Car insurance can be a significant expense in Philadelphia, but that doesn’t mean you have to spend money unnecessarily. If your Auto Insurance Quotes in Philly seem too high, there may be several circumstances contributing to your overpriced premium. Luckily, there are some simple things you can do to change that. Keep reading for some of the most common reasons your rates are too high, and learn what you can do start getting lower quotes in the future.
Your Credit is Less-Than-Perfect
Some drivers are unaware that insurers use their credit rating to determine auto insurance quotes. If your credit score is less-than-spectacular, you could be spending more than you need to on auto insurance. To get lower quotes, spend some time polishing up your credit reports by paying bills on time, settling delinquent accounts and correcting any mistakes. Even a 50-point improvement on your credit score can get you lower auto insurance quotes in Philly.
You Aren’t Protected Against Theft
In major cities like Philadelphia, anti-theft devices are very important to car insurance agencies. If your car is lacking some sort of security system, you could be paying up to 20% more for your insurance. Any anti-theft device is likely to get you a discount, but those with tracking systems typically save you the most money on your insurance costs.
You Forgot to Ask About Discounts
In today’s insurance world, driver discounts are plentiful, but you have to ask. Agents won’t always divulge every discount you may be eligible for, so you could be missing out on some serious savings. For example, depending on the agency, you could receive a discount for being a student, stay-at-home mom, senior citizen or military veteran.
You’re Driving a High-Risk Car
If you’re driving a luxury or sports model car and want to see some big insurance discounts, consider trading in for a safer model. According to experts, these kinds of vehicles can cost up to three times as much to insure as cars that are considered low-risk. The best cars to drive for discount are those that have performed well on safety testing. In 2013, Crossovers and SUVs topped the list of economical cars to insure.
Making a few changes can result in dramatically reduced auto insurance quotes. When shopping for insurance, keep the things above in mind and talk to the experts at imperial agency in Philadelphia for more ways to save.
