9 Tips for Getting Quality Inexpensive Car Insurance

4) Increase Your Deductible

This can be a scary tip, but increasing your deductible will surely save you hundreds of dollars every year. A deductible is the amount of money the insured person must pay before the insurance company will pay the rest. In practical terms, if you cause an accident, you have to pay the entire amount chosen in the deductible before the insurance company pays the rest. Though this can be a frightening prospect, it can be very ideal. Safe drivers can avoid accidents just by how they drive, and the money they save over years of safe driving can pay the deductible of one accident with lots of money left over. Choosing a higher deductible will warrant safer driving. If you are a safe driver and aren’t frightened off by the financial risk, you can save large amounts of money by taking on a higher deductible.