You just bought your certified Ford and you’re looking for insurance for it. You want to be certain you’re covered for every possible situation that could arise, but you can’t afford to pay hundreds of dollars in insurance each month. What do you do? Here are some steps to help you save money on your insurance premiums while still feeling secure about your coverage.
1. Get a few quotes in writing. Don’t assume that insurance prices are the same or even similar from company to company. In fact, the same type of coverage could differ by hundreds each year, depending on which company you choose. Shop around and get quotes in writing to help you when you begin comparing.
2. Don’t show other insurance providers your quotes. Insurance agents want to beat the competition, but they don’t want to go lower than necessary. If, for instance, their lowest price for your needs is $800 a year and you show them a quote for $900 a year, they might give you a quote of $890. That way, it’s lower than the other company’s quote, but you’re still paying more than their lowest price.
3. Don’t flaunt your riches. If you look like a millionaire, you’re going to be treated like a millionaire. That could mean a higher rate or a quote for additional coverage that you don’t need. But don’t look like you’re homeless, either. That might give the impression that you’ll have trouble paying the premiums. Just act and dress normally so you can receive fair treatment and the best quotes for your needs.
Come back tomorrow for more tips!
