Managing Insurance Costs: Tips to Share with Your Clients
by: Plymouth Rock AssuranceHaving auto insurance is a necessary cost of owning a car; however, it can feel like a large expense. Plymouth Rock has created a
downloadable information sheet for you to share with your clients who may be looking to lower their premium. It shares tips and tricks to help manage costs, including:
Work with an Independent Agent
Researching different insurance companies on your own and getting multiple quotes can seem overwhelming. However, an independent agent is a great resource to help you find and compare insurance quotes and help ensure you get a good deal.
Update Your Policy
If you've gone through any major life changes recently, you may be able to change your policy. These “life changes" may include moving, working from home or retiring (and therefore driving less), having a student away at school and more.
Drive Safely
It may seem obvious, but being a safe driver can help keep costs low, as speeding tickets and accidents can increase your premium.
Bundle Policies
If you purchase two or more policies with the same insurer (known as bundling), many companies will reduce your rates.
Compare Costs Before Buying a New Car
If you're in the process of buying a car, make sure to include potential insurance costs in your research. Certain cars may be more expensive to insure than others, as vehicles with more advanced technology can have higher repair costs, which can raise your insurance rate.
Increase Your Deductible
Consider raising your deductible (the amount you pay to repair your car before your insurance takes over). Having a higher deductible can lower your premium; however, make sure you are financially able to cover the higher repair costs before asking for a higher deductible.
Discounts with Plymouth Rock Be sure you're taking advantage of the discounts offered by your insurance provider! At
Plymouth Rock, you can find discounts such as:
- Paid in Full
- Multi-Car
- Motor Club
- Student Away at School
- Companion Policy
- And more!
*Discounts can vary by state. Please consult with your Plymouth Rock representative or independent agent.