At Ocean Harbor Insurance we pride ourselves in offering some the lowest car insurance rates available. But did you know there are actually some ways that you can personally manage the costs of your auto insurance? There are a number of simple steps that you can take to ensure that you are getting the best rates and the most appropriate insurance for your automobile.
Let’s jump in. Here’s how you can ensure that you get the lowest possible Ocean Harbor casualty insurance quote:
Got an older vehicle? Reduce the coverage
If you drive an older vehicle, especially one that is paid in full, you do not necessarily require full coverage. A good rule of thumb is that if the value of the car is less than ten times the insurance premium, it’s not necessarily cost-effective. You can leave out collision and comprehensive coverages, in such cases, to drastically reduce your auto insurance premiums.
Raise your deductible
A deductible is how much you pay out-of-pocket before your insurance kicks in to cover costs related to your claim. The higher your deductible, the lower your insurance premium.
This requires a bit of planning to ensure that you have the most appropriate deductible. You need to know your finances can comfortably cover your deductible in case of an accident. There can be a noticeable difference in your Ocean Harbor casualty insurance premium if you pay $250 as a deductible rather than a $1000 deductible. Just be sure you are not putting yourself in a position where you are unable to pay the deductible and thus not benefit from your coverage at all.
Low-mileage drivers pay less
Low-mileage or infrequent drivers pay lower premiums than people who are on the road constantly. The logic is obvious — the less you drive the vehicle, the less likely you are to be involved in an accident.
Many people who are infrequent drivers are unaware of this and, therefore, do not mention it when requesting a quote or buying insurance. You will be surprised at by much you can save. If participate in a car pool to and from work or school, this will also help earn you a low-mileage discount.
Choose a ‘safe’ car
All cars come with safety features and safety ratings. A car with more safety features, and a higher the safety rating may entitle you to a lower insurance premium. When you are shopping for a vehicle, make sure to ask the dealer for a copy of the vehicle safety rating. If you are buying privately, you should be able to find most safety ratings and vehicle comparisons online. The quantity and distribution of air bags, anti-lock brakes, and electronic stability control will all keep your Ocean Harbor casualty insurance premiums low.
Insuring a teen? Get their grades up
Teen drivers are, understandably, more expensive to insure than older, more experienced drivers. The logic is that younger drivers are less experienced and may possibly be more reckless in their driving. This might make sense, as a blanket statement, but we all know plenty of students who can handle themselves maturely when driving.
There are two ways you can lower insurance premiums for teenage drivers:
Ask about a ‘good-student’ discount. Your teen with a B average or better may qualify for lower insurance premiums.
Enroll in a safe driving course. Completing a safe driving course can also drastically lower a teenage driver’s insurance premiums. These safe driving courses are designed to teach people how to safely drive in a variety of situations and circumstances.
An excellent report card combined with a safe driving course can actually reduce your insurance premiums by up to 25%, so they are definitely worth speaking to your Ocean Harbor Insurance agent about.
Keep your car safe from theft
Keeping your car in a garage can also help keep your insurance costs down. Potential heft of the vehicle is drastically reduced in addition to reducing changes of weather damage or vandalism. Likewise, you can keep your Ocean Harbor casualty insurance quote down by making sure your car has an anti-theft system installed. These are often standard in newer models but may be missing from cars 20 years or older.
Insure more than one car
Multicar insurance discounts are another way of reducing your insurance premiums. If you own more than one car, it’s often more cost effective to insure both on a single policy rather than to splitting them up. If you have a car already insured with another company, consider migrating it to Ocean Harbor casualty insurance.
Only get the coverage you need
Automobile insurance plans often include features to cover you in different circumstances. Roadside assistance and hire cars are two very common additions to most insurance plans. But do you really need them? If you only drive your car to work and back, you might not need a hire car. Perhaps there are other options you could use temporarily like public transit or carpooling with a co-worker.
Make sure to review your insurance quote line by line to determine exactly what features you need and don’t need. Like with raising your deductible, be wary; don’t cut so many features you don’t truly benefit from insurance. But don’t pay for what you don’t need, either.
The Ocean Harbor Insurance Company is here to provide you the best quote on car insurance today. Starting from just $18, we are confident that we can give you a highly competitive, affordable price, whatever your circumstances.