The area in which you live does impact the cost of you automotive insurance. It may seem a bit unfair, but it’s true. Locations that have higher crime rates tend to also have higher automotive insurance rates.
Of course, there probably aren’t too many people out there who are willing to shop for a new home in a completely new area, put their houses up for sale, and leave town just to save money on automotive insurance, and that’s completely understandable. That’s why we’re going to offer some tips on how you can possibly lower the cost of your automotive insurance and keep your home.
First, take a look at your vehicle. Was it expensive? Is it flashy? Is it a vehicle that many people would love to drive but can’t afford? If so, your vehicle is at risk for being stolen or burglarized. Vehicles that aren’t at risk for being stolen or burglarized tend to get lower automotive insurance rates. Consider trading your flashy car in for a more subtle ride.
Then, and this is especially important for those of you who aren’t willing to trade your cars in, take a look at your safety components. Do you have any kind of anti-theft system for your vehicle? Having one of these will not only protect your car from being stolen, but it will also protect your valuables inside, i.e., some crook won’t come along and break the window to get your CD collection. This means your automotive insurance rates could be lower since your insurance company won’t have to worry too much about replacing windows.
Finally, take a look at where you park your vehicle. On the side of the street? In a back alley? Consider parking your vehicle in a safe, well-lit, and guarded parking garage. Your insurance company will appreciate your effort to protect your car, and they might just reward you with lower automotive insurance rates.