One of the most interesting expenses that we have on our budgets every month would definitely have to be insurance. Specifically car insurance, but we suppose that other types of insurance would be eligible as well. You see, there comes a point where it gets frustrating to pay for insurance. You’re paying all this money for something that you hope that you’ll never have to use, otherwise your costs go up even more. This is something that we know is frustrating, but the truth is that you are just going to have to suck it up and roll with the punches, you know? We’re not trying to be rude, but the reality is that insurance is here to stay, and you will need to have car insurance in order to make sure that you are legal and safe on the road. The fines for not having insurance are pretty stiff, and with good reason — if you hit someone without insurance, they’re stuck trying to figure out how to repair their lives and their car in spite of your negligence.
Yet today’s question is a little different — what if you’re really not that much of a driver? Should you still have to pay the same rates as someone that drives 10, 15, or even 25 thousand miles a year? Certainly not. What you have to step back and realize is that the insurance industry is based on the principles of risk management. This means that there are a lot of opportunities to actually cut down on your rates by simply cutting down on your risk. So if you’re not that much of a driver, you should definitely speak up.
Calling your insurance company about the matter may or may not be as productive as you would like, however. You see, you will nee dot provide proof that you don’t drive that much. You can opt into a lower policy that saves you money, but you definitely don’t want to try to go behind the company’s back on this. For one, they’re going to take record of what your odometer read at the start of the year. If you drive more than that, you can bet that there are going to be extra fees involved with keeping you on as a customer.
If you really want to make sure that you save money on car insurance, it can be worth your while to simply turn down the amount that you drive. This is much easier to do if you carpool or you live in an area where mass transit options are abundant. If you live in a more scattered region, you might be on the hook still for those higher rates.
Of course, if your insurance company isn’t going to cooperate, you might want to start thinking about switching to another insurance company that is more receptive to hearing you out. You can go online and compare insurance quotes, which is actually the smart way to do it. It sure beats having to drive all over town and waste gas just trying to save money. When you look at it from a different perspective, that approach doesn’t even make sense — why would you spend money just to save money?
Overall, could driving less really be the key to saving money on auto insurance? Definitely. However, you will still need to make sure that you’re doing your homework on the subject and looking into every option possible before making a commitment. You can do it — get out there and get a better insurance rate today!