If you drive and own a vehicle, having auto insurance is a must. However, not all drivers pay the same rates for their car insurance coverage, and car insurance can be very expensive for some drivers. To save money, drivers sometimes choose policies with the minimum required coverage. Unfortunately, drivers who try to save money by reducing their coverage ultimately lose money if they are involved in an accident or if they are the victim of a theft. Read below for some tips to help you save money without risking your protection.
Make sure you know what you need
In some cases, choosing an insurance policy without as much protection is not necessarily a bad idea. For example, if you have an affordable car that won’t cost much to replace, investing in Comprehensive Coverage may be a waste of money. However, if your car is new or expensive to repair, it’s worth the extra expense to have this type of coverage. Regardless of the level of coverage you choose for your vehicle, make sure you purchase enough Liability Coverage to protect you against claims from other drivers or injured people.
look for discounts
Instead of reducing your coverage to save on insurance costs, consider looking for discounts. For example, many insurance companies offer discounts to consumers who are accident-free when they drive for a certain period. You can also save money on your auto insurance policy by enrolling in a defensive driving course, which is designed to teach students safe driving habits.
If you have young drivers listed on your auto insurance policy, you can lower your monthly premiums with the “Good Student” discount, which is typically available to students who are in college or high school and earn at least the minimum GPA grade. In addition, most insurers offer discounts to customers who insure two or more vehicles on the same policy, as well as customers who purchase different insurances from the same insurance company, such as homeowners insurance, renters insurance, or life insurance.
Compare different insurance policies and companies
In addition to looking for discounts and choosing the right amount on your insurance, you can save money on your car insurance coverage by looking for an insurance company that offers you the lowest rates. Not all insurers offer the same policies at the same price, and comparing policies can save you a lot of money. To more accurately compare rates, be sure to take into account any discounts the insurance company offers you before making a decision.
Drive carefully
Nothing will increase your auto insurance rate faster than having a few accidents and traffic violations. Your driver’s license can be suspended if you have multiple traffic violations. To avoid these problems, drive defensively and always obey traffic signals.
Who can get commercial auto insurance from Kemper?
- Small and medium-sized businesses with commercial drivers or vehicles used for business purposes; as well as businesses that employ drivers to transport material cargo.
- New companies with fleets of up to 20 vehicles.
What types of vehicles are covered by commercial auto insurance from Kemper?
- Vehicles that are used in gardening, construction, messaging, sales, etc.
- Large trucks, pickups and trailers, cargo vans, flatbed trucks, and more.