As the New Year approaches, many families begin to search for ways to cut back on spending in the coming year. Reviewing your automobile insurance policy with the goal of increasing savings, while ensuring adequate coverage in the event of an accident, is an excellent place to start. While it is never wise to decrease your coverage, as this can cost you greatly in the event of an accident, you may be eligible for discounts that you never knew existed. Discounts are available through most insurance carriers, including those with strong academic records or positive driving records. Certain vehicles may also be eligible for discounts.
The following is a list of possible discounts that could help you save money on car insurance next year. Review this list to determine if any apply to you, then call your car insurance company to start saving. You could save money on your car insurance in Mississippi if:
- You have an excellent credit score
- You have a clean driving record
- Your vehicle has passive seat belts
- Your vehicle has an airbags
- You own expensive vehicles
- Your vehicle has an anti-lock braking system
- You are over the age of 55 and have completed a driver improvement course
- You hold multiple policies with the same company, such as homeowners’ insurance and car insurance
- You are a student and make good grades
- You graduated from a certain college or university
- Your vehicle is a standard model and not a performance or sports vehicle
- You driver your vehicle infrequently
- You are a safe driver
- You are a teenager who completed a driver’s education class
- You put minimal miles on your vehicle each year
- You are a homeowner
- You are a student and only drive your vehicle when you go home
To start your New Year off with savings, call your insurance company today to see if you are eligible for these or other discounts. You may also wish to obtain quotes from other car insurance companies to ensure you are receiving the lowest possible rates for the coverage level you desire. Insurance premiums can vary widely by company, so it does pay to shop around.
Another way to save on your car insurance is by raising your deductible on your collision and comprehensive coverage. It is often easy to meet even a higher deductible because damages run up quickly after a crash, but consider this option carefully to make sure the increased deductible does not cost you more than the savings in the long run.
Barrett Law PLLC: Mississippi Automobile Accident Attorneys Helping You Save Money This Coming New Year
For many couples, saving money is a worthy New Year’s goal. Car insurance may be one area in which you can cut back on costs while still maintaining the same quality coverage. You should call your car insurance company and see if you are eligible for certain discounts. Do not, however, decrease your coverage as this could leave you out far more in the event of a serious accident. The Mississippi Car Accident Attorneys at Barrett Law PLLC hope that this list of cost saving tips helps to decrease your car insurance bill. In the event you are injured in a car crash, we are here to help. We fight for your full recovery, which may include medical expenses, lost wages, rehabilitation costs, and non-economic damages. Call Barrett Law PLLC today at 1 (800) 707-9577 to schedule your free consultation with one of our experienced car accident attorneys.