WHAT IS THE CHEAPEST CAR INSURANCE?

“Cheap” insurance may not exist. Remember the phrase, pay me now or pay me later certainly applies to insurance policies. “Cheap” rates may mean you won’t have the coverage you need if and when you really need it. Here are three things you can do to reduce your cost: (1) shop around– go on line and check rates, but be honest. All carriers check driving records; (2) raise your deductible — most people carry low deductibles. Look at $1,000 or higher. That means if something happens you pay the first $1,000, but DON’T cheat yourself on the limits. Carrying state required minimum limits means if an accident happens you would have to pay thousands out of pocket; and (3) add to other policies– if you have renters insurance or a homeowners policy check with that insurance carrier first. Most carriers offer discounts for multiple lines of insurance with the same company.