Most students live on a strict budget as a result of the expenses associated with school and the limited income they survive on as students. But every driver is responsible for securing some sort of automotive insurance, and students are no exception. So how do you find affordable auto insurance?
Go Online to Find Competitive Auto Insurance Rates
One thing college students have access to and are experts at utilizing is the Internet. College students are savvy online users and should have no problems accessing quotes online. Searching for auto insurance rates online will save you lots of time instead of making several long, drawn out phone calls to individual agents and auto insurance companies. Online quotes sent directly to your email allow you the opportunity to contact an agent at your convenience.
Shopping online for insurance quotes can give you an easy way to make sure that you always have the best rate. You can search anytime to check your current insurance rate against the rates of various companies. If you find you are paying too much, you can change auto insurance companies right from your computer.
Choose Minimum Coverage
Another way of reducing your insurance costs is to get quotes for the minimum auto insurance coverage. Many college students can only afford to have a used car. Since insurance rates are directly tied to the value of your vehicle, this could end up being a good thing for you. You can probably get by with only liability coverage in this case. Start out low with the minimum coverage, and overtime increases your coverage until you reach your budget. This method can insure that you have as much coverage as you can afford according to your budget.
Ask Your Auto Insurance Company About Student Discounts
Take advantage of your student status when searching for the best available deals on Auto Insurance coverage. Students that maintain at least a “B” grade average are eligible to receive a discount on their coverage with many companies. This is a great incentive to keep up your grades.
There may be other discounts that you qualify for as well. For example, you may have recently taken a defensive driving class, or maybe you don’t drive you car very often and accumulate minimal mileage throughout the year. Each of these acts can earn you additional discounts, which translates in to even more savings on your auto insurance policy.
Set Up Automatic Payments
You’ll wind up paying less for your auto owners insurance policy if you make your payments all at once for the insurance term. Many students may not be able to afford this cost saving option. Another option that can still save you money is to give your auto insurance company permission to automatically withdraw your insurance payment each month from your bank account. This small act can result in a significant reduction in your monthly payments by at least 10 dollars each payment by eliminating certain fees.
Don’t delay. Plug in your zip code in the quote box at the top of the page or on our home page and get started finding more information on Auto Owners Insurance Company today.
Concord Auto Insurance Company
Auto Owners Insurance Company
April 14, 2012April 14, 2012 0 Comments