Four Tips To Lower Your Auto Insurance Premium

The following is a post from Craig Crawford of Southern Way Insurance Agency. Craig has been a contributor to Cumming Local since the creation in 2010. We are blessed to have him share some insurance tips with us today!
I think we can all agree that we’d like to save money on our monthly bills. Some bills we aren’t able to lower. But there are some that we can have control over. Your auto insurance premium is one of those bills. And we all want to have lower auto insurance costs, right? I have been in the insurance industry for over 25 years. Today, I’m taking my expertise and sharing with you a few ways that you lower your auto insurance premium right away.

Combine Your Auto Policy With Your Homeowners Policy

My advice would be to use the same company for your auto and homeowners policy. In fact, in our office we have companies that offer up to 35% savings if you combine your home and auto coverage. If you have two separate companies covering your auto and home, you could be paying way too much!

Increase Your Comprehensive And Collision Deductibles

If you have comprehensive and collision coverage your vehicle(s), you could look into increasing the deductible you’d pay. I tell my clients that my recommend action is a $1000 deductible at a minimum.  By doing this, you are not only saving money on the overall auto insurance premium, but you are also eliminating filing smaller claims. You see, when you file small claims (i.e. less than $1500) you are going to have your premium increase at the time of your renewal. And a little insider information for you – these small claims can stay on your record for up to 5 years!

Pay Your Premium In Full For The Year

I recommend paying your auto insurance premium for the full year instead of monthly, if possible. Did you know that some companies are charging up to a $12.00 fee each payment made? If you can’t do the full year at one payment, you could possibly look into paying quarterly.

SHOP SHOP SHOP!

This is one of the most important tips I give my clients. Shopping around is so important! If you have been with your current company for several years without shopping you most likely paying too much! You don’t have to do the shopping around yourself. Give me a call or email anytime and I’d be happy to look around for you. My office number is 678-965-4243.

Southern Way Insurance Agency is an independent agency.   We can shop your coverage for you with several different companies to make sure you are getting the best bang for your buck! Call me anytime for a free quote – 678-965-4243

Craig Crawford has over 25 years in the insurance industry.   He graduated from Georgia College and State University in 1994 with a  major in business.   He joined Southern Way Insurance Agency in 1999 as an owner in the agency.   Craig became an Accredited Adviser in Insurance in 2006  (AAI).
 
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