Paying for auto insurance can be confusing, but it doesn’t have to be. At Oak City Insurance, we specialize in helping people find affordable rates on car insurance. We work with 20+ A-rated insurance companies to do the shopping for you. We’ve compiled a list of our best tips below that will help you get your cheapest rate possible.
1) Shop around!
It’s easy to think that the first company you call has the best rates – but there might be others out there with better deals than what they’re offering. Don’t just look at quotes online; instead, contact an independent insurance agency (Like Oak City Insurance!) to do the shopping for you. Otherwise, you may spend countless hours looking for the best rate just to find out an independent insurance agency can do the same thing in a matter of minutes.
2) Compare deductibles!
Your deductible is how much money you pay before your insurance starts kicking in when something happens. In general, the higher the deductible, the lower the cost of insurance will be. The lower the deductible you elect will raise the rate since you are sharing less cost with the insurance company. You should choose a deductible that you can comfortably pay out-of-pocket if needed.
3) Be honest with your agent!
The more information you can provide an insurance agent about what kind of car or drivers are on the policy, the better chance they may be able to save you money. Being honest about your driving record will help them better estimate how likely it is that you’ll file a claim.
4) Ask about discounts!
Many insurance companies offer different types of discounts depending on what you’re looking for. Discounts include good student, military service members, and anti-theft devices to name a few. Some even provide senior citizen or retired veteran discounts if that applies to you. Make sure to ask your agent so they can look into these options for you.
5) Evaluate your coverage!
It’s no secret that the more insurance you have, the higher the premium will be. Make sure to ask yourself if you truly need all of those options and add-ons when it comes time for renewal. If not, consider dropping them to lower your rate but it is advised to review with an agent to make you understand what you are changing.
Utilize your agent! Your agent (if you have one) should be doing all of the work to get you the best rates. If you do not have an agent or have not heard from yours in some time, Call Oak City Insurance as we would be happy to show you the best Auto Insurance options in North Carolina.