5 Simple Ways to Save Money on Car Insurance
It is a pity, but true: in the month of December, you spend more money than you like. All those gifts and extra groceries cut into it nicely. It’s nice to start the new year with fewer costs. Did you know that, aside from getting an Ohio sr22 insurance bonds, you can save a lot on your car insurance alone? We put 5 tips in a row.
Tip 1: Choose the right car insurance and coverage
Are you planning to buy a new car soon or do you want to change your car insurance, it is important that you look carefully at what kind of insurance you need? It often happens that people actually pay too much for their insurance. To determine which insurance suits you, take a critical look at the car you want to insure.
Is it an old or new car? How high was the purchase value? How many kilometers has the car traveled? Do you have a buffer to buy a new car yourself in case of damage, or is it nice that you still get something back from the insurance?
Depending on all these factors, you can make an informed decision for your car insurance. For example, only choose Allrisk insurance (WA+ Full Hull) if you have a new or expensive car. If you have an older or less expensive car, Allrisk insurance is often not necessarily necessary and it is better to opt for insurance that covers a little less.
Tip 2: Think carefully before you file a small damage
You have taken out insurance and after a while, you drive damage to the car. So what do you do? In any case, wait a while before submitting the damage immediately and first determine whether it concerns large or small damage.
“Why?” you might be thinking now. As soon as you claim car damage, this can have consequences for your damage-free years. This depends on the damage and what kind of insurance you have taken out. Not all damages have consequences for your damage-free years and no-claim discount (such as window damage or theft).
Damages can have consequences for your claim-free years and therefore also on your no-claim discount. By claiming damage, you can quickly make a relapse into claim-free years, which in many cases causes a (substantial) premium increase. Either way, never wait too long to file a claim. Suppose it turns out to be smaller damage, then it can also be repaid to the insurer within 1 year. The relapse in your damage-free years is therefore also reversed.
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Tip 3: Pay your car insurance in one go
Another tip with which you can save a lot of money is to pay the car premium in one go. This is beneficial for insurers, but also for you. With most insurance policies you can choose whether you pay off your premium monthly or in one go. If you pay monthly, insurers will charge extra costs.
If you pay your premium over the entire year in one go, you will not pay these extra costs. Something that can yield quite a nice pocket money!
Tip 4: Avoid double coverages
When taking out your insurance, you can opt for extra security by means of additional coverage. You must take out these coverages separately. Before you opt for additional coverage, make sure you are aware of what you are currently insured for. Think, for example, of legal expenses insurance or accident insurance. It can just happen that you double insure yourself and that would be a shame. Save yourself these unnecessary costs and figure it out in advance.
Tip 5: Discount on your premium by driving safely
And finally, the fifth tip on how to save on your car insurance. If you take out the ANWB Safe Driving Car Insurance, you can get a discount on the premium thanks to a safe driving style. The discount can be as high as 30 percent, depending on how well you drive. After each quarter, your score will be determined and you will receive the discount to which you are entitled. Every little bit is a bonus!