Other Ways to Save Money on Car Insurance
As you can tell by now, there are tons of different ways to save money on car insurance, no matter if you are
a new or experienced driver. However, not all of these methods will apply to every major insurance company, but
they are all definitely worth mentioning to your insurance broker. After all, you owe it to yourself to find the
best deals and save money on something you will be paying for the rest of your life.
What You Can Do:
- Credit Rating - Believe it or not, credit scores are factored in to your car insurance quotes, so maintain
a good credit rating by paying on time
- Customer Loyalty - Some car insurance companies offer significant discounts for being a loyal customer, which
usually means having been a customer for at least 5-10 years
- Pay by EFT Debit - If you pay for car insurance with a credit card, you are probably paying an additional fee of
$2-5 per transaction, which usually can be avoided by paying via electronic funds transfer
- Yearly Contracts - Some companies offer more affordable rates if you sign a yearly policy, rather than a 6 month contract
- Get Married - Insurance companies know that married people aren't very wreckless on the road and therefore give them price breaks