Clip your car insurance rates today

When was the last time you reviewed your car insurance policy before it auto-renewed? A review of your vehicle policy should be routine. Staying on top of your auto insurance needs can help you manage the cost of coverage. It also helps you maintain the protection you need. Here are a few areas to consider the next time you review your car insurance policy.

Consider your deductibles
Review your budget and determine if you can afford a higher deductible in the event of a car accident. Maintaining a high deductible can be an excellent way to save money, but you don’t want to increase it beyond what you can afford.

Shop around
Even if you really like your auto insurance provider, it doesn’t hurt to shop around. You owe it to yourself to discover what pricing and level of service other providers offer. A number of websites are available to help you shop for and even purchase a policy without having to speak to an agent.

Bundle your insurance
Next, check to see if your car insurance carrier offers discounts for bundling home or rental coverage with your auto insurance. On average, most insurance companies offer discounts up to 16 percent for bundling policies together.

Don’t miss out on discounts
You may be able to lower your premium by locking in more discounts. There are a variety of discounts available for things such as reducing your commute to work, improving your credit score, your teen driver making good grades and taking a defensive driver course.

Be sure to mention special safety features
Does your vehicle come with safety features such as an alarm system, air bags or anti-lock brakes? If so, this could mean additional savings for you.

Without a regular review of your auto insurance policy you could be missing out on possible discounts and best possible coverage. Talk to your bank or Credit Union to see what savings you might be missing.

Article provided by Local Government Federal Credit Union.
The advice provided is for informational purposes only. Contact your auto insurance representative for additional guidance.