Whether in a roaring economy or in the midst of a recession, everyone wants to save a few bucks. Being an independent agency, Linwood Forest does exactly that for our clients. We are not captive to one company; so if our clients experienced a rate increase, we can have them insured with the other companies we have. The one constant is Linwood Forest and our commitment to great customer service for our clients.
No one agency can represent all insurance companies and it is very normal for insurance companies to decrease or increase their rates. While we hate to lose clients
based on price alone, we will also refer clients to other insurance agencies if warranted. Yes, that means we send people to our competition. We understand that while
good customer service is part of a great insurance program, at times, price can be the overwhelming factor.
Now without further ado, here are the quick tips on lowering your auto insurance.
1. Increase your deductible:
Stop trying to get the ‘lowest deductible’, instead you can go for the highest deductible you feel comfortable paying. Why? The underlying reason is this. A fender
bender where you have a couple scratches and dents will cost around a few hundred dollars to fix. Will you be using the insurance for that and most likely have a rate
increase come renewal? Probably not. We want insurance to pay for the major accidents, so setting a little higher deductible means you save money, but still have
insurance for the accidents that will really ding your wallet.
2. Shop around :
As mentioned in this post, insurance companies change their rates. It is prudent for you to get quotes every year or two. Linwood Forest does it for our clients when they
are up for their annual insurance review. Aside from making sure our clients are getting the best deals, we also want to make sure their insurance program fits their
current stage in life.
3. Take a Defensive Driving Course:
Most companies offers a discount when you take a defensive driving course, so why not learn to drive safer and make your wallet happy too?
Make sure you are getting all the discounts you qualify for. Do you own a home? Don't drive the car often? Does your car have anti-theft? These questions and more are what you and your agent should go over.
5. Downsizing Coverage
Lowering your coverage is perhaps the easiest way to lower your auto insurance bill; however, we suggest you to be careful and talk with your agent first.
Remember, paying that extra hundred or two a year is an annoyance. Paying tens or even hundred of thousands of dollars for that one accident is a catastrophe.
You should talk to your agent to make sure you are adequately covered. Insurance shouldn't be about the cheapest price, but protection for the people and the things
you have worked hard for.