Do you feel that your auto insurance premium is too high? We have 9 different ways to manage your premium and keep it affordable for you.
1. Keeping Your Record Clean
Did you know that keeping a clean record for 3-5 years can lower your premium? This is one of the biggest factors in determining your premium. Drive safe, don't speed, and obey all traffic laws in order to keep a spotless record!
2. Defensive Driving Courses
If you do happen to have something on your driving record, it is always a good idea to take a defensive driving course in order to potentially get it taken off. They're not too expensive and can save you a lot of money in the long run!
3. Installing Security Systems
In 2013, there were about 700,000 vehicle thefts in the nation. It's always beneficial to purchase a car that has a security system or to install one in your existing vehicle in case this happens to you. Having a security system or an alarm can lower your premium as well as prevent vehicle theft. We don't want you to become a victim!
4. Monitoring Your Credit Score
Having a solid credit score can greatly affect the price of your premiums. Be sure to regularly check your score to make sure there are no mistakes and that everything is accurate.
5. The Location of Your Home
This might sound crazy, but it is one of the factors insurance companies take into account when getting a quote. Living in a rural area decreases premiums because there is less risk since the population is smaller. Be sure to tell us your zip code so that we can get an accurate premium for you. You never know, it could lower your premium by quite a bit!
6. The Vehicle You Drive
Purchasing a vehicle that is costly to repair can drive up the premium. Before buying a new car, come in and let us quote it first. That way, you won't be blindsided when you see that the premium has gone up.
7. How Often You Drive
Driving long distances or driving often can make your premium more expensive. Try using public transportation or car pooling to lower your mileage and your premium. If you don't drive as much as you use to, contact us and let us know so that we can see if it will lower your premium. Keep track of your mileage annually to see if there are any changes.
8. Raising Your Deductible
If you are able to afford a higher deductible, then it can lower your premium. The premium has to be paid no matter if you report a claim or not but the deductible is only paid when a claim is made. If you feel that the chances of a claim are very low, then we recommend taking a higher deductible to have a lower premium!
9. Choosing Your Agent
What is the #1 way to save on your premium? Using a local agent like The Shropshire Agency, of course! Local agents can find you the lowest rates, get you the discounts you deserve, and easily explain everything about your policy. It's always important to have someone on your side and The Shropshire Agency is always here for you!
We want to be your agent. Call us at (806)763-7311 to discuss your policy and lowering your premiums today!