5 Money-Saving Tips for Summer and Managing Your Auto Insurance

Posted on July 17, 2023 by Active Insurance

Active Insurance

Summer usually means an increase in many things – temperatures skyrocket, electric bills rise, and gas prices can surge too! At this time of the year, savings are a must, no matter where they
come from. At Pronto Insurance, we know you and your pocket can potentially benefit from auto insurance savings. So, we want to share five tips to help you keep some money in your pocket while staying protected on the road.
Review Your Policy
Reviewing your auto insurance policy at least once a year is essential, and summer is a great time to do so.
 Assess your coverage needs and evaluate any changes that may have occurred.
 Consider factors such as vehicle depreciation, changes in driving habits, and personal circumstances can impact your coverage requirements.
 Review your policy, you can make sure you’re not paying extra for things you may not need.
Policy Bundles
If you have separate auto and home insurance policies, it might be time to bundle them up.
Most insurance companies offer discounts when you do so. Plus, bundling your policies helps simplify your insurance management by consolidating everything under one provider.
Raise Your Deductible
Your deductible is paid out of pocket before your insurance coverage kicks in. If you increase your deductible, you assume more responsibility in the event of an accident but save on your
monthly premiums.
Please note: you must ensure you can comfortably afford an increased deductible in case of an accident before you make the change.
Maintain a Good Record
This one may go without saying, but a good record is one of the best ways to keep your auto insurance costs low. It demonstrates to insurers that you are a responsible diver. So, ensure you’re always observing traffic laws, avoiding speeding tickets, and practicing safe driving habits.
Shop Around
Beat the heat, not your wallet. If your insurance provider is not offering better rates, don’t be afraid to shop around with other companies. Take time to:
 Compare prices
 Review rating systems
 Evaluate pricing structures
By gathering multiple quotes, you can get closer to the best coverage at the most competitive rate. Contact the insurance agents at Pronto Insurance to get a quote today.