Every driver is required lawfully to have automobile insurance to drive a motor vehicle. With the cost of gasoline today, more drivers are looking for ways to save on their premiums. There are many ways to cut corners and save money on your premium that most people overlook. If you pay too much every month for car insurance coverage you may want to consider changing insurance companies.
The first way to find cheap car insurance quotes is to find out how old you are when you start looking. Each company will have different minimum age requirements based on your current medical condition and driving record. To help you find the best car insurance providers, we compiled data from multiple companies for both drivers and owners based on age. We categorized drivers based on their ages, gender, type of vehicle, driving record, whether they are married or not, and whether they are currently insured with another company.
The second way to find cheap car insurance rates is to make sure you keep a clean driving record. The best car insurance rates will be higher for drivers who get into accidents or get a traffic ticket more often. The reason is that these are the most common risk factors that are used by insurance providers to determine your premium. Drivers who drive clean with no traffic violations or accidents are less likely to get tickets and more likely to stay accident-free.
Thirdly, you can save money by changing your Progressive Insurance Company. There are many options for you to choose from including nationwide Progressive Insurance, state-promulgated Liberty Mutual Insurance, and several other options. If you already have a Progressive policy but you are unhappy with it, don’t surrender it to the insurance company. Instead, shop around for a better deal from other reputable insurance companies.
Liberty Mutual and Progressive both offer policies for one-third of what Progressive charges for equivalent coverage. What’s more, there are several Progressive policies for which you are charged a higher premium for the same or better policy coverage. A Progressive car insurance quote for example, might quote you eight hundred dollars per year for their standard car insurance policy. However, if you acquire a policy from Liberty Mutual Insurance, you will only be asked to pay five hundred dollars per year for the same exact policy. This is because of a ‘bunding’ arrangement between the two insurance providers.
Fourth, j.d. drivers can save a significant amount of money on car insurance coverage. Insurance providers normally charge drivers higher premiums for drivers below twenty-five years old. However, drivers who have already obtained an insurance license from another company will be eligible for discounted insurance. As such, if you already have a license from another company and you obtain an insurance policy from Progressive, you will be eligible for discounts (in the same way as people who have yet to obtain a license.)
Finally, we suggest that people over twenty five years old consider taking out a liability or comprehensive policy. This type of policy usually covers a driver for damage to another person’s property or bodily injury. In addition to that, they also cover the costs for legal representation in case of an accident. Although these policies will obviously have higher premiums than the others, they pay less for car insurance rates. Thus, a liability policy could save you up to fifteen percent on your yearly premium. If you do not have such coverage, consider taking this into consideration.
If you currently insure your car with a company other than Progressive, you may be able to get a ‘custom quote.’ However, keep in mind that there are other factors that contribute to your auto insurance rates. Many times, the rates you’ll pay will be determined by your location, age, gender, marital status, driving record, credit history, and more. This is why it’s important that you shop around and compare policies before settling on one particular company. By following these tips, you’ll be well on your way to receiving a low-cost car insurance quote that meets or exceeds your expectations. The next step?