When you invest in a new vehicle, you’ll need new car insurance. However, the costs of new car insurance can add up, especially if you want more coverage than just the state minimum. Besides getting quotes on auto insurance and comparing them to see which offers you the best deal, there are a number of other ways to save cash on your policy. Read on to find out how to reduce your new car insurance rates.
- Go to traffic school and complete a driving safety course. Especially if you’re a teen driver or young adult, showing a certificate of completion of an approved driving safety course can significantly reduce your insurance rates. Make sure the traffic school is approved by your insurance company before you enroll!
- Have safety devices such as airbags and anti-lock brakes installed in your new car. The safer your car is, the lower your rates will be, as the insurance company can expect lower claims in the event of an accident.
- Install an approved anti-theft device in your vehicle. Stolen vehicles, especially SUVs, cost insurance companies hundreds of thousands of dollars each year. The better your vehicle is protected against theft, the lower your rates are likely to be.
- Reduce your annual mileage. Of course, when you buy a new car, the last thing you want to do is use the carpool or commuter bus to get to work, but it can result in a much lower annual mileage and therefore lower insurance rates!
When the day comes that your baby is suddenly all grown up and asks to take the car, knowing your teen driver is properly insured will decrease your stress. And though adding a teen driver to your policy will most likely result in significant rate hikes, comparing online insurance quotes can help you find the best rates.
Be Prepared: Compare Auto Quotes Ahead of Time
When it comes to insurance policies, not many will allow you to simply switch companies without a penalty. That’s why it’s so important to compare auto quotes well before your teen driver gets her license. If you compare auto quotes ahead of time, you can find out what conditions will lower your teen driver insurance rates and which company will offer you the best deal. This way, you can instruct your teen driver to get a DMV driving certificate to lower insurance rates, and if you need to switch companies, you’ll have plenty of time to do so.
Compare Auto Quotes Online for the Best Rates
You can compare auto quotes online by visiting insurance comparison sites that allow you to compare auto quotes at a glance. Another advantage of online insurance quotes is that you often get special deals and discounts with comparison sites that you don’t get when you go directly to an insurance company. So take your time and request a number of quotes from reputable insurance carriers so you can compare auto quotes at your leisure and select the one that works best for you. This way, you can make sure your baby is insured without breaking the bank!