'Tis the season for the holidays -- leaving our waistlines a little bigger and our bank accounts a little smaller! While we can't offer any advice for keeping your diet on track (that's what January's for, no?), we can help you save a little money this holiday season.
How? By reviewing your car insurance policy, of course!
As the inforgraphic ave illustrates, there are many ways to trim your auto policy. Here are some more top money-saving tips:
1. Bundle up!
We're not talking about outerwear: you save money when you buy multiple policies with an agency. Bundling homeowner's, life and car insurance policies can typically save you anywhere from 10-15%.
2. Up Your Deductible
Did you know that increasing your deductible from $500 to $1000 could save you as much as 20%? That's $200 off a $1,000/year policy. Usually, it's better for your wallet to pocket the savings from a higher deductible and just pay a little more out of pocket in the event of an accident.
3. Ask for discounts!
Did you know many insurance companies offer discounts for good grades? Special rates for teachers, active military or medical personnel? Savings for going a certain amount of time without any tickets? Ask your agent what kinds of deals they offer -- you may be surprised by what you qualify for!
The bottom line? Call your agent to see what discounts you might qualify for. Different drivers have different needs -- and there is no one-size-fits-all approach. But, working with your agent could be the key to saving a little money, making it a very merry holiday season indeed!
Source: Trusted Choice | Consumer Reports
Tags : car insurance, auto insurance, save money, deductible, bundle
 November 16 at 8:00am · Share
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