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Easy Ways to Reduce Your Car Insurance Costs

Easy Ways to Reduce Your Car Insurance Costs

Save on Auto Insurance Coverage

Motorists these days are always looking for ways to save on their auto insurance in Renton, WA. Even though car insurance is compulsory, premiums don’t have to break the bank. Check out these top tips on how to save money on auto insurance with compromising on coverage.

Shop Around

Comparing auto insurance policies from different carriers is often a simple but effective way to reduce the price you pay for cover. Start by gathering a few different quotes from insurers, making sure to request the same amount of coverage for each so that you know you’re comparing apples to apples.

Increase Your Deductible

Opting for a higher deductible when setting up your car insurance cover is another way to reduce your premium. As a general rule of thumb, the higher your excess, the lower your premium. Remember, though, that you must be able to afford the deductible out of pocket should you need to file a claim. You will be required to pay the deductible before your insurance can step in to help.

Bundle Coverages

Many insurers will give you a discount for bundling insurance policies together, such as homeowners and auto insurance coverages. You may also get a reduction if you have more than one vehicle insured with the same company. Ask your insurer for what they can offer you!

Maintain a Good Credit Record

Although you may think it has little to do with your driving, insurers take your credit history into account when determining your premium. Research suggests that people who effectively manage their credit file fewer claims. Be sure to maintain good credit by paying your bills on time and keeping your credit balances as low as possible.

Consider Mileage

Seriously consider how many miles you cover annually. The higher the mileage, the higher the premium. If you overestimate your mileage, you’re going to take on an unnecessarily high premium. That said, you still need to be honest. If you underestimate, it could cost you more if you need to claim.

Are you looking for the right policy for your wallet? Contact the professionals at Humble & Davenport Insurance, serving Renton and neighboring cities of Washington for quality auto insurance coverage today.