Hi folks, J.G. Wentworth here.
Most folks know us as the company that helps people around the country get a lump sum of cash for their structured settlement or annuity payments. But while we are exceptionally proud of our national reputation, we also take great pride in giving our customers tips on another topic we also take very seriously: saving money.
One frequently overlooked way to save money is by buying auto insurance at great rates. Far too often, regardless of what state they live in, folks buy car insurance from the first insurance company that answers the call. That’s all well and good – unless, of course, you actually care about your money.
And don’t we all?
So without further ado, here are five great ways you may be able to save money on auto insurance – and put that money straight into your pocket.
1) Shop around when you first buy car insurance
No matter what, do not take the first car insurance offer made to you. Hang up the phone and call another company, or shop online on the Internet for other offers – which all should be given to you in free, no-obligation quotes.
2) Already have car insurance? Find a better quote from another company – then call your current company and talk to them about it.
This is an option far too few customers take advantage of. But you may be surprised what your current car insurance company will do if they are afraid you will leave them for another company.
3) Look into “package” deals from insurance companies
Instead of going to different companies for car insurance, homeowners insurance, etc., consider talking to one company and seeing if they will offer you one price to combine the services.
4) Have a great driving record, or has it been awhile since your last accident? Call your insurance company and tell them!
Some insurance companies have “good driver” discounts that you may have originally neglected to take advantage of.
5) See if any organizations you belong to offer group discounts
Your credit union, for instance, may offer a partnership that could get you a group discount on your auto insurance.
6) Consider changing some of your coverage terms
If you have an older car, you may want to drop some of your comprehensive or collision coverage. In some situations, it may be costing you more to ensure an older car that it would be to replace it. Of course, the converse may be true, in that insurance may be an inexpensive way to replace your car with a few thousand dollars. Just take some time and do the research to see what would work best for you.
We hope the above gives you at least the window into some of the savings opportunities out there when it comes to buying auto insurance. Feel free to search here on the Internet for other words of advice that may be more directly applicable to your car and driving history. And above all, please remember that apart from how much we love saving our customers money, we are also always here to help you get cash now for your structured settlement or annuity payments. Please give us a call anytime at 1-877-227-4713.