Understanding The Intricacies Of Insurance

What To Tell Your Insurance Agent When Trying To Get A Cheaper Policy

There are a lot of insurance agents out there that will tell you that your best possible coverage is the policy that covers absolutely anything and everything under the sun. Of course, those policies usually cost a good chunk of change and depending on your personal situation, you may or may not need everything that that type of policy covers. If you are looking for the minimum coverage so you can save money, here are some of the things that you will want to tell your insurance agent:

You Do Not Want A Small Deductible

Since the deductible is only something that is paid by you in the event of an accident, that is your fault, and that you file a claim on, you might not want to opt for the smallest deductible. This is especially true for those who find that they rarely, if ever, file claims with the auto insurance company. Also, many insurance companies will charge a little more for the policy when the customer has a smaller deductible, so it is best to just skip that.

You Want A Discount For Security Features

If your vehicle has an alarm system, as well as other security options and gadgets, you will want to make sure that your insurance agent knows about them. Once you explain all of the security features that are within your vehicle, you will want to ask about the discounts that they offer for those. After all, the better protected your vehicle is, the less likely it is that you are ever going to have to file a claim for a stolen vehicle. This saves the insurance company money and they can pass some of that savings onto you, as many other insurance agents do.

You Would Like To Pay In Full

Instead of trying to spread out your premium payments, you will want to make sure to ask if you can receive a discount on the cost if you pay the bill in full. This way, it is taken care of for the remaining of the year and the insurance company will not have to worry about tracking you down over any late payments.

After going through all of that information, your insurance agent should be able to see that you are serious about trimming your policy down so it is as affordable as it can possibly be for you. With that in mind, you can then ask him or her if they know of any additional ways you can save money, and they might just have a few ideas to share with you.