Owning and maintaining a car is an investment, but it doesn’t have to be expensive. Here are 7 ways to help you reduce your auto insurance premiums.
Reduce coverage on older vehicles
If you have an older model vehicle and its paid for, consider eliminating your collision coverage. It is the coverage that pays for any damage that you cause to your vehicle and it can make up a significant portion of your premium.
Bundle your insurance policies
By grouping your personal insurance policies with DTRIC Insurance – car, homeowners, renters, etc. – you could save up to 25%.
Raise your deductible
By increasing your deductible, you could save a significant amount on your premium. Decide how much you can afford to spend out of pocket in the event of a claim, then adjust your deductible accordingly. Get rewarded for safe, claim-free driving with DTRIC’s Deductible WipeOut. You could reduce your collision deductible to zero by driving with aloha.
Get a quote before you buy
Before buying a new or used vehicle, call your insurance agent to find out how much it’s going to cost to insure it. Premiums can vary widely based on the make, model and year of a vehicle.
Skip monthly bill pay
The insurance costs may make a monthly bill-pay seem like a good idea, but you’ll usually pay for the convenience with add-on fees. To avoid these extra charges, request to be billed every 6 or 12 months instead.
Buy a safe car
Choose a car with qualifying safety features like airbags, anti-lock brakes, and anti-theft devices, and your smart choice will be rewarded with another discount.