10 ways to save on car insurance – Daily Sundial

Let’s face it, life is more expensive than ever and we all need to save money! Even Elon Musk likes to use coupons when he’s not blowing $44 billion on a semi-hostile Twitter takeover. So let’s go. What you need to know, and sometimes what your insurance company doesn’t want you to know, about the 10 most common ways to save on car insurance!

#ten. If you have full coverage on a car, increase the deductibles by $500 to $1000 or $2500, but unless you have a long list of tickets or accidents the savings might not be worth it. not the additional costs at the time of the claim. Always quote your changes before deciding. Also, your collision deductible should NOT match the comprehensive deductible, so we recommend increasing only the collision and leaving the comprehensive deductible lower, as this is an inexpensive item of coverage.

#9. You can lower your liability limits (injury and damage to others in an accident), but as above, the savings may not be worth it. The declines in liability protection are significant while the savings may be minimal, so always list it first. Conversely, when budget allows, we recommend increasing liability limits, as paying a few extra dollars a month gives you much higher protection while avoiding potential lawsuits.

#8. Eliminate rental and towing. If you have AAA membership or other roadside protection, many customers feel it’s not worth paying extra for the same coverage on their car insurance. Although AAA limits your road calls per year, and if you exceed their dollar allowance, they may charge you for your road call. In case of Mercury roadside insurance, they will reimburse you even if your assistance service was from AAA, so there is a reason why some customers prefer duplicate coverage. If you have rental car coverage on your auto insurance, it pays for up to 30 days of rental if your vehicle is being repaired for a covered loss. If you have access to other vehicles, or friends or family to drive you, you may consider removing coverage from the rental car. Keep in mind that borrowing a friend’s car rarely ends well, and when you rent from Budget or Enterprise, you know they won’t complain about the crumbs and ketchup stains you left behind. (I’m talking to you mom. This is the last time I’m going to ask you to borrow your Cadillac again. That’s for sure!)

#seven. You can sell your car and take an Uber or a scooter. No car, no auto insurance, right? Talk about a great way to save! Ok, maybe that’s not a good option for you. But on older cars (think 10-12+ years), when the blue book value is low enough, you might consider dropping full coverage (compensation and collision) and having liability only on one car , which often equates to a significant saving. Of course, this carries the risk of not having your car repaired following an at-fault accident. So gauge this one carefully.

#6. Accumulate these discounts. Every insurance company offers additional ways to save on car insurance, but that information might be buried in the 78-page package they send you every year, so ask your company or agent if it’s helpful. there are savings or discounts not yet applied to your policy. You might be pleasantly surprised. Here are some examples of Mercury Insurance: good student discount or education credential, multi-car, multi-police, good driver, adult driver, or just having a Costco or AAA membership.

#5. Family package. No, we’re not talking about the 16-piece family meal at Pollo Loco, although it is delicious and highly recommended. It never makes sense to separate family members from the household on their own car insurance policies. Always combine all cars and drivers in the house at the best price. Additionally, it allows all drivers of a font to drive all of the cars in that font, which they otherwise wouldn’t be able to do for free.

#3. I laugh. Step #3. It’s actually number 4. I wanted to see if you’re paying attention. You are not? Yes, we thought. We should have made it the top 5 ways to save, we would have already finished! In any event. A top 10 list is always the best way to go. Thanks David Letterman. If you don’t get this joke, you’re too young. Where were we? Oh. Annual miles. The more you drive, the higher the price of your car insurance, but many companies now track your miles to ensure accuracy or they have a minimum mileage requirement so they don’t always let you reduce the miles without written proof of your annual rhythm. Try to assess if they have an accurate annual mileage rate and find out about any special mileage programs they offer, as this can sneak in to additional savings.

#3. The multi-policy discount. If you are a homeowner, you should always combine your house and your car. If you don’t own a home and rent an apartment, you can also get a tenants policy while still qualifying for a multi-policy discount. Plus, you get all the important coverage protections from this renter policy itself. If you live with your parents, then you’re in luck, unless they charge you rent. Then you should consider trading your parents for new ones. Instead of having your own one-car, one-driver policy, if you can be a driver on your parent’s or family’s car policy, that means you get all of their discounts, including their drive-in discount, multi-car or any group discount.

#2. Tickets and accidents. As we cannot always outrun the police, unless you have a very fast car, and since it’s never a good idea to flee the scene of an accident, we can all end up getting a DMV point. Those pesky DMV points from tickets and accidents, once they end up on your insurance record, turn into higher insurance prices! DMV points last 3 years and a DUI, the mother of all DMV violations, lasts 10 years! The only way to take a point off a motor vehicle collision claim is if you are not at fault, but for tickets (speeding, turning, driving backwards, etc.) you will often be offered traffic school . Our advice: take it! If you had not previously attended traffic school in the previous 18 months, you can enroll in an online traffic school course. Traffic school can even be done online now. Just imagine the boredom of an algebra, chemistry and history class all rolled into one, for 6 hours straight, and that’s traffic school. Nevertheless, it will save you a lot of money by deleting it from your insurance file! Without it, you have to wait 3 years for it to fall off your record, or you can date someone high up in the DMV hierarchy and talk nice to them about having your tainted driving history erased.

#1. Yes. Here we are. #1! To finish. Our fingers are tired of typing. But we saved the best for last. Although we’re pretty sure most people quit re-reading around #5. So for the 3 people still out there, the best way to save on auto insurance is to get a quick, free quote from another company or agent to see how much they can save you.

Ideally for you, we happen to sell insurance. Imagine that. Want to meet you here. Fate brought us together. We can provide auto, home, renters, motorcycle, earthquake, and even commercial insurance. We also represent several companies although Mercury Insurance tends to have some of our lowest prices. Plus, we’re fantastic. And versatile. We can work by phone, email and text, but if you like that personal touch, we’re right next door to CSUN. Did we mention the free candies?

Phone 818.368.3764 / Text 818.351.9247 / Email [email protected] / On line doctorins.com/csun


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