A majority of consumers would declare auto insurance as too expensive as annual premiums often amount to thousands of dollars and then a single claim can include a $250-$1,000 deductible.
Of course, savings are available for motorists willing to put in some effort.
Prospective and existing policyholders alike could save money in various manners today as nobody should settle for overpaying for any car insurance product.
Discounts Offered for New Auto Insurance Customers
For prospective policyholders, a variety of auto insurance savings and discounts are available.
Discounts are available for students, members of the military, and even drivers with good driving records.
Multi-policy and multi-car discounts are available through most insurers, too.
Otherwise, it never hurts to compare prices among different insurers.
Negotiations are sometimes possible with car insurance providers, if a lower price has been quoted at a competing company.
Discounts Offered For Current Auto Insurance Customers
Existing auto insurance policyholders have fewer options for cutting their annual premiums.
For starters, they can call the insurance provider and voice discontent over high premiums.
Long-time customers are difficult to hold onto and insurance companies are sometimes willing to cut a deal to retain a given policyholder, although that's not always the case.
Therefore, policyholders shouldn't hesitate to shop around for car insurance from other providers in order to save money.
Loyalty to a company doesn't always yield the lowest rates after all.
Lower Auto Insurance Rates Can Be Found
Auto insurance is something that drivers can't avoid purchasing today.
All states require minimum car insurance coverage and those without coverage cannot operate a vehicle legally.
In the end, cheaper auto insurance is available to those willing to look for it or those willing to switch to a more cost-effective provider.
Even a slight discount of $100 or more per year makes a big difference for the average motorist.