Have you heard of the saying "If it isn't broken, don't fix it"? Well, this isn't just a saying; it is also the principle by which insurance companies make millions every year.
Everyone is out looking for cheap car insurance, but people also have the tendency to be loyal to an insurance company that they have worked with rather than start fresh with a new one.
Unless you want to come out of your infatuation with your current insurance company, it would be nearly impossible for you to shop around and get cheap car insurance quotes.
By refusing to shop around, you can lose hundreds of dollars every year! Irrespective of your current insurance provider and driving status, here are some great ways for you to get cheap car insurance: Go Shopping! If you want cheap car insurance you have to start shopping around for car insurance coverage and try to get cheap car insurance quotes on premiums from several companies.
Unless you do some shopping you can never be sure that you are getting the cheapest car insurance.
However, once you start comparing, remember that cheap car insurance quotes shouldn't mean little or no insurance or even bad insurance.
Check how insurance claims are approved and processed and investigate how quickly companies pay them.
Even if you are just looking for cheap car insurance quotes, check how financially stable your insurer is too.
Look for Discounts! One of the ultimate goals of many insurance companies is to capture a sizable portion of the market.
Insurance providers are always looking to increase or at least maintain their market share.
To do so, many companies give discounts to car owners.
If you have a clean driving record or if you have gone through a "Defensive Driver Training Program," you might be eligible for these fantastic discounts.
You may also get more discounts if you have fitted appropriate and effective anti-theft or safety devices on the car.
Most companies have low mileage discounts on offer too.
Opt for a higher insurance deductible.
When you file a claim, you will first pay the deductible before your insurer pays the remaining balance.
People usually choose lower deductibles so that they have to pay less out of their pocket when they submit a claim.
But the reality is that the higher your collision and comprehensive deductibles are, the lower your car insurance premium will be.
Increasing your deductible from $250 to $1000 can help you slash hundreds of dollars from your insurance premium.
Reduce coverage on older vehicles Cut down on the collision and/or comprehensive coverage if you have an old model car.
Weigh out the cost of the collision and comprehensive coverage against the value of your car and deductibles that you have chosen.