If you own a car, then you know that having car insurance is a fact of life. It is a requirement that you carry liability insurance at a minimum, and if you have an auto loan, then your lender likely will require you to carry collision and comprehensive insurance as well. That can add up, which is why it’s important to do whatever you can to get cheap car insurance in Chicago. Here are some tips that can help you to lower your bill.
Different insurers have different underwriting requirements, which means you will get different rates. That’s why it’s important to get quotes from at least three insurance companies — more if possible. This will help you to find the lowest rate.
Most insurance companies give discounts to customers who have multiple policies. So you might want to consider getting auto insurance from the same company that provides your homeowners or renters insurance. When you bundle policies you can expect to get a discount of as much as 10% on premiums.
Increase Your Deductible
Each time you make a claim, you pay an out-of-pocket cost called a deductible. You can set the amount of this deductible, and the higher it is, the lower your insurance premiums are likely to be. That’s because the more you have to pay up front on a claim, the lower the risk is for your insurer.
Keep Good Driving Habits
One of the best things you can do to keep your insurance costs low is to have good driving habits. Avoiding tickets or accidents will help to keep your rates from increasing when you get a policy or renew one.
If you are looking to find cheap car insurance in Chicago, Accurate Auto Insurance can help. Find out more at our website, AccurateAutoIns.com.