Call Us (708) 713-4456 ☰ ˟
Logo
Call Us: (708) 713-4456
  • Home
  • Get A Quote
    • Annuities
    • Automobile
    • Business & CommercialImage of right arrow
      • Commercial Auto Insurance Quote
      • General Liability Quote Form
      • Builders Risk
      • Workers Compensation Quote
    • Employee BenefitsImage of right arrow
      • Group Life Insurance Quote
      • Long Term Care Insurance Quote
      • Accidental Death & Dismemberment Quote
    • Health
    • Homeowners
    • LifeImage of right arrow
      • Life Insurance Quote
      • Term Life Insurance Quote
      • Executive Compensation Quote
      • Indexed Universal Life Quote
      • Business Continuation Quote
  • Customer Service
    • Automobile
  • Blog
  • Resources
    • Refer a Friend
    • Important Links
    • Free Reports
    • Insurance Glossary
  • About Us
    • Location Map
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
Icon

Business & Commercial

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Icon

Annuities

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Icon

Life Insurance

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Icon

Group Benefits

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Icon

Auto & Home

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Home > Blog > 6 Ways to Save on Auto Insurance
WEDNESDAY, NOVEMBER 3, 2021

6 Ways to Save on Auto Insurance

With the economy still lagging, everyone can benefit from saving a few bucks whenever possible. And, while car insurance is necessary—both to meet state requirements and for your own financial security—it would be helpful to pay less for it. Your auto insurance premium is calculated using a variety of factors, but, luckily, there are things you can do to reduce your rate. Try the following six tips for saving: 
family smiling at camera in front of a car
1. Multi-line policy: Bundling your policies with a single insurance company can result in savings on each one. Insurances companies are businesses after all and, as such, it’s in their best interests to incentivize your increased business. 

2. Fewer payments: Each time you make a payment to your insurance company, processing fees are tacked on to cover administrative costs. Though these fees are usually only a few dollars, they can add up to cost hundreds over the years. The solution? Make fewer payments. Instead of paying monthly, pay quarterly, biannually or even annually if you can. You’ll save money in the long run. 

3. Drive safe: The less risky a driver you are, the less you’ll generally pay for insurance. Accidents and tickets can increase your rates and mar your record. Safe drivers not only have lower calculated premiums, they can also be eligible for further discounts. 

4. Ask about discounts: Just like good drivers can save, so too can good students, seniors, loyal customers, military personnel, teachers and more. Ask your agent if you qualify for a discount and start saving today. 

5. Shop smart: Different models of cars will have different insurance rates based on their overall safety. Sports cars and luxury cars tend to be the most expensive models to insure, while more sensible sedans and compact SUVs typically cost less to insure. When car shopping, ask your agent for a quote on several models of your choice to help you determine which cars are within your monthly budget. 

6. Don’t over-insure: If you drive an older car, the cost of collision and/or comprehensive coverage could be more than what the car’s worth. In such cases, reduce your coverage down to the state minimum to stay legal, without paying for something you don’t need. You can even pocket the extra money you save to put toward a new car. 

Get a free quote today. Call Sovereign Insurance Group at 708-713-4456 for more information on Flossmoor auto insurance. 

Posted 2:41 PM

Tags: auto insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2021
  • 2020

  • coverage(11)
  • insurance(11)
  • annuities(3)
  • car(3)
  • policy(3)
  • auto(3)
  • liability(2)
  • homeowners(2)
  • life(2)
  • premiums(2)
  • commercial(2)
  • snow(2)
  • driving(2)
  • costs(2)
  • weather(1)
  • mortgage(1)
  • general(1)
  • umbrella(1)
  • life insurance(1)
  • pet(1)
  • business(1)
  • auto insurance(1)
  • home insurance(1)
  • breeds(1)
  • winter(1)
  • term life insurance(1)
  • premise(1)
  • requirments(1)
  • young(1)
  • retirement(1)
  • business insurance(1)
  • driver(1)
  • garage(1)
  • home(1)

View Mobile Version

Contact Us Today!
(708) 713-4456

Social Social  social

Resources

  • Get a Quote
  • Customer Service
  • Payment Options
  • Report a Claim
  • News
  • About Us
  • Refer A Friend
  • Our Carriers
  • Blog
  • Contact Us

Contact Us

19505 S Governors Hwy
Flossmoor, IL 60422

P: (708) 713-4456 | F: (708) 713-4893 | E:info@sovereignfinancialllc.com
© Copyright. All rights reserved. | Powered by Insurance Website Builder