On average, New York City is one of the more expensive states to insure a car due to the large population and moderate vehicle thefts and crash rates. However, just because auto insurance is expensive, does not mean that there are a few tricks that can save money and bring the insurance costs down! Below we look at seven tips that can help reduce insurance premiums, saving that cash in your wallet for other needs. Start reading from the top, or select the prompt you want to go directly below.
Tip number 1: buy a new or safer vehicles
The highest price that auto insurance companies usually have to deal with pay claims in the event of an accident. For this reason, insurers often charge customers higher rates if their car is older or considered less secure than the other cars on the road. Drivers with new cars are usually involved in less serious accidents as investing in newer, safer vehicle may be a good idea – both for economy and for preventing injuries.
Tip number 2: Maintain a safe driving record
Another great tip to squeeze out savings and lower rates of your auto insurance company is to maintain as a clean driving record, as far as possible. Insurance companies love to provide discounts that cost them very little throughout the year and drivers who do not get in accidents or driving recklessly usually see the highest savings. Please note that usually only takes one accident or serious offense, as the DUI, to see these savings wiped out, so that driving with the same care as possible every time you get behind the wheel is recommended.
Tip number 3: Check insurance costs for your city or city district
Car insurance rates tend to vary depending on where the customer lives up to the zip and the level crossing. If you move to New York or you live in New York and think about how to change, talk with your auto insurance company to determine where the least expensive areas to live. Obviously, we do not expect that you choose a place of residence based on how much auto insurance is, but still, it is always nice to know the information (and this can give you an idea of what areas are safe)
Tip number 4: Move closer to work
This may seem a little strange proposal, but approaches in the workplace can lead to significant savings on your car insurance. Auto insurance companies tend to charge higher premiums to those that commute long distances because they are more likely to be in an accident than those who drive a short distance from the work. Living closer to work, you are a client of lower risk and costs for your car insurance will be reduced accordingly.
In New York, especially, commute to work can be miserable. If you move to a city or region, which is connected to the New York City public transportation (MTA), you can save a lot of money simply by taking the subway or bus to work instead of driving!
Watch this video to find more tips to reduce costs at the New York auto insurance: