If you’re looking to save money on car insurance, it’s important to understand how insurance companies calculate your insurance premiums. You can also get insurance discounts on your car insurance by bundling with other insurance products that you may need or already have like your home insurance. Car insurance rates vary by location and because of other things the insurance company will use to determine your car insurance rate. You can lower your car insurance by also being truthful with the insurance company when requesting a car insurance quote.
Some people hide facts because they think it will save them money when sometimes it can actually cost them more. Insurance companies want to provide adequate insurance for your car, so hiding facts does nobody any good. If you’re truly trying to save money on car insurance be honest with your insurance company or broker. This way they can tell you what car insurance discounts you may qualify for, and these can have a significant impact on the insurance rate on your vehicle.
Some insurance discounts that can lower your car insurance rates can reduce the price you pay by as much as 25%. A good insurance broker can walk you through in insurance application and know exactly what you’ll need to save money on car insurance.
Watch this episode with Mississauga Real Estate Agent Joe Terceira, and Insurance Broker Robert Atto of Atto & Associates where they will discuss how to save money on your car insurance.
For more information on home insurance or for a free home, auto, commercial, travel, or life insurance quote contact Atto & Associates:
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