Join a Club Or Organization to Lower Your Car Insurance Rate
I live a busy life, and so for a long time I didn’t bother to join any kinds of clubs or organizations. In fact, except for a brief stint in the Society for Creative Anachronism, I hadn’t been part of a club since high school up until a couple of months ago, when I joined AAA. I quickly began to reap the benefits. When I went to visit my brother in San Francisco, I got fifteen percent off of my hotel room price simply for being a member of AAA. I can’t even begin to list the savings I’ve grabbed for joining that organization.
My favorite one, though, would have to be the better rates I now get on my car insurance premium. I get a ten percent discount through AAA, and along with all of the other discounts I get, I’m riding pretty cheap, a lot cheaper than I was, say, a year ago.
And things like AAA aren’t the only ones you can join. You can also join one of the many car clubs out there for your specific type of car. Normally, the people who join these clubs are the ones who make additions to their car, turn them into high performance cars, or own classic cars. However, even people who don’t normally think more about their car than to get the oil changed can join these clubs.
I joined a club for BMWs last month, even though I’m not a big expert on cars. My deal is the insurance, not the car itself. However, there is a special place in my heart for my 1987 BMW 325i, and so I figured, why not? Well, I haven’t seen the returns on car insurance yet, although when my premium renews I will be getting a 15% discount from this club as well. In the meanwhile, all of the information about this car that I previously knew so little about has been both helpful and interesting.
Combine Home and Car Insurance Policies to Get a Lower Rate
When I lived in California for about half a year, one thing that I realized when searching for a good car insurance company was that many of the companies there weren’t dedicated to car insurance alone, but also offered things such as renter’s insurance, homeowner’s insurance, and life insurance. At the time I already had a life insurance policy back home, but since I intended on getting car insurance there and also was renting a short term lease apartment, I decided to get renter’s insurance as well.
When I combined these two policies, I received a ten percent savings on both of them, discount that I would not have received if I had gotten my car insurance from one company and my renter’s insurance from another. This is called the combined insurance discount, and it’s why it’s a good reason to get all of your insurance policies with one company. Not only is it cheaper, but it makes everything simpler as well. If you need to file a claim for your insurance as well as your homeowner’s insurance, you only have to go to one company. And you can pay all of your bills together.
In a similar vein, you can get cheaper insurance rates, although not outright discounts, when you have more than one person or vehicle on your policy. This is why most married couples see their rates go down after the wedding day, or at least it is part of the reason. If you add other members of your household to your policy, it dilutes the risk and you will see your car insurance rates drop. I found this out when I got on a policy with my roommate, but it is true for everyone.
As a final note, one thing that many people do not know about is that a lot of companies who deal in insurance offer renewal discounts. This is not necessarily a discount only for renewing your policy with them, but is usually something that you get after you have been with the same company for several years. If you find a good company that will consistently offer you the best car insurance rates, then stay with them and ask about the renewal discount. However, don’t stay with a company just for this discount when you can get better rates elsewhere.
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