Use These 5 Tips to Save Money on Insurance Premiums!

By Product Expert | Posted in Tips and tricks on Tuesday, March 8th, 2022 at 11:12 pm
two miniature cars on top of a insurance premium

5 Tips to Save Money on Insurance Premiums  

As responsible people, we are all aware of the importance of finance in our lives. It is sensible and practical to have proper automobile insurance, but there is no denying that it contributes to the cost of traveling. The incredible thing is that premiums can range from hundreds of dollars to thousands of dollars, depending on various criteria. If you have basic insurance coverage or comprehensive auto protection, it is critical to shop around to find the best cost. Nevertheless, car insurance is mandatory in the United States, and Team Gunther Kia in Daphne, AL, will bring in 5 tips to save money on your insurance premiums.   

1. Compare Different Policies   

Do your research before deciding on a specific insurer. Evaluate premiums set by several car insurance companies by going on the internet. Furthermore, every year or two, it is generally good to get quotations from different firms to see if there is a better deal available on the market.  

insurance agent checking a car after accident for premium deductions

2. Get The Necessary Security Devices  

Insurance Premiums go significantly down if you have security devices on your car. Anti-theft mechanisms like alarm systems, ABS, steering wheel locks, and so on would do the work for you. But make sure the security devices are authorized by your government regulatory body and the OEM.  

Key Features and Specifications of the 2022 Kia Seltos S IVT

3. Keep a Check on Voluntary Deductions  

In insurance terminology, voluntary deduction refers to the amount that must be paid in the event of a collision. In the event of an accident, you will get the entire claim value if your voluntary deduction is zero. If you are hesitant to file minor claims because you do not want your premium to increase, increasing your deductible can be a clever idea.  

4. Credit History is Important.  

Having a good credit record has a lot of advantages, including cheaper insurance prices. Many insurers use financial data to price auto insurance coverage. Then again, it is understandable that a motorist with a history of collisions could end up costing the insurance company thousands of dollars. Be conscious that your credit score may play a role in determining your insurance prices and do everything you can to keep it as high as possible.  

two cars in an accident

5. Stay Away from Unwanted Modifications and Accessories.   

The more gadgets and accessories you have, the more your premium will be. Even an alloy wheel, lift kit, exterior mods can catch the eye of the insurer and increase your premium. So, it is wise and best to keep your car as it is to earn benefits from both the insurer and the OEM service team.   

2022 Kia Sorento Interior Amenities

Get Financing from Team Gunther Kia  

Auto insurance premiums are anticipated to continue to develop in the coming years. There are, nevertheless, several things you may do to lessen the sting. These five-pointers should help you get on the right track. Ensure to shop around for the best auto insurance companies to discover one that meets your demands and matches your wallet. For more informative tips and excellent new Kia vehicles, visit Team Gunther Kia in Daphne, AL.