Save Money on Your Car Insurance: 5 Ways To Save

Auto Insurance.  Most North Carolinians don’t think much about their car insurance policy until it’s time to file a claim. With these five tips, you can save on car insurance and put that money towards a vacation or other long-term goals.

Top Five Ways to Save on your Auto Insurance:

1. Shop Around and get Quotes from other Companies 

How long have you had your current Auto Insurance policy?  Most people are loyal to their Insurance company, but this may be costing you extra money. The average consumer stays with the same auto insurance company for an average of 12 years. Shopping around for new Auto Insurance companies could lead to big savings on your plan.  Don’t be concerned with the hassle of switching companies. The team at Carolina Insurance Professionals can help you easily pick a new policy and make that transition simple. 

2. Consider Bundling your Home and Auto with One Insurance Company

Do you have your home and auto with the same company? If not, definitely consider making this smart financial move. Many companies will offer discounts if you sign on for multiple product lines.

3. Are you Paying for Coverage that you Don’t Need?

It’s always a great idea to review your policy at least once a year and refresh yourself on the coverage that you have especially as your cars age. In addition, if  you have a car over 10 years old, you may want to consider dropping the collision on the policy to save some money. Finally, a quick call to your agent can help you determine whether that is a good idea.

4. Have you had any Life Changes that May Qualify you for Lower Rates?

If you’ve recently changed jobs, it’s a good time to check in and see if you qualify for lower rates through your employer and by the amount of driving you do annually with this new profession.

5. Be Knowledgeable about the Random Things that Can Lower your Insurance Rates

Sometimes it pays off to be the person that knows lots of random knowledge about things—check out this random Auto Insurance Savings tips:

Being Married can lower your insurance rates – Insurance Companies tend to feel like married couples are safer drivers – who knew?!

In addition, luxury Cars raise your auto rates so consider that when purchasing a new home and auto.

Finally, working from home may help you qualify for lower rates than someone who travels a lot with their job.

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