When Is the Best Time to Buy Car Insurance?

Best Time to Buy a Car

Insurance for all your property is always a good decision; however, high premiums are causes of worry for many people. Property owners are constantly looking for ways to reduce their premium rates, and this article examines some of the ways to reduce car insurance costs. There are many factors that go into determining car insurance rates such as age, location, and individual risk assessments.

One of the best ways to impact your insurance costs is by maintaining a clean driving record. This is also the most easily controlled factor. With the introduction of technology that allows insurers to monitor driving habits, it’s become even easier for safe drivers to get discounts on their car insurance. Abstaining from bad road behaviors like speeding, drunk driving, texting and driving, and tailgating will go a long way in keeping a clean record.

Another factor within your direct control is your credit score, which seems to be the most important factor in estimating insurance premiums. Insurance providers are usually lenient with clients that have high credit scores because they often have better driving records compared to people with low credit scores.

Insurers also consider different safety measures on your vehicle and where it is parked at night. Simply moving your car into the garage at night can offer discounts because it lessens the chance of break-ins and vandalism during the night. Other safety measures like a car alarm or GPS programs that can help locate your vehicle if it is stolen can also help lower your premiums as it helps to mitigate the risks that insurance companies take on when insuring you.

Another way to save money when buying insurance is by shopping around and comparing prices. It doesn’t hurt to get a quote from multiple insurance companies, and you might just find a lower rate with another company than the one you are currently insured with. Checking prices once or twice a year can be a way to ensure you are still getting the best price for your car insurance.

Car owners should also be open to changing providers if necessary because it isn’t certain to assume that your long-time provider is offering the best deals. Always compare market prices to ensure that you are getting the best coverage at the best price.

Some have argued that purchasing automobile insurance is cheaper at certain times of the year, compared to others. There are different road risks associated with the four seasons, and this may affect the car insurance premium rate.

  • Winter

Winter tends to bring storms and blizzards, and statistics have shown a significantly high number of accidents at this time of year. The icy roads and poor visibility due to thick air do not support safe driving, and this may influence the premium estimation by your insurance company.

  • Summer

Summer is another season associated with frequent car accidents, which may be because many are willing to travel by car, due to the clear and bright skies. Reports have shown more accidents during the summer season on the major highways. The heat of summer may also cause vehicle problems like overheated engines and tire blowouts.

  • Spring

Spring begins right after daylight saving time (DST) begins, which increases the risk of accidents caused by drowsy driving. Statistics have shown the increase in drowsy-driving accidents during this period to be due to sleep deprivation. Spring also records sudden and heavy rainfall which can cause fatal car accidents. Pools of water on the road and poor visibility are common causes of accidents during springtime

  • Fall (Autumn)

Fall, also known as autumn, records the least amount of automobile accidents caused by weather. This time of the year would seem like an ideal time to buy your insurance because it could attract lower premiums.

Three out of the four seasons bring about new road hazards that can cause car accidents. Although autumn brings about minimal risks of car accidents, that isn’t to say that automobile accidents do not occur during this period.

Do you have more questions regarding your car insurance? For your car insurance needs in Phoenix, Arizona, contact the professionals at American Premier Insurance. We are ready to get you reliable coverage.