Insider knowledge can be incredibly useful in several situations, and this is especially true when it comes to saving money on car insurance! When you speak with an insurance insider, they’ll provide you with all sorts of helpful tips for saving money on your policy.
At Fargo Moorhead Insurance, we’ve been providing our clients with excellent insurance coverage and options since 1 972. If that doesn’t make us insiders, what does? That’s why we’ve put together some of our most useful insider tips for saving money on car insurance to help you get the best deal possible.
Consider the Cost of Insuring a Vehicle Before Buying It
Let’s say you’ve fallen in love with a certain vehicle and you bought it without considering what it might cost to insure. In that case, it’s usually too late or too much work to return the vehicle. That’s why we always encourage drivers to look into insuring a certain vehicle BEFORE buying it. This way they’ll have an idea of what they might pay for coverage each month and decide if that works with their budget.
Take an Accredited Safe Driving Course
While you may have to make an initial investment in the course, many drivers aren’t aware that by completing an accredited safe driving course they might be eligible for a discount on their auto insurance policy!
Raise Your Deductible
If you’d like to pay a little less each month in exchange for paying slightly more out of pocket in the event of a claim, raising your deductible can be an excellent option for saving money on car insurance. If you have a $500 deductible right now, consider changing it to $1000 and speak to your provider about what that could look like for lowering your monthly premium.
Bundle Your Policies
Most insurance companies offer discounts when their clients bundle their policies. For you, that could look like combining your home and auto insurance policies. In many cases, this results in excellent money-saving opportunities!