2017 is almost over and 2018 will be here before you know it. If your resolution is to save more money this year, you may be looking to cut back on the amount you pay for auto insurance. By asking the right questions, you may be able to easily and quickly save money, without even changing your auto insurance policy or provider. Here are a few of the questions you should ask your auto insurance company that may help you to save money on your auto insurance policy.
How Many Miles Per Year Is the Auto Insurance Policy Set At?
When you sign up for auto insurance, one of the questions you are asked is how far you commute each day or how many miles you drive per month or year. However, if you have since changed jobs, begun carpooling, or now stay home with your kids, you may drive fewer miles than you used to. Most auto insurance policies assume you drive 12,000 to 15,000 miles per year. If you drive fewer miles than this, you may be eligible for a discount. Always ask how many miles your insurance policy is set at and what it will cost if you adjust it downward.
Will Bundling Save Money?
Another key question you should ask is whether bundling will help you save money. Often times, you will get a discount on your insurance policies if you bundle auto insurance with things like home or renters insurance and/or life insurance. If you have multiple policies, ask if you can save money by bundling them.
How Much Will Increasing a Deductible Save?
Many people are weary of increasing their deductible. But you often pay a lot more for a lower deductible. Increasing your deductible from $250 to $500 can decrease your costs. And in the long run, you usually save the difference in the deductible amount, as long as you are not involved in frequent accidents.
What Other Discounts Do You Offer?
The last question you should ask is what other discounts the insurance company offers that you may be eligible for. You may have recently gotten married and may not be taking advantage of the discount that comes along with this. Or you may be eligible for a safe driving discount, but it has not been applied to your account. Always ask about discounts as there may be some that you simply are not taking advantage of yet.
There are many ways that you can save money on your auto insurance policy that you may not know about. In many cases, you simply have to ask for them. If you are looking to save money on your auto insurance policy in the upcoming year, be sure to ask your agent these questions. For more information, contact companies like LA Insurance.