The average driver pays about $815 per year for auto insurance. But there’s more to your car insurance costs than paying for coverage.
Insurance providers look at your driving history, your age, and the type of car you drive among dozens of other factors. And the riskier they think you are, the higher your insurance costs will be.
For drivers buying auto insurance in Allentown, Pennsylvania, saving money on their coverage is a priority. But when you’re just starting out, it can feel a bit daunting.
We’ve got you covered. Here are a few simple tips to make buying your auto policy as easy and affordable as possible.
1. Shop Around
No matter what type of car you have, it’s always important to shop around for insurance. Get quotes from several providers and compare those quotes in detail.
Look at the types of coverage they offer and the premiums they’ll charge. Use this information to make the best decision for your coverage needs and your budget.
Remember, each insurance agency will offer different premiums often for the same amount of coverage. The more options you compare, the better.
2. Ask for Discounts
Believe it or not, most insurance providers offer discounts. But they don’t advertise them. You need to ask if you want to lower your premium costs.
When shopping for quotes, take the time to ask about any current promotions or discounts. Once the representative or agent starts digging, they often find at least one money-saving option.
But unless you ask, you’ll get stuck paying full price.
3. Think About Your Car
Older cars are cheaper to insure in the first place, but you can often lower your costs further.
Take a look at the resale value of your car. Is it lower than the premiums you’d pay for comprehensive coverage over the year?
If the answer is yes, consider cutting back on your collision or comprehensive coverage. It could be cheaper to pay for repairs out-of-pocket.
If your car is newer, keep your coverage limits high and look for other ways to save.
4. Be Mindful of Your Credit Score
Insurance companies consider your credit score when determining your premiums. The higher your credit score, the better your premiums will be. So, start checking that score on a regular basis.
If you have a low score, start working on building your credit. Pay down existing debts and avoid taking out any new loans or credit cards.
Once your score increases, schedule an insurance review or start shopping for new coverage.
5. Consider a Higher Deductible
The deductible is what you pay out-of-pocket anytime you file a claim. When you have a low deductible, the insurance provider covers more of the repair costs when you file.
This results in higher monthly premium payments. Why? Because the provider wants to recoup their money as much as possible.
The higher your deductible, the lower your monthly premiums will be. This means you can get higher quality coverage for a lower monthly premium. But remember to use your discretion.
You never want your deductible to be so high that you can’t afford to file a claim.
6. Maintain a Good Driving Record
Safe drivers are less of a risk for insurance companies. It’s only when you get in accidents that you cost the company money.
Do your best to maintain a good driving record. Always go the speed limit, avoid texting and driving, and do everything you can to avoid getting into accidents.
If you take a defensive driving course to further improve your skills, it could even earn you a lower insurance rate! Speak with your agent to see if you’re eligible.
7. Schedule Annual Insurance Reviews
A lot can change in a year and insurance is no exception. Schedule an annual insurance review with your insurance agent.
They’ll look at your current insurance needs and see if you’re eligible for any new discounts or coverage savings. In some cases, they’ll even find a better insurance policy that helps lower your costs.
8. Bundle Your Policies
Juggling policies with multiple providers is time-consuming. But it can also cost you a small fortune.
By bundling your homeowner’s insurance with your auto insurance policy, most providers offer you a significant discount.
When shopping, find out what types of bundles the provider offers and how much combining coverage can save you. It might not be enough to make the switch, but you’ll never know unless you ask.
9. Keep It Local
It’s tempting to shop for auto insurance online, but it’s not the best idea. You need a local insurance agent to look out for your interests.
Large national chains and online-only providers won’t give you that kind of service. This makes it more difficult to file a claim, make sure things get settled fast, and make changes throughout the year.
Instead of checking the computer first, make an appointment with your local insurance agent. Let them assess your insurance needs and find the best coverage possible.
This way, you’ll always have someone to turn to when you need help. And it won’t be a faceless stranger in a call center.
10. Compare Value vs. Price
When you’re buying auto insurance in Allentown, Pennsylvania, it’s tempting to base your decision on price alone. After all, you have bills to pay and loved ones to care for.
But when you pick a policy on price and nothing else, you could end up with inferior coverage. Instead, pick a policy based on the overall value.
Paying a little more for much better coverage and higher insurance limits is far better than paying less for too little.
Find the Best Auto Insurance in Allentown, Pennsylvania
Buying auto insurance in Allentown, Pennsylvania doesn’t have to be stressful. You just need to follow these tips and speak with your local insurance agent. There’s never a bad time to start looking for a policy.
Contact us today to schedule a consultation. Our friendly agents will help you find the coverage you need at an affordable price.
