Cars, SUVs, Trucks

If you’re like many other individuals throughout the nation, you are pinching some serious pennies right now. In these challenging economic times, almost everyone is trying to find effective ways to preserve some bucks. This is one method to hang onto your money: give some thought to walking to the office or even the store instead of driving. Not only will you save on gas and get a little exercise-you may also be eligible for a valuable price reduction on your auto insurance rates.

Drive less often, save more Many insurance companies make available what’s known as a “drive less, spend less” plan for motorists who drive less than average miles on their cars annually. Dependent on your insurance company, you could reduce your premiums as much as 18 % in the event you drive fewer than 7,500 miles a year. Nonetheless, these kinds of plans can be found only in certain states. If you’re trying to conserve cash, talk to your insurer if you may be eligible for this cheaper coverage.

How does it work?

The “drive less, spend less” program can vary with each and every insurance company. While some insurance companies will accept your word for it on your annual mileage, others need evidence.

Then there are those insurance companies which provide you with even greater discounts-but they closely monitor their drivers. For example, at least one carrier demands an OnStar subscription to be on the drive less plan. Even though an OnStar membership runs about $19 monthly, you could cut up to 54 percent on your auto insurance if you drive less than 15,000 miles per year under this plan. If you perform a quick cost benefit analysis, quite often it’s a good idea to spend the additional $19 a month.

Another carrier provides an option to put in a tiny, wireless device inside your car to watch your miles driven and your driving routines. While it may be a little strange to be aware that someone is always observing, you stand to save loads of cash with this policy.

If you wish to avoid overpriced auto insurance, check with your insurer if they have a “drive less, pay less” plan. If not, you might think about moving over to some carrier that offers these cheap car insurance policies.

If you are worried about locating the best car insurance, be sure to browse our website. Lots of resources are available on obtaining the best car insurance rates.