8 Tips To Get Cheaper Auto Insurance
Car, home, health… You multiply the insurances to cover you in case of disaster or accident. But you could be just as well covered and pay less.
1. Sort it out
We all have insurance contracts to protect us on a daily basis (car, home, health…). There is a real risk of having to Identify your duplicate insurance: legal protection attached to a car contract, assistance section of high-end bank cards, additional school insurance, etc. Another example: when you buy household appliances, you have to pay for additional guarantees for their replacement or repair. It is more advantageous to take the “household appliances” option included in your home insurance. Reread your insurance contracts and clean up your act!
2. Adapt your coverage
If you are over 50 years old and your health insurance covers medical expenses related to maternity, it is unnecessarily expensive. If you don’t drive much, the insurance per mile is interesting, it will save you up to 15% on your car insurance premium. If your vehicle is more than 8 years old, it will be more suitable and more advantageous than comprehensive insurance. If you bought your furniture at a flea market or if it is not of great value, you should take out compensation for the value in use of your home insurance rather than replacement value. By adapting your guarantees to your needs, you save money.
3. Increase your deductible
An insurance deductible is the amount of money you have to pay in the case of a claim. Accepting a high deductible can reduce your insurance premium by up to 25%.
4. Get equipped
Some insurers apply a discount of 20 to 100 dollars per year on your home insurance premium, if you are equipped with an alarm. This investment will quickly pay for itself! Driving a clean (hybrid, electric) or safe (equipped with a geolocation device) vehicle can give you financial advantages, depending on the car insurer.
5. Opt for an annual payment
Ask your insurer to change the frequency of your insurance premium payments. It’s better to pay it all at once, and you can save up to 10% compared to monthly payments.
6. Don’t report all your claims
When it comes to car insurance, the amount of your premium depends on your bonus-malus. It is better to avoid declaring all small claims (broken headlight, scratches…). Taking care of the repairs allows you not to have a malus. The fewer claims you make, the less you will pay.
7. Consolidate your contracts
Consolidate your contracts with the same insurer. You can save 10 to 20% on your insurance premiums for one year. Sponsoring your friends and family can also help you save on rates. Make the most of your loyalty.
8. Compare offers online
The use of a website allows you to quickly and easily compare insurance contracts, prices and formulas. It is now easy to change your contract, especially for home and car insurance.