Money Saving Tips

You may not realize it, but the insurance rates you pay for your car can vary dramatically depending on the drivers in your household, the coverages you request, and the kind of car you drive. Listed below are a number of things you can do right now to lower your insurance costs.

Drive Safely

Use your defensive driving skills. The fewer accidents there are overall, the less need there is to increase rates. No accidents or violations on your driving record means no additional surcharges added to your basic rates. In fact, we give everyone with a clean driving record a 10% discount right off the top!

Ask About Premium Discounts

Discounts are available for homeowners, for multiple car households, and for paid in full policies. It's often cheaper for family members who live in the same household to combine their policies. Ask your agent for a price comparison.

Exclude Young Drivers

Since your insurance rates are determined based upon the driver in your household who represents the most risk, excluding young drivers from your policy can have a dramatic effect on your premiums. Savings of 50% and more are common in such cases.

Carry Higher Deductibles

The higher your deductible for comprehensive and collision coverages, the lower your rates will be. InsureMax offers deductibles of $250, $500, and $1000. It is best to attempt to balance your payment amount against the amount you will have to pay if you are involved in an accident.

Shop Wisely

Before considering the purchase of a new car ask your agent how that vehicle will affect your insurance payments. Aside from the vehicle’s value, its cost to repair, susceptibility to theft, and other factors can affect your premiums.

The type of vehicle is also important. Sports cars and other high performance vehicles cost more to insure than regular cars. Sports Utility Vehicles (SUVs) in particular are becoming more expensive to insure.