Why You May Be Paying More For Car Insurance

Why You May Be Paying More For Car Insurance

An Independent Agent Explains:
5 Reasons Why Your Auto Insurance Rates May Seem High

I hear it from drivers from all walks of life: “I’m paying too much for car insurance.” Seems we all know someone who’s paying way less, and we want to cut our own rates, too.

As independent insurance agents, we can check with multiple carriers on your behalf to find out if you may indeed be paying more than you need to. If so, we can switch you to another carrier, even in the middle of a policy term.

However, due to certain circumstances, it’s not always possible to pay less for car insurance. Here are five of them:

  1. You drive a high-performance or specialty vehicle.
    You have absolutely no interest in driving a standard sedan – boring! You want something sleek, with performance and speed, and it won’t just cost you at the dealership. It will cost you in terms of auto insurance, too. You can expect your car insurance rates to reflect the increased repair costs of a high-performance vehicle, or the rarity of a limited-production vehicle. There are ways to help bring down your insurance costs, however. One may be storing your vehicle in a secure garage when it’s not in use.
  2. You chose a low deductible.
    A low deductible seems like an attractive choice. That way, if you get into a car accident, you’re only responsible for a small amount of the repair costs. However, this can cost you more upfront. Generally speaking, deductibles and premiums have an inverse relationship. You’ll likely pay more in premium the lower your deductible is. So, you may want to choose a deductible you’ll be comfortable paying in the event of an accident rather than the lowest deductible possible.
  3. You are younger than 25.
    Sorry to be a buzzkill but that youthful optimism you feel about blazing your own trail through life doesn’t quite extend to your auto insurance premium. Drivers between the ages of 18-25 oftentimes pay more for car insurance. Why? You’ve yet to establish your own insurance history, and…

Continue reading this Safeco article.

 

Don’t forget, The Portier Agency offers homeowner/mobile home/ renter’s /automobile / motorcycle / life / commercial / crop insurance.
Call or come by to get your quote!

 

The Portier Agency, LLC
113 North Irwin Avenue
Ocilla, GA 31774
229-468-3444
portieragency@windstream.net