It’s February and the winter months may have you checking your home and vehicle to ensure they’re prepared for colder temperatures. While you’re looking for ways to save, experts say not to overlook your car insurance — an expense that can be easy to forget about is just as easy to get lowered.
The first is to shop around for a better rate. Doing a little research can lead to lower premium rates, so it may be well worth your time.
Next, ask your insurer if you qualify for a discount. Maybe you’ve recently had a change in jobs, or maybe are working from home more than you used to. You could be missing out at a lower rate, especially if they find you’re driving less.
Number three: see if it makes sense to increase your deductible. If you’re a safe driver in a safe neighborhood, you may consider raising your deductible to see if you can save on premium costs. Just a warning: it will mean you’ll have to pay more in the event of an accident.
Lastly, if you’re not already, consider bundling with your homeowner’s insurance to save.
It’s easy to forget about your auto insurance once you set it up. So, take a moment on Car Insurance Day to see if there are savings you’re missing out on.
Of course, you can work on being eligible for future savings by being a cautious driver and live and park in areas where your vehicle won’t get broken into.
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