If you have recently relocated, married, retired or experienced other life-changing events don’t forget to double check your insurance. It might save money when you renew your policy. Here are some common events that can result in savings on your auto insurance:
- Relocating. Typically cities have more driving accidents – and therefore higher insurance rates – than smaller towns. If you have moved to a new city, or even to a new zip code in the same town, be sure to ask your agent how it will impact your auto insurance rates.
- Marriage. It’s not a surprise that teenage boys have some of the highest insurance premiums. But singles in general tend to pay a bit more than married couples for insurance. If you are newly married call your agent and ask for a discount. Don’t forget to ask about multiple coverage discounts at the same time.
- Age. There are certain “milestone” ages where your auto insurance premiums drop as long as you have maintained a safe driving record. These milestones vary depending on the provider; turning 25 is a common one, as is retirement. Ask about a Senior discount or, if you are younger than 25, consider taking a Safe Driver course to reduce premiums.
- New Job. Remember, insurance is partially based upon how many miles you drive each year, so if you have recently changed jobs and will be driving fewer miles be sure to request a discount.
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