If you drive, you need car insurance in Edmonton. Not only is it for your protection, but it’s the law. However, just because you have to purchase this coverage doesn’t mean you have to overspend. Here, you can learn a few tips that will help you save on your monthly insurance costs.
Conduct a Rate Check Each Year
Have you been with the same insurer for a while? If so, it may be time to do a new rate check. You never know what companies are out there offering lower rates for car insurance in Edmonton. By checking annually, you may be able to save hundreds of dollars a year on your policy.
Choose the Right Deductible Amount
If you have a higher deductible, it helps reduce your premium. That’s because you are paying more out of your pocket if you have to file a claim. Changing your deductible from $250 to $500 could help you cut your premium by 20 to 30 percent. If you have a good driving record, choosing a higher deductible may help you save significantly.
Ask About Discounts
There are many insurance companies that offer discounts, but they may not come right out and tell you about them. As a result, it’s up to you to ask. Be sure to ask if you qualify for any discounts for good driving, good grades, no accidents, multiple policies and other situations.
As you can see, there are several ways you can save money on your car insurance in Edmonton. Implement these tips to see how much you can save.
Find out more about saving money on your car insurance by visiting the Direct-Line Insurance website.
