Along with paying for gas and maintenance, automobile insurance can be one of the more pricier aspects of owning a car. Because 3rd party car insurance is required across all Australian states, there really is no way to avoid this additional expense, and you may find that it’s taking away quite a bit from your monthly budget. However, maintaining car insurance doesn’t have to break the bank if you know what to do. Use this information to learn more about how to lower your premium so you can drive protected without completely draining your finances.
Consider Making A Move
One technique you can use to lower your automobile policy premium is to consider moving to a different zip code. Doing this may prove to be the key to helping you keep your car insurance rate at a manageable level.
The reason why your premium may decrease when you move to a different part of town is because of the difference in zip codes. Insurance adjusters use factors such as the rate of vehicular accidents and break-ins by zip code to compute your insurance rate. If you happen to live in an area where these types of incidences are frequent, you could be paying a much higher rate of insurance than you actually need to.
Moving may also help if you happen to relocate to a residence that is closer to your job. Some insurance companies ask policyholders for an estimate of the number of miles it takes to get back and forth to work. The logic behind this is that the more time you have to spend on the road, the greater the likelihood that you’ll be involved in a car-related incident.
Getting closer to your job, along with selecting a zip code that is low on automobile incidents may turn out to be an excellent way for you to save. Use this website to research the intended zip code before moving there to make sure it is the right choice.
Defensive Driving Can Also Help
Another method you can employ in your quest to get an affordable car insurance premium is to take a defensive driving course. The purpose of these classes is to teach you techniques that will help keep you safer on the road so there is a decreased risk of an accident. Following distance, passing rules and anticipatory skills are just a few of the things that you’ll learn during the course. Because insurance companies recognize the value in keeping their policyholders away from accidents, they may award you a discount once you submit a certificate of completion.
Saving money on your car insurance doesn’t have to be out of reach. Start using these methods today so you can keep more of your hard-earned money in your pocket.