How can I lower my auto insurance as a member of the military?
I want to know how I can reduce my insurance costs. My car got hit in a parking lot and my insurance said I needed to pay my $500 deductible before they'd cover anything, which is also way too expensive.
Answer provided by
Answered on May 07, 2021
“With comprehensive coverage and collision coverage, any claims you submit require you to pay your deductible first. If you’re not at fault, the other driver’s insurance will typically reimburse you or you won’t be required to pay your deductible.
You do have the ability to lower your deductibles, but this will increase the cost of your insurance. To save money, you could reduce the amount of liability insurance you have.
If this isn’t an option, the easiest way to reduce the cost of your insurance is to shop around for better rates. Many insurance companies also offer military discounts.
You can request car insurance quotes online and compare prices. You may be able to find a carrier that will save you money on the coverages you currently have, or offer lower full-coverage deductibles.
If you’re looking for a new insurance company, Jerry can provide you with competitive quotes in under a minute.
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Browse by topics
What others are asking
What is a future effective date and how does it make my car insurance cheaper?
I am car shopping and the insurance agency told me that if I set up a new policy with a future effective date, I could get a discount. What does this mean?
Apr 13, 2021
Will my auto insurance company give me a refund since I was able to find a lower rate elsewhere?
My renewal for insurance just came up and the price increased. I got a quote from Safeco and it's significantly less than what I'm paying with Farmers. I called my agent and they said they could rewrite my policy to give me a lower rate. Will we get a refund for overpaying? Shouldn't my agent have been shopping around for me previously?
Apr 30, 2021
"How long should I build my credit before buying my first car at age 18? "
"I will be 18 in a few months and buying my first car. I have a great new car in mind, I have steady income, and I have saved about $15,000. Can I qualify for a loan as soon as I turn 18? Or should I get a credit card and build some credit first? "
May 05, 2021