Are You Paying Too Much for Auto Insurance?
Car insurance is one of the most important financial products you will purchase during your lifetime. A good policy will help you replace a stolen vehicle, repair damage caused by an accident, and pay for injuries suffered by drivers and passengers.
But with so many insurance companies, it can take a lot of work to know which one is right for you and priced correctly. So today, we’ll outline 7 signs which may indicate you are paying too much for car insurance.
#1 Not bundling – By purchasing different types of insurance from the same insurer, you may be eligible for significant discounts.
#2 No discounts – Check your policy for discounts. Almost every driver is eligible for at least one or two. Contact your insurer to make sure you receive every discount available.
#3 Unnecessary coverage – Review your policies for coverage you may no longer require. For example, an older vehicle may not need to carry comprehensive insurance.
#4 Life events – Certain life events can help reduce your premium, such as getting married or having an adult child obtain their own coverage.
#5 Less miles – If you have significantly reduced the number of miles driven annually, your insurer should offer a premium reduction for the lessened exposure.
#6 You moved – Even if you only moved across town, make sure to update your insurer, as it could lower your premium.
#7 You haven’t shopped – Perhaps the best way to learn if you are paying too much for your auto insurance is by shopping your policy with top-rated insurance companies.
Car insurance is one of those things that we often take for granted. But, like all things in life, it’s essential to try our best to get the right solution for the right price. To find out for sure, take some time to evaluate your coverage and reach out to start comparing car insurance rates today!
Featured Blogs
- 5 Simple Ways to Boost Your Immune System (and 1 unusual way)
- Embracing Our Roles: Renewing Our Commitment to Sustainable Living
- Tips for a Stress-Free Tax Season Experience
- Spring fitness ideas
- Inspirational women who make the world a better place
- Creating a Positive Start to Your Day
- Spring Forward: Adjusting Your Routine for Daylight Saving Time
- Gratitude - Key to a Positive Mindset
- Adopting a Holistic Wellness Approach to a Healthier You
- 3 Common Sense Things People Should Know
- Exploring Superfoods: Nutrient-Packed Ingredients for a Healthy Diet
- Unraveling the Mystery of the Extra Day
- Digital Detox: A Healthy You in a Hyperconnected World
- Financial Fitness in 2024: Budgeting and Saving Tips
- Three Joyful Habits for a Healthier You in 2024
- New Year's Resolutions: Staying Committed Year Round
- The Magic of Christmas Traditions
- Staying Healthy During the Winter Months!
- How to be a Time Management Whiz During this Busy Season
- Self-care tips for December
- Five Health “Hacks” For Happy Holidays
- Turning 65? Looking at Medicare?
- Turning 65? What You Need to Know about Signing up for Medicare
- The Smart Home: What is that?
- Important definitions to help you understand your life Insurance
- Why an Insurance Agent Makes a Difference When Buying an Insurance Plan
- Preparing For an Emergency
- Davis Insurance Fresh New Look!
- Why Do I Pay Medicare Part B
- Don’t Let Insurance Coverage Gaps Put You at Financial Risk
- It’s February And That Means It’s American Heart Month
- Starting a New Business? Don’t Forget Your Insurance
- How to Stay on Track with Healthy Goals for 2017
- Insurance and Financial Planning Resolution for 2017!
- Wishing You a Happy Holiday Season
- End of the Year Financial To-Do List
- Modest Increases for 2017 Medicare Parts A & B Premiums and Deductibles
- Open Enrollment For Health Insurance is Here!
- Eat Well, Sleep Enough and Move to Stay Healthy
- Four things to know about Medicare Open Enrollment
- Pick a Plan, then Find The Right Doctor