5 Money-Saving Tips Insurance Companies Wish You Didn’t Know

Your insurance company can help you in a lot of ways. But at the end of the day, they’re still an insurance company and they need to make money. They may not always be honest about all ways you can save money on car insurance. Always compare car insurance quotes before you buy. This is the best way to find a company suited for who you are as a driver.

If you want good tips and ways to save money on car insurance, Quote Purple will tell you everything your insurance company won’t. Here are just 5 ways you can save money on car insurance that your insurance company won’t tell you about. 


Don’t Drive That Much? Opt For Lower Coverage

When most people go for lower coverage, they usually like to take off areas of coverage. Rather than sacrificing your coverage to save money, you should really be thinking about how many miles you really need coverage for. Try opting for low-mileage insurance!

Being on the road less means you have lower risk of having an accident. That’s why your insurance company does offer the same coverage, but at a lower cost if you drive less. There are some qualifications you’ll need to meet, such as a mileage limit.

Another way to get lower coverage if you don’t drive that often is to opt for pay-per-mile coverage. This coverage offers the same coverage as our normal insurance, only you pay for how many miles you drive rather than just the flat premium. For example, let’s say you have a flat fee of $30 with a $0.05 per mile charge. If you only use your car an average of 1,000 miles a month, you only have to pay $80 a month! With telematic technology and devices, you can now track your miles easily.

Estimate how much you drive a month. Next, get quotes on both low mileage and pay-per-mileage coverage. After calculating how much each will cost you a month, you’ll see which one can save you more on car insurance.

About To Buy A New Car? Make Sure You Get A Quote First

Certain cars have higher insurance rates. Luxury vehicles, electric cars, and commonly stolen vehicles are often more expensive to insure. You don’t often think of your insurance coverage before you buy a car, and it’s definitely not something your insurance company will tell you to do before you buy a car!

Getting a quote on your potential car’s insurance will show you how much that car will cost in the long run. You may also want to see what other safety features your car has.

Features like driver-assist and motion-sensing technology can help prevent accidents. This also means that some insurance companies will offer discounts for drivers with brand-new vehicles. More safety features in new cars means getting in less accidents, which saves you more money.

You Do That For A Living?! That Can You Save Money

Certain professions like nurses, first responders, and teachers can get some sweet deals on car insurance. Insurance companies offer discounts to people in certain professions for a couple of reasons. Statistically, drivers in these professions are often safer when they drive, making them a lower risk to insure. Giving discounts to these drivers also acts as a way to give back to the community, for all the services they do.

Some insurance companies will offer more discounts than others. So you should always shop around to find the best quote. For a personalized quote, you can always call Quote Purple to talk to one of our partners about discounts for some of these professions:

  • Teachers
  • Nurses
  • Doctors
  • Engineers
  • Piolets
  • Architects
  • Law enforcement
  • Military personnel
  • Certified public accounts

University or College Alumni? You Can Also Get Discounts

With a higher education, you’ll be able to receive more discounts on your car insurance. When filling out your car insurance quoting tool, always put your highest level of education. This will get you up to 4% off your car insurance premium! 

Even if you only only have a bachelor’s degree, you can still get discounts. You can get even more discounts if you were a part of a:

  • University society
  • Sorority
  • Fraternity
  • Honors groups

Most major university groups often have discounted group insurance. Check with your alumni group to see if they offer group car insurance discounts.

Do You Value Safe Driving? That’ll Save SO Much Money

If you value safe driving, your car insurance company will reward you for that. Less accidents and roadside violations on your driving record means you’re a lower-risk driver. Even if you’ve had an accident or a couple of speeding tickets, you can still find other ways to prove you’re a safe driver.

Taking defensive driving and safe driver courses won’t just help you learn to better maneuver through road risks, they’ll also save you money on car insurance. We normally take these courses when we’re first learning to drive. However, it doesn’t hurt to take a refresher, and you may even discover something new.

These courses are super affordable and take barely any time to complete. Most safe driving courses are less than $40 and only take 4 to 6 hours to complete. What an easy way to save money on car insurance and prevent future accidents! Check with your insurance provider to see which course you need to take to save money on your car insurance.

What Else Can You Do To Save Money?

The best way to save money on car insurance is to be a low-risk driver. This means valuing safety and not getting into accidents or having any kind of roadside violations. However, the best way you can save money on car insurance is to compare quotes before you buy.

You should always find car insurance suited to your needs and to who you are as a driver. That’s why Quote Purple can get you quotes from multiple different car insurance companies, so you always get the best one. Call Quote Purple to get a personalized quote today!

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