Toyota of Dothan has Tips for How to Save Money on Car Insurance

Jun 19, 2014

Auto Insurance is one of those necessary evils. Even if you don’t have an accident, you still need to be insured. Don’t get stuck paying high premiums if you don’t have to. Instead, take these tips from Toyota of Dothan on how to save money on auto insurance.

Carpool to Save on Insurance

Most insurance companies offer discounts when you have low mileage. Therefore, it is smart to become part of a carpool of at least three people or more, who take turns driving a shift once a week. Many insurance companies track mileage to determine costs. You can cut up to 75% off your miles and save money on insurance that way.

Do Your Homework

Make sure to factor your insurance cost into the overall cost of your automobile before you chose a car. Don’t assume a smaller compact car is going to be less than an SUV. Companies factor many things into the price of your policy. Some of these factors are average repair costs, price of the car, how often they are stolen, safety records and how much

passengers have sustained injuries in crashes.

Increase Your Deductible

It’s a bit of a risk, because if you get into an accident, you will be paying the higher deductible. But if you are generally a safe driver, increasing your deductible will lower your monthly rate. Do your research first though. If your car is over ten years old, the savings you get may not be that much.