In my early 20s I suffered from a medical condition known as lead foot. The ailment caused my car to move at speeds much higher than posted speed limits. Through a regiment of prescription strength speeding tickets, I was cured of my illness. Along the way I learned how to get my auto insurance bill low just by being aware of how my own habits affected the bottom line.
At the time I drove a 1997 Toyota Tercel Blackhawk. Although it wasn’t anything fantastic I could get it up to speeds in excess of 100 miles per hour. By the time I had the car for just two years I was paying almost $4,000 a year of insurance. The car itself was only worth about $2,000. After realizing I was paying enough to buy my car twice each year, I decided to figure out how to get my rate lowered.
The first thing was of course to slow down. I made a conscience effort to adhere to the speed limits. In California it takes three years for speeding tickets to drop from ones record. It was important to stop my behavior but financial savings from this would take a few years to see.
I called several insurers to see what my options were. After calling several different companies I found many are will to give better rates when they know you are calling their competitors. I finally settled on one that offered a 50 percent decrease. I was pleasantly surprised they were willing to lower my rate by so much.
The key I found to low rates is to make sure the insurer understands everything about you that shows you are less of a risk. I explained my role at work. At the time I had about 20 people working for me. Although I had an apartment, I had been there over a year. My new insurer liked this too.
In my experience, the best way to get better rates on auto insurance is through responsible driving and open communication. Even with a lead foot you can get good rates when you decide to slow down. Remember to be open with your insurer and you should do just fine in getting the savings you are looking for.