Drivers’ circumstances changes and they need a little more car insurance coverage. However, earnings staying the same they may not be able to afford additional premiums. Also, people feel that they should get a little more from automobile insurance premiums they pay especially when they have not been making any claims. There are a few ways of achieving additional coverage without additional payments.
The first option should be looking around for lower auto insurance quotes. There could be another similarly nice company that offer better prices or coverage. Neither the prices nor the policy packages offered are the same between two companies. Comparing the rates is always a good idea even when you are not looking for anything special. One way companies attract new policyholders is by coming up with special packages.
Failing that, you can look at other options available. The first one is to increase vehicle insurance deductibles. Generally, premiums come down when the deductibles increase. This is a good way of keeping the coverage you like or adding to it. If you have a claim you will be paying a little more deductible. This is the downside of it. You need to assess the likelihood of a claim and your savings to pay for the deductibles.
The second option is to see the mileages you covered last year and assess how many miles you will do next year. If the mileage is down you can ask for car insurance discounts and probably get it. The chances of accidents go down when the car is parked safely at home. Next you should look at the current value of the vehicle insured. If it is lower than listed in the policy you could bringing it in line with the actual value and save money. Companies can only pay the market valuation anyway. Saving on the areas you do not need coverage will spare some cash to buy what you need.
A good alternative is to talk to an agent and ask how you could bring the costs of insuring your automobile down. Sometimes companies run special offers or give discounts for special reason. For example, taking even an online safe driving course can save you money. This could be offered free of charge by your current insurer. Asking is the best thing you could do.
Furthermore, you could ask for straight discounts. If you are a good customer with no claim and paying the premium always in time there is no reason why an agent should be able to come up with a few dollars discounts here and there. Companies do keep some of the discounts to offer when they are cornered by a competitor.
When a policyholder is likely to leave because of a better deal somewhere else insurers can match auto insurance premium on the table should they wish to do so. If you are only asking a little extra coverage for free they may be more inclined to oblige. Ask and you may be given. Don’t try and you will never know what you can get away with.