Whether drivers visit our Freehold, NJ Chevy dealership to see our inventory of new or used Chevrolet vehicles, they often ask us if we have any advice that can help them lower the cost of their auto insurance. Just because car insurance is required in nearly every state doesn’t mean you should pay more for it than is necessary. Here are some tips from our finance experts on how to lower your insurance premium.
Maintain Good Credit
Luckily, there are some things you can do to try to lower the cost of your car insurance. One of the easiest things you can do is maintain a good credit score. Studies show that people with good credit are less likely to file insurance claims, so carriers reward them with lower premiums.
Bundle Your Homeowners and Car Insurance Policies
A lot of insurance companies will offer you a discount if you bundle multiple policies with the same carrier. If your homeowners and car insurance policies are with different insurers, bundle both types of coverage with the carrier that will give you a multi-policy discount.
Raise Your Deductible
When you contact our Chevy dealership near Brick, NJ, we’ll tell you that raising your deductible will often yield a lower auto insurance premium. If you can afford to pay more out of pocket if you have to file a claim, you may want to raise your policy’s deductible.
Keep Your Driving Record Clean
To keep your insurance premium as low as possible, keep your driving record free from any blemishes. Drive responsibly and avoid speeding or reckless behavior that could result in you getting a ticket.
Ask for Discounts
Bundling policies isn’t the only way you might qualify for a discount. Contact your insurer to see if you’re eligible for any other discounts.
For more tips to lower your car insurance premium, visit Lester Glenn Chevrolet of Freehold!