12 Ways to Save Money on Auto Insurance

Save Money on Auto Insurance. we figured out 12 strategies that have helped us to save money on our auto insurance and we're going to talk about those strategies coming up stay tuned welcome back to another Sunday night sit down with america's number-one money couple challenge and I'm tie and we're from his or her money dot com we're teaching you how to manage your money marriage and everything in between so today guys we know that their various different categories and your budget that you looking to save money on so we're going to tackle the particular one in this episode we're gonna talk about auto insurance over the years we pick it out twelve different strategies that have helped us to save money on our auto insurance so we figured we come on Bashar those strategies with you.

And hope that you can save money on your auto insurance as well number one you must shop around this is so important so many times we just stay with the same company because we've been with them for years and years and years but it is so important to shop around by what some of the other insurance companies are offering because you just may save more by doing so the second is to raise your deductible most insurance companies automatically issued a $250 deductible and so at that rate you get a a certain monthly payment but if you take the time to raise it to five hundred or thousand you see that monthly rate come down and since you have listened to what you have just so the starter emergency fund of $1,000 in case that something unforeseen happens in the form of an accident or insurance claim you have that thousand dollars to cover the deductible and in the meantime you're saving money on your monthly payment everything that's probably like one of my favorite tips is to raise the deductible we personally radar deductible to $1000 and we like you said we have the money that Mossad and one of those 13 bank account which you got the ball so we don't worry about it at all the likelihood and a certificate showing a likelihood of someone getting an accident is pretty slim compared to the amount of the double that you take out so don't let fear overtake you think oh my gosh I get an accident like that or I need to get my car fixed I can only afford $250 that fear if you save money put money aside budget $50,000 I you'll be okay preparation is key number three and that maintaining good good credit this is so important to every state that you don't need to worry about your credit no you should worry about your credit because you can actually get better rates just by you having great credit the next trip is to drive less that's right because most insurance companies when interviewing you are you applying for insurance one of the things they ask you is how much how often do you drive in the distance involved and so if you can show and prove to them that you drive a certain amount of time and distance on a regular basis and that its low you are qualified yourself for a lower monthly premiums.

So be sure to make sure that you have no driving miles another tip number five is discount always always share this with your insurance agent if your vehicle comes with anti fifth they also actually have a garage where the vehicle will be housed at this is important even if you are a student that gets good grave you want to make sure that you get those special discounts the next fifty is that you want to make sure that you remove any extra animals such as rental car coverage parole side of a system that's one thing that they got us early on I will never forget when we applied for auto insurance was the role or even a rental car hey we had another car that in the event if one of the car that we will be ok we will not be carless or we could possibly borrow a vehicle from another family member so you wanna like when your options there and then when it comes to roadside assistance you want to make sure that you do the math sometimes it does make sense to pick up roadside assistance with your auto insurance company but sometimes it does not end usually it's okay it does not sometimes your credit card company may offer special perks such as roadside assistance for a minimal fee or sometimes no fee at all or even if you belong to certain groups such as AARP or triple-a triple-a exactly sometimes those way out a whole lot better saving you money longer and number seven is you want to make sure that you see if you qualify for the best three by combining your auto and homeowners insurance with the same company now this does not always work out all the time so you want to make sure what you're shopping around that you also shop around with whoever is carrying your homeowners insurance because sometimes you will get a group discount or package discount just by having multiple products with the same insurance company that strategy that's you want to consider is paying your auto insurance annually because when you pay either monthly or quarterly or semiannual usually you're paying a small fee for that service but by pain annually can avoid that charge and thus save more money in the long run and we do this by of course setting up another account 10 Mar 13 bank accounts actually how this our monthly insurance payment to our sales and that cover the whole of the short of overall insurance so by the time the twelve months is up in our premiums do there's no way over here we just write the check in finding the payment and therefore saving us money then next tip is that you want to maintain a clean driving record.

I looked over here to let ok guys let me tell you something we have had our fair share hi auto insurance because this one over here over here like the speech sometimes it sometimes but I am NOT a seventy miles an hour or eighty miles an hour ago that will hurt your coverage and the amount that you're paying believe it or not because they can get you a high risk so slow down by the rules and drive clean the next up is that you may qualify for saving the auto insurance if you belong or affiliated to a certain groups such as the military or double ARP triple-a or maybe even the employer that you work for to always be sure to let your insurance agent know the group's its affiliated with and your employers to see if there are discounts available the next tips to consider ahead of time that type of vehicle that you're going to purchase because certain types of vehicles even certain colors of vehicles command higher premiums from insurance companies so what you want to do is while you're shopping also shop and compare that car two other cars and the type of insurance rates that you will have to pay because of the type of carnage approaches I last and final two kids to drop pool covers this does not apply to all vehicles you want to make sure that you do you necessary homework to find out if your vehicle qualifies for this and what we did was we contacted our insurance agent we gave them to make the year the model of the vehicle we act a simple question in the event that this vehicle with to get completely total how much with the insurance company give us and usually if the check the lot less than what the vehicle is water in what you're paying awful to regard to your premium sometimes they make this to drop pool coverage completely just keep liability on your vehicle so those are our tips on how to save money on auto insurance but now we need to hear from you you guys are part of our communities will and we want to hear from you guys because there are other people who need as much help as possible so what are some things you have done to save money on your auto insurance please let's hear your voice down in the comments section alright guys it's been great so don't forget to visit our website at his or her money dot com and meetings back here next Monday night on Sunday night the down and 7 p.m. Central Standard time will you will see the both of us share with you and don't forget to subscribe to the his and her money show over on iTunes as did your radio it's a great podcast that we have to get you through your week to help you through your journey to financial freedom