Top tips to save money on your van insurance.
Safety does pay off. While front air bags have been standard for quite a while, side and curtain air bags are the new rage. They are also some of the safety features that can reduce your premium. Some others include: anti-lock brakes, traction control, and the new “stability control.” A recent study found that having stability control on cars reduced fatal car crashes by 30% in cars and 67% in mini-vans! So make sure you load up on safety features and tell the agent when getting van insurance quotes.
Keep it safe and secure. Many insurance companies will give a discount if your vehicle is parked in a secure location such as a garage. Before you purchase your insurance, make sure you find out what the company considers “secure” so you can save the most money.
Back to school for everyone! If you are young and need a discount, maintain a 3.0 annual GPA and get the student discount. They make you send in proof once a year. If you are not in school, take a certified driver training or defensive driving course. The class likely will save you money.
Dull and inexpensive is the way to go. Getting a low to medium priced sedan is a much lower premium than a red sports car. If you get something too big, it causes too much damage. If it’s too small they figure it takes too much damage. Make sure you research different models within the class. There could be a significant difference.
Shop till you drop. Several consumers stay with the same insurance company for their whole life. However, you could be missing out on hundreds of dollars a year. Make sure you compare several different competitors when you get van insurance quotes. Also, see if they have a loyalty discount if you like to stick with the same company, or find one you really like. Every one to five years, you should comparison shop to see if you are missing out on some major savings.
Keep your discounts. Be a good driver. Don’t get in any accidents, or get any tickets. These usually take 3 to 5 years to clear off so you can get your good rate again. One way you can do this is drive less. It lowers your chances of an accident. Also, consider having a short distance between work and home. This may get you a discount. Industry experts agree that one should get a minimum of three quotes before making a purchasing decision.
