College students are always looking for ways to save money, and car insurance is no exception. In fact, there are a few things you can do to lower your premiums and keep more money in your pocket. Here are 10 tips for college students on how to save on car insurance:
Shop around and compare rates.
Shop around and compare rates. Don’t just go with the first company you find. Get quotes from several insurers and compare rates before buying a policy.
Ask about discounts.
Ask about discounts. Many insurers offer discounts for good students, drivers who have taken a defensive driving course, or those who have made no claims in the past year or two. Be sure to ask about any discounts that might be available. If you need SR22 insurance be sure to ask how much does an sr22 cost per month.
Raise your deductible.
Raise your deductible. A higher deductible will lower your premium, but make sure you can afford the out-of-pocket expense if you have to file a claim.
Don’t buy unnecessary coverage.
Don’t buy unnecessary coverage. If your car is paid off and doesn’t have much value, you may not need comprehensive or collision coverage. If you need only basic coverage just get that. If you need SR22 insurance be sure to google which insurance companies offer sr22
Keep a clean driving record.
Keep a clean driving record. Accidents and tickets can raise your premiums, so be sure to drive safely and obey the law.
Park in a safe location.
Park in a safe location. If you park in a locked garage or parking lot, your car is less likely to be stolen or damaged.
Use public transportation.
Use public transportation. If you can take the bus or train to school, you may be able to get a discount on your premium.
Drive fewer miles.
Drive fewer miles. The less you drive, the lower your premiums will be. This simple strategy can save you a lot of money over the course of a year.
Bundle your policies.
Bundle your policies. If you have car insurance, homeowners or renters insurance, and life insurance from the same company, you may be able to get a discount.
Shop around for student rates.
Shop around for student rates. Some insurers offer discounts for good students, so it pays to comparison shop.
Buy an older car.
Buy an older car. Newer cars are more expensive to insure than older ones.
Ask about group discounts.
Ask about group discounts. Many insurers offer group discounts for students who belong to certain organizations or associations.
By following these tips, you can save money on your car insurance and keep more cash in your pocket. For more information, contact an insurance agent today.