Good insurance policies do not have to cost a fortune. There are some ways that you can save money on them but some of these methods will take time. For example, your insurance policy will be less every month if:
- You’ve never been in a wreck
- You’ve never stopped paying on a policy without cancelling it first
- You’ve never been convicted of a vehicle-related crime
There are ways that you can be a smart shopper, however, and doing so can bring down the amount of money that you pay for insurance right away.
For most drivers, the state minimum insurance is inadequate. You’ll want to make sure you have coverage that will replace your car or repair it in the event that it is damaged. This means collision insurance at the least and comprehensive insurance if you want real coverage you can count on.
This will cost much more than state minimum insurance, but it will give you much more peace of mind.
If you’ve had the same insurance carrier for a while, see if they’ll give you good coverage at a discount. Sometimes, they’ll want to keep you as a client enough that they’ll give you very good rates rather than risk losing you to another company. Ask them what kind of rates they would give you on the ideal protection and, if it’s too much, see what you could do without.
Sometimes, an insurance company will give you discounts if you have a certain type of job. Ask if they give a discount for people in your employment sector.
If you’re buying a new car, remember that expensive cars mean expensive insurance. You’ll get a lot better rates for a subcompact than you will for a German sports car, so keep this in mind when you’re shopping around for a new vehicle.
When you end up in a situation where an insurance company refuses to pay a claim that they owe you, you need a car accident lawyer. They may also be able to help you sue for the damages you’ve incurred from the other driver. A vehicle accident lawyer will sometimes take your case on a contingency agreement—if you don’t win you don’t pay—which is great for people who don’t have the money to pay for their services upfront but who still need a top-notch lawyer to represent them in court.