Save money on your car insurance!
Saving on your auto insurance involves more than just comparing prices. Be sure to check your coverages, make sure your policy is correctly rated, and make sure you are getting all the discounts that apply to you. Here are some ideas:
Do you have the right coverages?
- Could you save with a higher deductible? Take as high a deductible as you can reasonably afford to cover. You will save on your premium, and you will be less tempted to turn in little claims that can count against your driving record.
- Do you still need collision? Dropping collision on older vehicles can save a significant amount.
- Do you still need rental coverage and towing?
- Check your rating factors. Make sure you have the right drivers listed, and that each vehicle’s use is listed correctly.
- But don’t be too cheap with your car insurance. Make sure you have adequate liability and medical protection
Are you getting all the discounts you qualify for?
- Defensive driver discount: In New York, you can save 10% on liability and collision premiums by taking an approved accident prevention course. Courses are available in a classroom setting or online.
- Multi-car discount: Applies when you have more than one vehicle on a policy.
- Multi-policy discount: You can also save by insuring both your auto and home with the same company (if you are a renter, the savings on your auto policy can offset half or more of the renters policy cost).
- Pay-in-full discount: Several companies have a discount if you pay the premium in full for the year. You also save on installment and billing fees.
Check with Erie Insurance
Car insurance is ERIE’s specialty. They offer competitive pricing and superior claims service. Here are some other benefits:
- First accident forgiveness – applies after you’ve been with ERIE for just three years!
- Safe Driver Discounts
- A local agent to provide service and advice!
And of course:
- Drive carefully – most companies offer safe driver discounts, and you may be eligible for preferred pricing
- Choose a safe vehicle – but be sure to call your agent, because it’s not always obvious which vehicles are the cheapest to insure
- Lower your insurance score – most companies take your insurance score or credit score into account. The basic idea is to simplify your financial life: fewer credit cards, lower balances, fewer applications for new credit.
