The Beginner’s Guide to Choosing the Right Insurance Policy Without Having to Break the Bank

The Beginner’s Guide to Choosing the Right Insurance Policy Without Having to Break the Bank

The best auto insurance policy is one that provides good coverage and doesn’t break the bank. Here’s 5 tips to ensure you keep costs low when selecting an insurance policy that’s right for you:

Outweigh the Long-Term Impact of Coverage Options
Liability is the cheapest type coverage option. This means that if you get into an accident, insurance will only cover damages to the other car; not your car.

Comprehensive is more expensive but covers a lot more. This type of coverage pays for the damages for your vehicle as a result of car accidents, animal collisions, falling objects, vandalism, theft and Mother Nature or “Acts of God” (i.e. weather, fire, etc.).

While liability coverage might be cheaper, it is important to consider the long-term impact. Spending a little money on insurance coverage now can save you from massive costs in the event of a future accident.

Request and Compare Quotes From At Least 3 Providers
There are a variety of variables that determine your insurance policy premium. These variables consist of age, driving history, credit score, the type of car you drive and the location in which you reside. In order to get the most bank for your buck, request requests from both local and national insurance companies to see which provider is right for you.

Ask if There Are Deals or Discounts
Did you know that car insurance companies offer all kinds of special deals and discounts? They do and you only have to ask! Make sure that you are not missing out on great deals that could cut costs and are available to you. Many insurance companies offer discounts for safe drivers, drivers who own an anti-theft device, drivers that are in the military; and even drivers that sign up for automatic online bill payments.

Demonstrate Loyalty by Paying in Advance
Many insurance companies will provide a more affordable plan if you are able to pay for 6-months or a year up-front rather than month-to-month. If this is a possible option for you, talk to your provider to understand your total cost savings for the year.

Keep Insurance Costs in Mind When Car Shopping
There are many factors that influence your insurance policy premium as it relates to a vehicle. For instance your premium can be impacted by your vehicle’s Make, Model and even color. Keep this in mind when shopping around for some new wheels.

You Can Always Count On Harris
If you need additional support when selecting your insurance policy plan, call Harris. We will be more than happy to guide you in the right direction of selecting an insurance policy that is right for you, with your investment in mind.