How To Lower Your Risk And Your Car Insurance

By Aleisha Alejandro


Listed here are the steps you can take to reduce your risk and, therefore, your vehicle insurance:

1. Buy a safe vehicle. Cars carry standard safety ratings from the National Highway Traffic Safety Administration (NHTSA). Consult their safety ratings if you are considering a new or used car purchase. The risk of a smoker accidentally setting their house on fire is high enough that your premium will go down significantly when you break the habit.

2. Attend a driver safety course. Your certificate from the course will be a signal to your insurance company that you are dedicated to safe driving habits, and then demonstrate them by being a safe driver. Also keep your vehicle maintained properly so that it will continue to operate safely.

3. Park in your garage if you have one. Like item 3, this will discourage auto thieves and will lower the risk of freak incidents like a downed tree, hail damage, etc. Grouping your insurance policies together is a great way to save money in the long-term. If you combine your auto, health and home insurance, you should be able to save thousands of dollars over the life of your policy. Just make sure you're choosing a great company to handle your policy.

4. Install anti-theft equipment on your car. Make the would-be thief consider an easier car to burgle or vandalize than yours. Insurance is the best way to financially protect yourself. But with so many insurance types and an overload of information, it can be hard to know where to start.

5. Address the policy with reduction tactics. Increase your deductibles. Remove superfluous policy additions you do not use. Buy a policy with a single, annual payment rather than month to month.

By using all or any of those ideas, you'll decrease your vehicle insurance and have all of the coverage you'll need.

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