Are you wasting money on your auto insurance? There’s a good chance the answer is “yes”! It may not be because you are a bad driver or are a high risk, but because you overlook some easy ways to save.

Some of the best ways to save on car insurance:

1. Failing to comparison Shop. One of the easiest ways to do this is to have all of your insurance placed with an Independent Insurance Agent. As an independent agent we are able to quote your insurance with several different insurance companies. This can save you time and money on all of your insurance needs.
2. Not Combining Policies. Most insurance companies provide deep discounts when you combine your Car Insurance and Home Insurance polices with the same provider. Did you know that some insurers provide discounts by combining your Life Insurance with your car and home coverage? This can really help you save big!
3. Keeping your insurance deductibles too low. If your deductibles are low, this can increase the cost of your coverage substantially. Many people are carrying a $1,000 deductible on their car insurance to keep their overall costs down. If you do choose to carry a higher deductible, make sure you have access to enough money to pay your deductible.
4. Ask for discounts. Teen drivers with good grades may receive a discount on their auto insurance if they do not have any tickets or accidents on their driving record. Many Insurance companies offer Safe Driving discounts or a reduction if your vehicle has any special anti-theft device installed.
5. Paying Extra billing fees.  Some insurance companies charge an extra fee each time you make a monthly payment. This can really add up over a period of time. Many companies offer a paid in full discount or they waive the charge if you sign up to automatically draft your checking account. Did you know that you can sign up to automatically pay your premium with a credit card? 
6. Buying Physical Damage Coverage that won’t pay off. If you have an older car that isn’t worth a lot of money, it may not make sense to purchase comprehensive or collision insurance. That’s because if you have a claim it is based on the remaining value of the car. This many not be worth what you could save in premiums over the years on an older model automobile. So, you may want to consider dropping the extra coverage. 
7. You may or may not need Medical Payments coverage. You may be wasting money if you already have Health and Disability Insurance, but you are paying extra for Medical Payments coverage as part of your car insurance. If you have a large Health Insurance deductible you may want to consider purchasing Medical Payments based on the amount of out of pocket expense that you may have until your Health Insurance policy would pay. Just remember medical payments on an auto policy only pays if you are involved in an auto accident.   
8. Low mileage discounts. If you have retired or your commuting distance from work has decreased, you may be eligible for a low mileage discount. If your driving mileage has changed, make sure that you let us know.

If you have any questions, we would be delighted to talk to you! Send us an email or call us at Cowart Insurance today.