a 3 year window. We offer both of those discounts.
3. Don’t drive without insurance! Any claims while unprotected would affect you personally and you may be unable to withstand the financial impact. Any future insurance policies would also take this into account and impact your monthly premiums negatively.
4. Check your credit report before buying a car. If you’re not sure, ask your bank or other creditors to see if they have any information about your credit history. If they do, make sure that it’s accurate and current. Your insurance score is often somewhat related to your credit score.
5. If at all possible, make sure you are insuring at least two cars on the same policy. This can trigger additional discounts for multi-vehicles.
6. Finally, make sure you are requesting regular reviews from your agent or broker—you may find yourself missing out on discounts and therefore paying more than necessary.
If your renewal is due this month or next, click HERE to complete the quote request and see if we can get you the right coverage at the best price.