Before you Purchase a Car, Compare Insurance Price: Before you purchase a new or second-hand car, check into insurance prices. Car insurance is based in part of the car’s original price, the cost to repair it; it’s generally safety record and the likelihood of robbery. A lot of insurers offer discounts for features that decrease the risk of injuries or theft. To help you choose what car to buy, you can get information from the Insurance Institute for Highway Safety.
Get A Quote Before You Buy: Before buying a new motor vehicle, call your insurance agent to find out how much it’s going to cost to cover it. Premiums can vary usually based on the make, model and year of a motor vehicle.
Improve Your Credit Score: Many insurance companies now use your credit score as part of the criteria for determining the price of your insurance premium. To make sure you’re getting the best deal possible, be sure to pay your bills on time and to contest any credit reporting errors that you find on your report.
Switch to a Hybrid: Go green and save. Companies, like Travelers, Farmers and Liberty Mutual offer a price cut for driving a hybrid or alternative fuel motor vehicle.
Safety Feature Discounts: Choose a car with added safety features like airbags; anti-lock brakes, electronic stability control and, and your smart choice will be rewarded with another discount.
Ask About Special Discounts: Each insurance firm offers a variety of discounts, but you’ll need to ask about them.
Driving Record: Drivers with poor driving records generally pay more for insurance than people who have been accident-free for several years.
Driving Course: Successfully completing a driving course is sometimes recognized by some insurance providers and could assist you to reduce your payments.