Saving On Your NY Car Insurance
Finding a good price on car insurance can be a headache for New Yorkers, and many people end up paying more than they really need to. Winter is just around the corner, which means an increase in auto accidents and weather-related car trouble. Here are some easy ways to save money on car insurance now to be safe and protected in case of emergency.
Balance Deductibles and Premiums
If you’re looking to reduce your car insurance premium, consider raising your deductible. Although you’ll be assuming more risk for small claims, you’ll pay less per month if you can manage to avoid accidents. But keep in mind that you may have to pay more out-of-pocket for small claims if accidents do occur. If possible, set aside a portion of your monthly car premium savings to cover your costs in the event of a claim.
Ask about Discounts
You may be eligible for car insurance discount in New York through your current carrier and not even know it! Some of the most frequently offered discounts involve multiple policies, being a long-term policyholder, maintaining a good credit rating, keeping a safe driving record, and having anti-theft devices in your car. If you carpool or take public transportation to work, tell your insurance agent because you may qualify for a discount for spending less time on the road. You may be able to save money if you insure all of the vehicles in your household with the same company and tack on your homeowners or rental insurance too.
Choose a Car Wisely
The type of car you drive has a direct affect upon the price you pay for insurance. As a general rule, it’s cheaper to insure a car that’s less likely to be stolen and that will cost less to repair. Stay away from exotic and premium brands to lower your overall costs and choose a car with a high safety rating. Used cars often cost less to insure than new cars, but make sure that you keep your car well maintained and in good working condition to prevent costly repairs.
Online Defensive Driving Course
Honestly, everyone on the road could use a little refresher on defensive driving. But did you know that New York Safety Council’s defensive driving course actually saves you money on your car insurance? The New York Department of Motor Vehicles approved this course for insurance reduction of motorist liability, no-fault, and collision insurance premiums. After completing the course, you’ll receive a guaranteed 10 percent reduction in your automobile insurance for three years. The best part is that it’s 100% online so there’s no boring classroom and no final exam to stress about. For New Yorkers, auto insurance doesn’t come cheaply, but it’s much more expensive and irresponsible to drive unsafe and uninsured. Follow these easy money-saving tips to enjoy the perks of having a car without draining your wallet on insurance bills each month. And if you’re still shopping for car insurance, make sure to obtain quotes from at least three separate auto insurers since rates can vary greatly between companies.