- Date 05 Dec 2017
- Category Insurance Knowledge Base
For Your Knowledge
You can get competitive auto insurance rate quotes if you're really serious. By serious I mean you are willing to take the necessary steps and make the necessary adjustments. Here are three sure ways to bring down your premium without compromising the quality of coverage you'll get …
1. It may seem unfair to most people but your credit rating does affect you rate. Insurers who use it as one of the factors that determine what a person pays say that there is a relationship between the two. They maintain that experience and statistics show that a poor credit rating means irresponsibility which also plays out behind wheels.
2. You can bring down your premium by positioning yourself for a multi-vehicle discount. You can only do otherwise if the sum of your premiums across different insurance companies is lower than what you'll get as a multi-vehicle discount with one insurer. Doing some shopping and then comparing with what you'll get from a multi-vehicle discount is a good way to know for sure if this is in your best interest. But anyway, a multi-vehicle discount is one way to pay less.
3. Do extensive shopping if you are really serious about getting a competitive rate. If you are scared at the simple thought of contacting insurance agents, you can now handle the whole process easily online. It just takes a few minutes for you to fill a form in order to be given your vehicle insurance estimate. You'll rarely invest more than 5 minutes per site (plus it's free).
Remember, that one more quote you receive can actually provide you better coverage for a much lower price than the previous ones you got. Because you can not say the insurer that will offer you the best price / value, it is surely advised that you get as many vehicle insurance rate quotes as possible. I recommend that you visit a minimum of five sites.