4 April 2016 Category: Uncategorized

How To: Save on Auto Insurance

Take the wheel when it comes to lowering your auto insurance premiums.

The cost of car insurance premiums can vary by hundreds of dollars, depending on the model, make, and who insures it. It’s up to you on whether you want to pay less or more on your premium, but it doesn’t come without some work on your part. Here are 3 ways with which you can save more money on your auto insurance policy.

  1. Higher Deductibles

A deductible is the amount that you have to pay out-of-pocket before your insurance kicks in. By choosing a higher deductible, you can really lower the cost of your premium. For example, if the damage that you have to pay is $4,999 and your deductible at the moment is $5,000, all of that is going to have to come from your end of the bank. Before you choose this option, however, make sure you actually have enough money set aside to pay for that deductible!

  1. Reduce Coverage on Older Cars

You don’t want to be paying more for the insurance than you did for the actual car. If this is the case, you should consider dropping comprehensive and/or collision coverage. It’s easy to estimate the worth of your car using sites like KBB.

  1. Maintain a Good Credit Score

Establishing a good credit score has more benefits other than being able to get a good loan, it can also be a reward when you purchase auto insurance. Most insurers use credit information to price auto insurance policies. Statistics show that people who effectively manage their credit well make fewer claims.

Paying the right amount for car insurance is just as important as having an auto policy.  If you have any questions regarding car insurance in Pasadena, CA!, contact Massive Insurance. Our team is dedicated to getting you the best coverage at the best price – no matter your age!