Tips to Lower Auto Insurance Premiums

The Insurance Information Institute offers these suggestions to help you save money on auto insurance:

        Ask for a higher deductible - A deductible is the amount of money you pay when making a claim. Carrying higher deductibles can reduce premium costs substantially. For example, increasing your deductible from $200 to $500 could reduce your collision and comprehensive costs by 15% to 30%.

        Drop collision and/or comprehensive coverage on older cars - If your vehicle is worth less than $1,000, you'll probably pay more for coverage than you'd collect on a claim.

        Buy a "low-profile" car - Explore insurance costs before you buy a new or used vehicle. Vehicles that are expensive to repair or that have a high theft rate generally have higher insurance costs. Check out the Highway Loss Data Institute's list of injury, collision, and theft losses at www.carsafety.org.

        Take advantage of low-mileage discounts - Some companies offer discounts to motorists who drive fewer than a certain number of miles each year.

        Ask about discounts for automatic seat belts or air bags.

        Ask about anti-lock brakes - Anti-lock brakes improve steering control when you brake, reducing accidents. Some companies provide discounts if you have this option on your car.

        Inquire about other discounts - Some companies offer discounts for insuring multiple vehicles, having no accidents in three years, being a driver older than age 50, taking driver training courses, or using anti-theft devices. And find out if your teen driver qualifies for a good-student discount.

Denali Alaskan Insurance is your independent agency, using a variety of insurance company programs to develop the best possible rates and schedule for your needs.  Call Denali Alaskan Insurance today at 257-1625 in Anchorage, 694-6860 in Eagle River, 373-2223 in Wasilla, or 800/770-1825 toll-free from anywhere in Alaska.

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