Fortunately, you don’t have to pay an arm and a leg, as it is now possible to get cheap auto insurance no matter how old you are or how many road traffic incidents you have been involved in.
Keen to find out more? Read the five simple tips below…
In a nutshell, the bigger the engine size of your car, the more expensive your auto insurance will be. Therefore, if you want to keep your rates low then you should consider buying a smaller car with less power.
One of the main factors that auto insurance companies look at is security. For example, if you live in a high crime area, will be keeping the car on the street, and don’t have any security devices such as a car alarm, then you can expect finding cheap auto insurance quotes to be a very difficult task.
Ideally, the car should be stored in a garage overnight, and be fitted with various security devices.
Without a doubt, one of the best places to discover cheap auto insurance quotes is on a comparison website. Typically, this involves filling in a few details about yourself and then clicking a button to get multiple quotes from different insurance companies.
As you can imagine this saves you a lot of time, as in the past you would have been contacting the companies individually.
Black box insurance
If you are confident in your driving skills and always obey the rules of the road, then you might want to consider something called black box insurance. This is basically where the insurance company will fit a black box in your car, and then monitor where you drive and how you drive.
Once they have some data, then they can give you a custom auto insurance quote which could be cheaper than going through the traditional routes.
Increase voluntary excess
Another way to get cheaper auto insurance quotes is to increase your voluntary excess. This means that you would pay more in the event of an accident where it was your fault and another car is damaged.
While using this method will reduce your premiums it’s not always the best option, especially when you consider that you might end up with a huge bill if you are involved in a traffic accident.