Why You May Want to Keep Your Current Car Insurance
Here's why: The longer you stay with an auto insurance company, the more likely it is that you'll get a long-time customer discount. This discount could increase each year and save you a lot of money over the long-term.
If you have maintained a spotless driving record, you've also built up a good-driver discount that could also increase the longer you stay.
Another great reason to stay with your current insurance provider is because they are more likely to cut you some slack if you have an accident or get a ticket.
You have basically accumulated good will and it's nice to have it when you need it.
Also remember that if you have an auto and home insurance policy with the same company, you will lose any discounts you get from linking these accounts together - sometimes up to 15%.
If you're going to switch, make sure the new company offers better rates combined.
So before you automatically jump ship to get better rates, consider these benefits before making the switch.
3 Steps Every Car Buyer Needs to Take to Save Maximum Money
The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:Step 1 Get Prices From My Trusted Network
Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).Step 2 Get Prices From TrueCar / CarsDirect
TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.Step 3 Complete my Checklist
Follow this up with my checklist to make sure you squeeze out every last bit of savings.- Gregg Fidan
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
About The Author
Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate
the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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