Three Ways to Lower Auto Insurance Premiums

If you are like most consumers, you are always on the look out for low rates on car insurance, or ways to lower your car insurance rates. But what are the best ways to get the best auto insurance rates? Even if you don’t qualify for a good student discount or have a membership in an auto club, here are three things you can do right now to make sure you are getting the best auto insurance deals you can find.

First, you have to look for them. Seems obvious, right? But often people get complacent and never shop around to see if they could get a better rate. Experts suggest that you shop for auto insurance once a year; if you work with an insurance agent, see if your agent will match an online price quote, which is typically a lot lower than standard insurance rates. Taking some other insurance rates out for a test-drive is the best way to get a deal.

Second, what discounts do you qualify for? It’s true that insurers now factor in things like your credit score and parking tickets when determining your rate. But many also offer substantial discounts to good students, those with clean driving records, and members of professional organizations such as Mensa, the Dental Hygienist’s Association, and many alumni groups. Geico, for instance, has 200 qualifying groups that can save you up to 27%.

Third, take a closer look at what you are paying for and look into alternatives, such as pay-as-you-go insurance or package deals
. For example, if your kid’s car is sitting in the garage while she’s off at college, some companies will let you take advantage of a discount rate for cars that are driven less than 2,500 miles a year. Or, you could save 10-20% by packaging your auto insurance and renters insurance at the same company. It pays to check out package deals with whoever holds your policy; they might give you a discount just for asking!

If you’re looking for the best auto insurance rates, check back with Go Insurance Rates often as rates information changes daily.