If you drive a car, then there’s no question that insurance is a must. Auto insurance in Lake Tahoe helps protect you should you be in accident and is usually required by law. However, just because you have to have auto insurance doesn’t mean you have to spend an arm and a leg paying for it. If your monthly premiums are putting a dent in your wallet, consider these strategies to help you lower the cost of your insurance.
Avoid driving a car that is expensive to insure. There are several factors that affect how much it costs to insure your vehicle. Cars that are routinely targeted by thieves, cars that have poor safety records, or cars that cost extra to repair may require you to pay higher premiums. If you find that your premiums are too steep for your specialty or high profile vehicle, then you may want to consider investing in something a little more mainstream.
Learn how to drive less. Some insurance providers will give you a discount on your auto insurance in Lake Tahoe if you cut down on the miles you drive. Why? The more time you spend on the road, the more likely it is that you will be involved in an accident, and vice versa. Start up a carpool with your coworkers, walk or bike in nice weather, and consolidate trips to the grocery store, the pharmacy, etc.
Requesting higher deductibles can also reduce your monthly premium. Your deductible is the amount of money you pay out of pocket before your insurance kicks in. When you raise this amount, your premium goes down. Depending on your circumstances, this might be a good strategy for you. Just keep in mind that should you need to use your insurance you’ll pay more upfront then you would if you keep deductibles low.
If you have a teen driver, ask your insurance agent about any special discounts that may be available. It’s a well-known fact that teenagers aren’t often the most cautious or careful drivers, making them pricey to insure. However, your insurance provider may discount your premiums if your student keeps his or her grades up or participates in a defensive driving education course. As your teen gets older and heads off to university, additional discounts may apply if your student opts not to take a vehicle, so be sure to check with your agent.
Though auto insurance in Lake Tahoe is a must, you can still save money on this necessary expense by driving inconspicuous vehicles, driving less, opting for higher deductibles, and getting more information about possible discounts for teenagers.
Are you looking for auto insurance in Lake Tahoe? Greater Sierra Insurance Services will meet all your personal and business insurance needs.