October 9

How to Save Money and Get Discount Automobile

Regardless of what vehicle they own, drivers in Michigan all have one thing in common. They all want to know how to save money and get discount automobile insurance in their state. Finding a good price on car insurance doesn’t have to be difficult. All a driver needs is an idea of the level of coverage they require and a few hints about available discounts.

In the state of Michigan everyone who owns a car must have no-fault insurance. This comes in three distinct parts. They are personal injury protection, property protection and residual bodily injury and property damage liability insurance. For someone with an older car, they can certainly save money just by purchasing a bare minimum no-fault insurance policy.

If you live in this state and you drive a newer vehicle that requires more coverage you can still find discount automobile insurance. One good way to save money on any policy is by requesting a higher deductible. The deductible on most policies tends to be low and if you raise it by several hundred dollars, your premiums will drop. It’s very important to only consider doing this if you have enough money saved to cover the deductible should you be in an accident.

Keeping a good credit rating is another way to ensure you enjoy the best automobile insurance rates. A person’s credit history is taken into account when a quote is given for car insurance. With that in mind, try and pay all your bills in a timely manner, as it doesn’t just affect your credit score but your automobile costs too.

Parking your car in a locked garage is seen as a safety feature and can actually give you a small percentage discount off your auto premiums. If you do plan on using your garage for your vehicle, mention this to your insurance agent so they can factor in the discount when preparing your policy.

Posted October 9, 2016 by mimin in category "Finance