How to Avoid and Prevent Auto Insurance Rate Increases

When it comes down to it, auto insurance is one of those things that becomes a part of your life as a driver. Not only do you have to keep proof of insurance in your vehicle at all times – you also have to make sure that you maintain your policy rate. This is especially the case if you have a decent rate. The truth this that there are a lot of things that can cause your policy to skyrocket or spike. Knowing what these circumstances are will help you prevent paying more money for your policy. Here is how to avoid and prevent auto insurance rate increases.

  1. Make sure to drive safe and avoid getting pulled over. One of the biggest and most common causes of insurance rate increases is getting a point added to your driving record. This is why it is so important to avoid getting pulled over. You also want to fix break lights and any other issues that could attract the attention of a patrol officer.
  2. Make sure that you purchase a safer car when it is time for a new vehicle. If you intend on purchasing a vehicle, you want to make sure to research that vehicle’s safety record. Many people purchase a new car and then wonder why their policy has spiked. Well, one of the biggest reasons is because your insurance agency researched the car’s safety reports. Ideally, you want to find a vehicle with advanced safety features. If you speak to an insurance brokerage firm, like the Charles Goodman Group, you may even be able to get a more affordable policy.
  3. Make sure to divulge all of your prior history as a driver when getting a new policy. When you are getting a new policy, or if you are renewing your policy, you want to be sure to divulge all of your history as a driver. This includes accidents – both that you have been at fault for and not at fault for – and any moving violations. If you don’t divulge this information and the insurance agency does a background check, your policy will spike – it is much better to be honest from the onset.
  4. Make sure to take defensive driving courses. Another way to keep your policy the same rate is to take defensive driving courses. Anytime that you take measures to make yourself a safer driver, your risk lowers and so does your policy. If you are entering a certain age bracket, taking driving courses may be the best way to prevent your rates from rising.
  5. Make sure that you don’t miss your premium payments. On top of everything, you also want to remember to pay your premium payments each month. If you miss one payment, you could be docked and your rate may rise as a result. If you continue to not pay for your policy, your policy will be canceled and it will be very hard to get an affordable quote in the future. In the end, you want to do everything you can to pay your monthly premium on time.

Leave a Reply

Your email address will not be published. Required fields are marked *