1. Trim your car insurance premiums
Take a little time to shave even more off your vehicle insurance bill. Start by reading Money Talks News founder Stacy Johnson’s “The Secret to Getting the Best Possible Deal on Car Insurance.”
Next, try these steps:
- Call your insurance agent. Ask how you can save on your insurance. For example, discuss raising your deductibles (which may lower your premium) or whether it is no longer worthwhile to pay for comprehensive and collision coverage for an older vehicle. Also, ask about getting a deal for bundling your auto insurance with other policies, such as homeowners, renters or a jewelry policy.
- Take a defensive driving class. Careful drivers are cheaper to insure. If you’re an AARP member, there’s even an online course you can take. CarInsurance.com says:
“[S]tates may require insurers to offer certain discounts to encourage good driver behavior — such as taking defensive driving courses.”