Top Five Ways of Choosing Your First Car Insurance
Here are the top five ways of choosing your first car insurance. Yes it’s true that young, first time drivers usually pay more than the average driver because statistically speaking, they’re more susceptible to accidents. But that doesn’t mean you cannot reduce the costs, as there are ways this can be done.
1. Drive a Low Cost Car
Steer clear of fancy sports cars and the latest models, as they’re very expensive to insure. If you are going to choose state to save money and compare all insurance offers in your city remember that secondhand cars and older models will be cheaper,. At the same time avoid car modifications like body kits and alloy wheels as this can increase the premium by hundreds of dollars. It’s very tempting to customize and personalize your car, but you can do that later when you have the money, but for now, just stick with a simple but functional car.
2. Get More Driving Qualifications
If you are going to choose state to save money and compare all insurance offers in your city then consider getting extra qualification like safety driving lessons. This will take a while but showing a driving safety certificate can bring the insurance cost down, often by a substantial margin.
3. Pay Yearly Not Monthly
With the cost of car insurance in the US averaging over a thousand dollars a year, it’s tempting to pay monthly. But if you can afford it, making the payment in one go is ideal as it often entitles you to a discount and can save you quite a bit in monthly charges. While you’re at it, consider paying greater voluntary excess because this can reduce the cost of your insurance.
4. Reduce Risk and Increase Security
As you choose state to save money and compare all insurance offers in your city consider adding extra security features for your car such as an immobilizer or car security alarm. You’ll be paying extra but consider this as an investment. You not only provide additional protection for your car but it will also reduce the cost of the insurance premium. Parking your car in the garage rather than the street is another method for cutting down the cost of auto insurance. Leaving your car out in the street exposes it to danger and accident, which is why insurance companies will charge more.
5. Think of the Coverage You Need
No list of the top five ways of choosing your first car insurance will be complete without discussing insurance coverage. Just how much coverage do you need? Comprehensive insurance is the most complete, but there are other types of coverage available. Check the insurance law in your state and find out what’s the most affordable insurance coverage they provide.
Besides the top five ways of choosing your first car insurance you need to compare the offers being made by each insurance company. This will take some time but it’s worth it since you’ll end up saving more compared to just applying for the first policy you come across.