BridgeNet Insurance discusses several options for reducing auto insurance premiums with low-code insurance, including including insurance costs when purchasing a vehicle, researching rates which vary based on vehicle type and safety record, increasing deductibles to lower premiums at the risk of paying more out-of-pocket for claims, and bundling home and auto policies for a multi-policy discount of up to 10% with the same insurer. Quotes should be obtained from several insurers as costs can vary by hundreds or thousands depending on factors like vehicle type. Increasing deductibles is another way to lower premiums by paying the first $1000-1500 of claims yourself.
2. Discussion Overview
In terms of the automobile insurance, we all
complain about the costs that mount over. For
lowering the auto insurance expenses, what
are our options? You need to look into the
following list of opportunities for reducing the
cost of your auto insurance with low-code
insurance.
3. Include Auto Insurance Costs
Within the Cost of your Car
Purchase
Buying a car is significantly an
initial expense, and auto insurance is a
sizeable subsequent expense in your
ongoing cost of ownership, to start with.
On the vehicles that you consider to
buy, you should always look into the cost
of the insurance that is being
offered to you.
5. WHEN YOU ARE INCREASING YOUR
DEDUCTIBLE
FROM $500 TO $1000, YOU CAN SAVE AT
LEAST 10 PERCENT OR MORE. YOU WILL BE
PAYING $1000, AND YOUR INSURANCE
COMPANY WILL PAY $1500 IF YOUR CLAIM
IS $2500,
AND YOUR DEDUCTIBLE IS $1000.
6. Research the
Auto Insurance
Rates
Thatcover a range of factors such
as the exposure to the risk of
injury or theft,
of your flashy or sporty vehicle, the
cost that is involved, along with the
cost to fix, past claim history, overall
safety records and rest is how the
insurers rate the vehicles on a risk.
7. Get Quotes from Different
Insurance Agencies
SINCE THE COVERAGE COSTS FROM ONE INSURER TO
THE NEXT
CAN VARY BY HUNDREDS OF DOLLARS, AND POSSIBLY
THOUSANDS OF DOLLARS, YOU SHOULD
OBTAIN SEVERAL QUOTES THROUGH DIFFERENT
INSURERS.
8. When you increase the
deductible
on the comprehensive
and collision portion of
your insurance policy,
you can
get your insurance
premiums considerably
reduced. In the event
face an accident
and file a claim, you will
have to pay the
deductible out of your
own pocket.
Raise your
Deductibles
to Save
Money
9. Purchasing home and vehicle
insurance from
the same insurer to save money
YOU MIGHT BE QUALIFIED FOR
ANOTHER DISCOUNT, WHICH MIGHT SHAVE UP TO
ANOTHER 10% ON BOTH THE POLICIES WHEN
YOU ARE PURCHASING YOUR HOME AND
AUTOMOBILE INSURANCE POLICIES WITH THE
SAME
INSURER.
10. Get in Touch with Us!
49 Archdale Street, #1F Charleston, SC
MAILING ADDRESS
tmorris@bridgenetins.com
EMAIL ADDRESS
843-723-8701
PHONE NUMBER