Who doesn’t want to trim down an auto insurance bill without slashing away policies or boosting the deductible? If you are like most people with a vehicle, saving money without compromising the quality of your policy is important. At Hanneken Insurance Agency Inc. we understand the importance of doing exactly this. Which is why we have a few suggestions on how you can save money on your Little Falls, MN insurance policy.
Yes, it is possible to cut down on your insurance costs with some equipment upgrades. A GPS tracking system installed on the vehicle makes it easier for police to track before it is scrapped or sold off. A new vehicle alarm and wheel locks also can go a long way in reducing your costs. Just make sure to let your insurance provider know about these upgrades.
Cutting Your Mileage
Your auto insurance policy is often based on how much you typically drive annually. The more you drive, the more likely you will be involved in an accident. It’s simple odds. If you find you are not driving as much annually as your policy states, you can cut down the mileage amount. This can have a direct impact on the overall cost of your insurance.
Ask your insurance provider about discounts. From good driver discounts to good student discounts, there are many options for saving money.
At Hanneken Insurance Agency Inc. we want to make sure you have the right policy for your particular needs while saving you money at the same time. If you are considering a new insurance provider or are just curious as to how we may be able to save you money without cutting down the quality of your policy, give us a call at your convenience. We’re here to help you save money in Little Falls, MN
It may be a milestone that your child is excited about, but seeing them become a licensed driver can definitely bring out some concerns for you as a parent–especially since your auto insurance is bound to go up. Fortunately, just because you have a high-risk driver now listed on your policy, it does not mean there are not ways to save money. Here are a few opportunities for discounts and savings you should check out with Hanneken Insurance Agency, Inc, an insurance company serving Little Falls, MN.
Good Student Driver Discounts
When you child obtains their learner’s permit, there could be even more of a reason for them to keep their grades up at school. Some insurance companies do offer good student driver discounts for teens who keep a good grade point average in school.
If bringing your child on as a licensed driver also means adding another vehicle to your insurance policy, there may be an opportunity for you to save. Multi-car discounts are applicable if you have more than one car to cover on your insurance policy.
Driving Behavior Monitoring Discounts
One of the relatively modern ways to save with auto insurance is with companies that offer discounts based on usual driving behavior. For this discount, you usually have to plug a small monitor into your vehicle that keeps tabs on things like usual speed, sudden braking, and acceleration patterns. Not only will this give your teen a reason to stay cautious and safe while they drive, with good behavior, you could be rewarded with a discount.
In the end, seeing your child get their driver’s license shouldn’t be a financial burden. Contact us at Hanneken Insurance Agency, Inc. serving Little Falls, MN to find out more about discounts you could b eligible for.