Call Us 919.322.3640 ☰ ˟
Manage Policy File a Claim
Logo
919.322.3640
  • Home
  • Get A Quote
    • Automobile
    • Business & CommercialImage of right arrow
      • Commercial Auto Insurance Quote
      • General Liability Quote Form
      • Business Owners (BOP) Quote Form
      • Workers Compensation Quote
    • Homeowners
    • Life
    • Renters
    • Watercraft & Boat
  • Blog
  • Make a Payment
  • Resources
    • Secure File Area
    • Refer a Friend
    • Important Links
    • Calculators
    • Free Reports
    • Insurance Glossary
    • News Center
  • About Us
    • About Triangle Insurance Alliance
    • Location Map
    • Employee Directory
    • Customer Testimonials
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
Icon Icon Icon Icon Icon Icon
Home > Blog > 5 Quickest ways to lower your Auto Insurance Premium
TUESDAY, DECEMBER 6, 2016

5 Quickest ways to lower your Auto Insurance Premium

Are you looking for ways to lower your Auto Insurance Premium? Auto insurance rates can spiral depending upon factors that include your age, past driving record, and other factors such as credit history. However, the trick is to find ways to lower the annual pay-off. We have pulled up for you the 5 quickest ways to lower your Auto Insurance Premium.


Tip 1: Hike up your deductible 
 
Stop trying to get the ‘lowest deductible’, instead go in for a comfortably higher out of pocket payment plan. ‘Deductible’ is the amount that you would pay before your insurance policy kicks in. This is an easy way to reduce your periodic premium amount, however, be warned, in such a case, if something happens to your vehicle - you need to shell out more to cover the initial expenses, prior to going in for a claim.


Tip 2: Park your vehicle in a garage

One of the simplest ways to cut down on insurance premium is to park your vehicle in a garage, personal or commercial establishments. This helps in knocking off, in some cases, close to 20% of the premium. In a garage, the chances of your vehicle getting stolen or sideswiped are considerably lower. From a transaction perspective, parking in a garage could mean a difference between a preferred rate and a standard rate. 


Tip 3: Shop around and bargain  

Nothing beats the traditional ‘shop around to bargain’. Make sure you at least have three to four price quotes with you, prior to fixing on the service provider. Ensure that you are not shopping for price alone, but the whole deal.


Tip 4: Take a Defensive Driving Course

Not many people are aware of this. By volunteering for a state-approved defensive driving course, you can avail discounts in premium of up to 10%. However, do cross check with your insurer on this. 


Tip 5: Downsizing Coverage

Well, downsizing coverage is perhaps the easiest way to lower your auto insurance premium. However, we suggest you to be careful and prudent, while taking this decision. This might save money, but, would also limit coverage.


If you live in North Carolina and would like us review your auto insurance discounts, please give us a call!
Posted 4:34 PM

Tags: auto insurance quote, insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2018
  • 2017
  • 2016

  • car insurance(15)
  • auto insurance(12)
  • homeowners insurance(7)
  • insurance(5)
  • insurance quote(3)
  • home insurance(3)
  • north carolina insurance(3)
  • condo insurance(2)
  • renters insurance(2)
  • dui(2)
  • injuries(1)
  • shopping for insurance(1)
  • comprehensive(1)
  • hvac(1)
  • raleigh insurance(1)
  • online business insurance(1)
  • premiums(1)
  • car accidents(1)
  • auto insurance quote(1)
  • cheap insurance(1)
  • homeowner's insurance(1)
  • home business insurance(1)
  • speeding tickets(1)
  • rate bureau(1)
  • finance(1)
  • quotes(1)
  • chapel hill insurance(1)
  • personal property(1)
  • cheap home insurance(1)
  • durham car insurance(1)
  • comprehensive coverage(1)
  • online home insurance quote(1)
  • coverage(1)
  • tickets(1)
  • cheapest business insurance(1)
  • classic car insurance(1)
  • policies(1)
  • low cost business insurance(1)
  • full coverage(1)
  • business insurance(1)
  • contents(1)
  • cheaper(1)
  • durham insurance(1)
  • consent to rate(1)
  • insurance policy(1)
  • auto insurance quotes(1)

View Mobile Version
Facebook
Twitter
Google+
Get Directions
Contact Us Today
Resources
Products
Customer Service
Payment Options
Report a Claim
News
About Us
Refer A Friend
Our Carriers
Blog
Contact Us
Contact us 2530 Meridian Pkwy
Suite 300
Durham, NC 27713

P: 919.322.3640
F: 919.746.7877
E: lhayes@triangleinsure.com
© Copyright. All rights reserved. Powered by Insurance Website Builder.