The modern family often includes two or more drivers, and the cost of running a household's vehicles can become prohibitive if efforts aren't made to find discounts wherever possible. You and your family could be paying far more than you need to for insurance coverage, but taking advantage of special offers from certain Edinburg auto insurance providers could cut the cost of running the cars in your household considerably. An insurance agent will use a combination of experience and a thorough knowledge of the marketplace to deliver substantial savings on the cost of coverage.
What Types of Discounts Are Available?
There are some obvious ways to obtain discounts on your auto insurance, such as through the accrual of no-claims bonuses and by taking defensive driving courses. However, there are some lesser-known strategies that could cut the cost of your coverage even further. These include:
Some providers will not penalize you for claiming as a result of an accident, but only if you have held a policy with them for a predetermined period of time. Provided that you have made no previous claims within that timeframe, your premium will not be affected by your claim. However, not all insurance companies offer this type of discount, and many who do will charge for the privilege.
There are some insurance companies that will offer an instant reduction in your premium if you commit to the policy online. Sometimes referred to as "E-Sign," your policy can be initiated in seconds, without the need for physical documentation.
Payment in Full
If you can afford it, opting to pay your insurance premium in full will provide you with a reasonable discount. Paying for car insurance with monthly installments will often incur interest charges, and that will mean the total cost of coverage will increase significantly over the course of a year.
Multiple Product Discounts
If your household is the registered address of more than one vehicle, you could receive a significant discount by using the same insurance company to purchase insurance policies for all of them. You could also receive discounts of up to 25% by purchasing your auto insurance policy from the same company that provides you with homeowner's or renter's coverage. It could be worth taking the time to assess your options by treating your overall insurance needs as a single cost.
At a time when auto insurance costs are steadily rising, it makes sense to do everything in your power to ensure that your premiums are as low as they possibly can be. This complex issue can be a minefield if you want to be sure you're getting the best deal in the marketplace. However, give Raymond Longoria Insurance a call today on 888-296-0345, and one of our agents will assess your specific circumstances before assisting you in finding the best discounts possible.