Wisetechie’s Top Five Tips to Save on Car Insurance
Posted On December 17, 2020
https://www.youtube.com/watch?v=sT59UzMBslg
Just made a video around tips to save on car insurance and how to ensure you are always paying your best rate.
Here are the tips from the video summarized:
- Tip 1 – Go out and Quote!!! – Quote every 3 months, no such thing as over quoting. Insurance companies will return back pro-rated refunds to you.
- Tip 2 – Insurance Brokers – If insurance seems too much of a hassle use insurance brokers and ask them to shop around for you.
- Tip 3 – Credit Reports and Car Insurance – Your credit report not only affects the credit cards you can get and your mortgage rate but also your insurance rate. Keep credit utilization low and available credit high.
- Tip 4 – Review your coverage – Do you really need personal injury protection if you have medical insurance, do you really need uninsured property damage if you have comprehensive coverage?
- Tip 5 – Claims and your rate – Be very careful about claims and what might be considered a claim. Some companies will tout free roadside assistance but then ding you for using it (Allstate which offers Tmobile SyncUp device roadside assistance did that).
- Bonus Tip – Bundle!!! – Almost all insurance companies will allow you to bundle your rates. Use it. I bundle my car insurance, rental insurance and umbrella from the same company for maximum savings.
Hopefully you found these tips useful. Dont forget to checkout my video, like, share, comment and subscribe!
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