In my other articles, I have discussed different ways to cut down your auto insurance rates in order to save more money. This time, we are going to talk about lesser known tips on how to get your premium rates to go down. In other words, how to save more money.
When considering to move into a new state or neighborhood, first try and see if it is a safe and secure area. Try to relocate to cities that are know to have lower crime rates. This isn't just for your personality safety, but that's because most auto insurance policies take into consideration the safety of your location. This factor highly affect your premiums, which will naturally be cheaper if you live in safer areas.
This makes a lot of sense. If you lived in a high risk area, where vandalizing and car thefts were common, do you really think that an auto insurance company would allow you to have lower auto insurance rates? The answer is NO. They will take into account the likelihood of your car being stolen on vandalized in such an area and then give you a much higher premiums, thus having you pay more.
I also mentioned in an earlier post how purchasing cars with better safety ratings are also another way to reduce your auto insurance rate. But here's an even better piece of advice: when buying cars with better safety rating, always include air-bags as an add-on safety option. This will greatly reduce your premium when your auto insurance company assesses your car, since they factor in the cars safety feature too.
When buying safer-model cars, stay away from the pricier ones and get something a lot less expensive. Why, you ask? While these cars may be a bit safer, they also cost more to maintain, increasing the possibility that you'll be asking your auto insurance company to help pay for the upkeep.
Relatively speaking, an auto insurance company will also pay more in damages should you even get in a wreck in an expensive car, rather than a cheap one. A more expensive car equals more expensive repairs, which in turn translates to more money. Which is what most insurance providers anticipate when raising their premiums. So remember this when you next buy a car.
Another way of lowering your auto insurance rates if by minimizing the time you spend driving. The more you drive, the more wear and tear you'll do to you car, and the higher the possibilities that you'll get into into an accident. So the more time you spend on the rate, equals to more money you'll pay for premiums. So try and keep your driving to a minimum.
