Auto insurance is without a doubt one of the costliest purchases that many consumers hope never to use. Whereas it is always prudent to purchase the right Mesa, AZ auto coverage, it often costs more to insure new vehicles as compared to 5, 7, or 9-year-old cars. The following are 5 helpful tips from Lifetime Investments, LLC on how you can save money on your next auto coverage:
1. Do Not Let Your Insurance Cover Lapse
Even if you have only been insured for a single year, the rates are likely to drop by 7.7 percent. Discounts offered by many insurers are often affected by the total liability coverage amount captured on your policy. This means that the higher your liability limits, the better discounts you are guaranteed to get.
2. Consider Bundling
It is common for an insurer to provide an attractive discount on your auto insurance if you have purchased another insurance policy from them. It could be a homeowner’s, life insurance, or even renter’s insurance. Lifetime Investments, LLC serves Mesa AZ and the surrounding cities and offers a wide range of insurance packages.
3. Ensure You Maintain Good Credit Scores
Insurance companies are often allowed by the state authorities to use credit score results when setting premiums. Inquire from your insurer whether they do this. But be sure to regularly check and correct any credit reporting errors that you may have.
4. Always Be Ahead of the Game
It is best to make sure you get your cover at least 10 to 15 days before it lapses to guarantee you better rates. It is a helpful tip if you already know that your auto insurance policy is due for renewal and are interested in switching insurers.
5. Drive Safely
Even though this is a good tip for your general well-being and for the safety of your fellow motorists, it also saves you from potential rate increases. Accidents often lead to an increase in your annual premiums.
For more information on auto insurance and coverage options, feel free to contact our offices via email or telephone. You can also visit our Mesa, AZ offices, and one of our agents will answer any questions that you may have.