The problem with most new years resolutions is that while people are extremely motivated in the first few days or weeks of the year, this motivation will often wear off before they are able to accomplish their overall goal. That is why the resolution to save money by lowering your monthly car insurance premiums is truly the perfect resolution. Not only can you accomplish this task before your motivation starts to give way, but you can even use the money you save to help you accomplish a few of your other goals for the year. Best of all, all you need to do to make this resolution a reality is to choose one or both of the money saving tips below.
Tip #1: Take A Defensive Driving Course
With this tip, you will be able to accomplish your new years resolution in just a matter of hours. This is because once you have completed a short defensive driving course, either onsite or online, you will become eligible for a discount on your auto insurance. While not all insurance companies will offer the same exact discount, it is quite common to receive a discount of around 10% just for taking the time to brush up on your safe driving skills.
In order to receive this discount, you will need to provide your insurance company with your certificate of completion from the course you attended. In most cases, this discount will only be good for one calendar year. Consequently, if you want to continuing enjoying your reduced rates, you may want to make an annual driving course part of your holiday traditions.
Tip #2: Drive Less And Accurately Report Your Average Mileage
The more time you spend on the road each day, the higher your insurance rates are going to be. This is because the more time you spend on the road, the greater your risk will be of being involved in an accident. This is precisely why insurance companies ask questions regarding the primary use of your vehicle and how many miles you travel on the average day.
Taking small steps, such as carpooling with a co-worker, can greatly reduce the amount of time you spend behind the wheel and ultimately reduce your auto insurance rates as well.
The most important thing to remember when using this tip is to report the change in your average daily mileage to your insurance company. If you do not report this change, you will not be eligible for a lower rate.
Check out companies such as Spitz & Miller Insurance Agency Inc. for more information.Share