Raise your Deductible
One of the best ways to save money on high risk car insurance is to raise your deductible. It's a simple thing to do and it will immediately lower your premiums. By raising your deductible, you may be paying more in the event of a claim. However, if you don’t have any claims, you pocket the savings. That said, it’s important to pick a deductible that you feel comfortable with. An Ensurco Advisor will be pleased to review deductible options with you.
Clean up Your Record
As a high risk driver, you can blame others for all your woes. But between you and me, you know how you got there. A great way to lower your insurance premium is to clean up your driving record. By cleaning up your driving record and keeping it clean, you’ll eventually be moved out of high risk and into our preferred market. We call this, the ‘Ensurco high risk transfer’. When this happens, you’ll feel the financial impact because the savings will be significant. You know more money in your pocket, where it belongs and not in ours.
Ask About Insurance Discounts
Believe it or not, some discounts may be available to you and you may not even know it. Discounts vary from company to company but they all lead to lower rates. There are professional association discounts, as well as age and good student discounts and let’s not forget, retiree discounts. You could also enroll in our telematics program. It's a program that tracks your driving habits and if you drive well, it’ll reward you with cheaper insurance. You know, avoid hard breaking, quick acceleration and speed. The best way to access insurance discounts is to ask about them. Other insurance discounts you might be eligible for include:
- Having completed driver's education
- An anti-theft device in the vehicle
- Paying your premium for the entire year upfront
- Low mileage
- Snow Tires
Bundle Multiple Insurance Policies
If you have multiple insurance policies, you can bundle them to save money. The two most common types of bundling; having multiple cars in one household and combining your car and home insurance policies with the same company. The former is referred to as a multi-vehicle discount and the latter is referred to as a multi-policy discount. To see how much you could potentially save, you can request an Ensurco online quote and include these discounts. Your quote will clearly identify the premium savings based on your scenario. In most cases, bundling your insurance is an effective and useful way to save you money!