5 Simple Ways to Save Money on Motor Insurance

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We love motor insurance! It protects us—not to mention our vehicle, passengers, and even other people—on the road. But we hate how much that protection costs and we know you do too. But just because you need motor insurance doesn’t mean you have to let this bill break the bank. There are numerous ways you can reduce these costs and make auto insurance easier on your budget.

Wondering how to save money on motor insurance? We rounded up some easy and quick steps you can take to reduce your Motor Insurance Rates to get you started.
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Ask for a Discount
If you want a better rate, ask for one! Car insurance companies offer lots of discounts—and you probably qualify for at least a few. You can get offers and discounts for:
Affiliations with groups like AAA or university alumni programs
Working a specific job, as a teacher or nurse
Military service
Being a senior citizen
Good grades if you’re a student
Parking your car indoors
Safety features on your vehicle, like anti-theft or blind-spot warning devices

And that’s just for beginners! Ask your insurance company what discounts they can provide.

Shop Around
You’re not married to your motor insurance policy means if you don’t like the rate your insurer charges, check what else is out there. You may save money by switching motor insurance companies. Or your current company may be ready to price match a better offer to keep your business.

Some people don’t want to shop for better auto insurance because they don’t know how. Or they don’t want to spend time comparing quotes. That’s why you need to find a fast, free and easy way to find Motor Insurance Rates, which can help you to compare prices & discounts from top brands. They’ll shop around for you and help get you connected to the leading auto insurance carriers in the nation and let you choose the one that best fits your needs and budget.

Buy an Insurance-Friendly Vehicle
Many people get so caught up in the bells and whistles of a new vehicle that they forget how much it will cost to insure. Don’t make that mistake! Since new cars are more costly to repair and replace, they’ll make your insurance premiums skyrocket.

So instead of a brand-new vehicle, consider buying a used vehicle that’s 4–10 years old. You can find lots of reliable used vehicles that look new—so you can still look great on the road while you save money.

Maintain a Safe Driving Record
Finding how to save money on motor insurance can be as simple as following the road rules. That’s because your driving record is a vital factor that’s used to determine your insurance premiums.

A driver with a history of safe driving habits is less likely to be caught in accidents that would result in a claim. Auto insurers will usually reward this lower risk with lower insurance premiums and even additional safe driver discounts.

Improve your credit
Auto insurers don’t just look at your driving record, either — some also use an insurance score based on your credit history. That’s because, in the world of insurance, enrollees with poor financial and credit habits are more likely to file claims. On the contrary, drivers with good credit have a better chance for insurance companies and are more likely to lower auto insurance premiums.

To set Motor Insurance Rates, insurers consider many of the same factors used to form credit scores. So taking steps to increase your credit score can also lead to insurers offering you better rates, including car insurance.

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