Car Insurance buying tips.
Car insurance coverage options are important factors to determine the final premium. In Florida, the minimum coverage requirement is 10/20/10 Liability limit, but a higher liability limit of 250/500/100 capable of delivering more legal protection to you, should a claim occurred.
Before searching for a Car Insurance policy, and settling for a final affordable policy, take note of the following five cost reduction strategies. Auto insurance have many ins and outs, and many factors exist for saving extra money.
Tip One: Bundle Up both Auto And Home.
Insurance companies offer additional discounts if both home and auto policy is insured by the same carrier. Together, obtaining these policies can significantly reduce your insurance rates by about 5% to 10% under a multi-policy discount.
Tip Two: Aim for Higher Deductible.
Raising your comprehensive and collision deductible can lower your overall premium. If you choose the $250 deductible, consider increasing the deductible to $500 or $1,000 for higher value cars, you won’t be sorry. In fact, your premium can be reduced by approximately 20 percent. When obtaining an Auto Insurance policy, higher deductibles are always an excellent choice.
Tip Three: Drive a Lower-Cost Car.
Your insurance rate can be significantly lowered if your vehicle’s safety features such as airbags, anti-lock breaks, and passive alarm system exist in your vehicle.
Tip Four: Avoid Accidents and Violations.
Historically, violations and tickets do increase your overall costs of insurance premium. Insurance providers see you as an investment. They want a quality driver. If you have a clean driving record, you’ll be presented with a preferred premium.
Bad driving history can disqualify drivers from preferred rates. Your driving record must be checked periodically. Therefore accidents, speeding tickets, and drunk driving violations can all count against you in determining the final premium, and can also be the reason to get into the lawsuit process. In general, you should practice safe driving. Check how a long-term, safe driving record leads to additional discounts.
Tip Five: When in Doubt about insurance coverages, Ask.
Always ask about payment options. Some companies offer substantial discount for paying premium in full. Additional discounts are available if:
- You are a student,
- Do you have specific anti-theft devices in your car,
- Do you have a young driver in your household,
- Do you pay your premium in full,
- Do you use the car for pleasure or business.
Some insurer do provide car insurance discounts and package deals based on your lifestyle. Regardless of your insurance needs, talking to a local Insurance Agent specialist is always helpful. Agents are paid to make sure you get adequate insurance policy with affordable premium. A local Insurance agent relationship can result in long-term financial savings and ease of accessibility. Your auto insurance policy coverage is important, and it’s never too late to review your Auto Insurance options.
For a free Car Insurance quote, call G. Zein Insurance Services today at (954) 454-9599.