If you’re a driver in Connecticut, car insurance can be a costly necessity. However, you could be making mistakes with your car insurance CT that will unnecessarily raise the price of your coverage. If your premium seems too high, keep reading to learn several missteps that could be driving up your insurance rates.
You’ve Set Your Deductible Too High
If you have sufficient money in savings to cover emergency expendrd, you shouldn’t be setting your deductible at the lowest limit. Raising your deductible is one of the fastest, most effective ways to slash the cost of your yearly insurance costs. According to experts, raising your deductible by as little as $250 can lower your overall insurance costs by 20% or more.
You’re Driving a High-Risk Vehicle
The kind of car you drive is one of the main factors agents use to determine how much you’ll pay for car insurance CT. If it’s time to trade in your car, choose carefully to avoid unnecessary insurance costs. According to reports, luxury vehicles and sports models can be 3 times more expensive to insure than vehicles that are considered low-risk. Insurance wise, the best cars to buy perform well under safety tests. In 2013, the top money-savers included SUVs and crossovers.
You’re Not Taking Advantage of Discounts
Insurance agents may not advertise all of the discounts you may be eligible for, so you need to ask. Car insurance is a competitive business, and agencies are offering more discounts than ever before. If you’re a student, senior, military veteran or stay-at-home mom, you could be eligible to receive discounts that will save you 10% or more on your car insurance.
You’ve Neglected Your Credit Report
Most insurance agencies use your credit score to help determine the price of your policy. If it’s been awhile since you’ve viewed your credit report, you could be paying more for insurance than you need to. Taking steps to correct mistakes on your credit report or raise your credit rating can go a long way towards getting a lower car insurance quote.
Car insurance can be expensive, but unnecessary oversights can make it even more so. Taking measures to fix these common insurance mistakes can dramatically reduce how much you’ll spend on insurance over the course of the year. Visit Rddk.com to talk to an insurance expert who can advise you on even more ways to save.
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