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For those who drive, car insurance can often be one of the biggest expenses to cover, second only to the cost of purchasing the car itself. However, the good news is that there are several often surprising things that you can do to drive the cost of your auto insurance policy down while remaining legally covered on the road.
Whether you have just purchased a new car and want to make sure that the insurance is as cheap as possible or want to cut costs on what you are currently paying, here are some options to consider.
Select Your Car Carefully
If you’re in the process of buying a new car, consider the make and model that you choose in terms of how much it will cost to insure.
Some cars will naturally cost more to insure than others, so do your research and opt for one that’s on the cheaper end of the scale.
Cars that are newer with many safety features tend to get the best prices on insurance policies since they are designed to minimize the risk of collisions.
Some insurance companies provide policies for those in certain groups, such as drivers within a certain age range and drivers who work certain jobs.
If you are over the age of 50, you may be able to save money by opting for car insurance designed for the over-50’s from The Hartford, who provide exclusive members-only car insurance options and pricing.
To see if this is the right option for you, check out these AARP auto insurance reviews, which can give you a greater insight into what they offer and how it could benefit you.
A Dashcam Could Lower Car Insurance Premiums
Having a dashcam fitted in your car can help to drive down the cost of your insurance policy.
Dashcams record everything that is going on around you as you drive, and you can have them installed at both the front and back of your vehicle to cover a wider area.
Insurance companies are often willing to provide you with cheaper quotes if you have a dashcam fitted since it allows for substantial evidence in the event of a collision.
Drive Less and Get Cheap Car Insurance
The more miles you cover each year, the pricier your collision insurance coverage is going to be.
If you have the option to drive less, it’s worth considering as the amount you will pay for other means of transport could still be less than the amount you’ll save by putting a lower mileage amount on your car insurance policy.
If you have the option to take public transport or even walk to work, it’s certainly worth considering the cost savings.
Multi Car Insurance
If you live in a multi-car household, it’s worth considering saving money by opting for a multi-car insurance policy.
These policies allow you to cover all cars in your household for one single payment and can often work out much cheaper than insuring each vehicle in your family separately. They are ideal for anybody who has a spouse or children with their own cars at home.
Saving money on your car insurance policy could be easier than you think. Good luck!
Krystle Cook – the creator of Home Jobs by MOM – put her psychology degree on a shelf and dived into a pile of diapers and dishes instead. She is a wife and mother to two rambunctious boys, sweating it out in her Texas hometown. She loves cooking, DIY home projects, and family fun activities.
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