June 21, 2021
Be Smart, Save Up, and Maximize Your Insurance
One of the major expenses in owning a car is paying for its insurance. Unfortunately, insurance premiums are becoming more expensive because of the increasing number of lawsuits and fraud cases involving vehicle-related accident claims.
The good news is that there are many legitimate ways of lowering your car insurance premiums. You just have to be patient and smart before signing an insurance contract.
Here are 6 tips that can bring down the cost of your car insurance.
- Maintain a good record.
You may not know it, but your driving record can factor into the computation of your insurance cost. After all, a bad driver can cost an insurance company way more than a safe driver will. Credit ratings are also considered by insurers when they price auto insurance policies. To maintain your good credit standing, pay your bills on time and keep your credit balances low.
- Shop around.
Before you buy a car, make sure to compare insurance costs. Insurance prices depend on the car’s value, cost of repair, safety record, and the likelihood of theft. Larger cars also cost more. Consider these things before purchasing your vehicle.
- Go for a higher deductible.
When choosing a deductible, or the initial amount you have to pay before the insurance company pays for the tabs in the event of an accident, choose a higher amount in your policy. When you choose a lower deductible, the annual premium will be higher. To make the best decision, you can consult with your agent about what impact your deductible will have on your annual premium.
- Drop comprehensive coverage for older cars.
Take time to review the different types of coverage in your insurance. If you have an older car, you may want to drop collision or comprehensive coverage. It’s because collision coverage sometimes costs half the entire value of your car per year. If you figure in an accident, you could be paid up to $1,000 if it is classified as totaled, but you will be paying $500 a year for collision coverage.
- Install an anti-theft device.
Check with your insurance company if it has provisions for discounts on insured vehicles with anti-theft devices. You can save as much as 25% on the cost in some cases.
- Go for group insurance.
You can sign up for lower insurance rates that insurance companies offer to companies and professional or alumni associations. You can also get discounted rates if you select a policy from an insurance company that also covers your home or offers other insurance policies.
Why Pay Insurance When You No Longer Use Your Car?
It’s such a waste of hard-earned money if you’re still paying for your car insurance even though you’re no longer using that clunker that has already busted your wallet with its series of costly repairs. You got to put an end to your financial hemorrhage!
You can easily do that by simply calling us at Veteran Car Donations and turning over that vehicle to us. We’ll quickly relieve you of your burden by promptly picking up and towing your vehicle wherever you had it parked or stored anywhere in the country. You don’t have to pay us any amount for this since the towing fee is on us.
Moreover, your donation will entitle you to claim the highest possible amount of tax deduction in the next tax season.
However, the best reward you’ll get for your donation is not a material thing. It’s the priceless feeling of joy and satisfaction, knowing that your gift will be used to give the disadvantaged and neglected veterans in your area the decent and dignified life that they fully deserve.
Yes, we will use your donated vehicle to transform the lives of veterans who are living miserable lives. They are those who have become homeless for lack of support, those who can’t find decent jobs to support themselves and their families, and those who are suffering from service-connected disabilities and illnesses, including mental health disorders.
These men and women fought for us and risked their lives to preserve our freedoms and protect us. They surely deserve all the help they can get. And you can help us provide that with your vehicle donation.
We’ll auction off your donated vehicle and use the proceeds to help fund the life-changing programs of our veteran-focused charity partners. These IRS-approved 501(c)(3) nonprofits provide deserving veterans with free quality health care, financial aid, housing assistance, employment opportunities, family support, educational scholarships, psychotherapy services, and many other benefits.
You can donate almost any type of vehicle, such as your old car that’s already worn out or your dad’s truck that no longer runs properly.
Make a Difference with Your Clunker Today!
You’ll have peace of mind when your clunker no longer causes you big trouble. Simply donate it to us at Veteran Car Donations. What’s causing you headaches can make a difference in the lives of the struggling veterans in your area. Call Veteran Car Donations at 877-594-5822 or fill out our online donation form now!