As you probably know, your deductible is the amount of money you have to pay after an accident, theft, or damage to your vehicle before the insurance company picks up the tab.
By choosing a lower deductible, you’ll have a higher annual premium. On the other hand, when you choose a higher deductible, you’ll pay a lower annual premium.
It could work in your favour to change your deductible, so ask your insurer how your premium will be affected if you raise your deductible.
5. Install Anti-theft Devices
You could cut the costs of your car insurance by installing anti-theft devices on your car, such as a car alarm or LoJack.
But make sure you find out from your insurer which devices can enable you to lower the cost of your insurance before you proceed.
6. Improve Your Credit Rating
While your driving record makes a difference to the cost of your car insurance, don’t forget that your credit rating can also affect the price of your auto insurance.
Therefore, if you can improve your credit score before your next road trip, by doing things like paying bills on time and not taking on any debt, you could make significant savings on your car insurance.
7. Take a Defensive Driving Course
If you have plenty of time before your next road trip, you could save money on your auto insurance by successfully completing an accredited defensive driving course.
Just make sure you talk to your insurer about this option before you sign up for a course. To qualify for a discount on your insurance, you may need to complete a specific course.
Also, you need to find out how much money you can actually save by completing a defensive driving course to make sure it’s worth your while.
Northern girl Laura is the epitome of a true entrepreneur. Laura’s spirit for adventure and passion for people blaze through House of Coco. She founded House of Coco in 2014 and has grown it in to an internationally recognised brand whilst having a lot of fun along the way. Travel is in her DNA and she is a true visionary and a global citizen.