Save on Car Insurance Like the Rich (But Without the Fancy Yacht)
So you want to save on car insurance but don’t have a private jet to fly off and negotiate your rates in a fancy penthouse? No problem. You don’t need to be the heir to a vast fortune to get that rich-person feel when it comes to saving on your car insurance premiums. Here’s how to save big while still looking like a mogul.
1. Drive the Car of the Future…or the Past (AKA Pick the Right Car!) Let’s face it – rich people know the power of a good investment. The car you drive can drastically affect your premiums. High-end sports cars are fun, but they’re also expensive to insure. Opt for something that’s not too flashy but still stylish. Think of it as the “I-have-money-but-I-don’t-need-to-show-off” move. A solid sedan or a fuel-efficient hybrid can keep your premiums low while you coast in eco-friendly, low-maintenance glory.
2. Bundle It Like a Pro Rich people may have multiple properties, but they also know how to bundle insurance policies. Whether it’s auto and home or auto and life, bundling can save you big bucks. It’s like throwing a chic soirée where all your friends (policies) come together and save you cash.
3. Take Advantage of Discounts (Yes, They’re for You Too!) Who doesn’t love a good discount? Sure, the ultra-wealthy might get their custom-tailored suits on sale, but you can snag discounts like good-driver perks, low-mileage discounts, or even a solid safety record. If you don’t have a clean driving history, consider taking a defensive driving course. Bonus: It’ll also give you a chance to live out your secret Fast & Furious dreams.
4. Call around every year! Sound like a pain? This is the best car insurance tip. Your insurance needs change over time and auto insurance companies count on your being too lazy to check around! You don’t need to wear an ascot to pick up the phone and call some place! This will save you $$$!!!
By following these simple yet savvy tips, you’ll be saving money on your car insurance like a billionaire, even if you’re still driving that compact sedan! Happy savings, future mogul.