HARTFORD, Conn. (WFSB) – All this month we are offering tips on how to save money and make money in tough economic times.
We’ve talked to you before about your homeowner’s insurance, now we’re taking our advice on the road, with auto insurance. Running Victor Auto Body Works in Middletown for nearly 70 years means that Tyler Rok doesn’t hear the engine all day.
You’ve heard everything you can think of from customers about their car insurance. Rok says: “Nine times out of ten when they leave us, they ask which insurance company they should go to because there are a lot of caveats in some insurance companies that are not revealed until you have an accident,” says Rok. While Rok won’t tell us which company to choose, he, along with other experts, told us ways you can save on your monthly payments, while still getting the support you need.
GET AROUND, SEE ARTICLES:
First tip: shop around and pay attention to reviews. “I look at Consumer Reports, I look at the BBB, and what complaints are being made against other insurance companies before I make a decision,” says Rok.
CONSIDER TYPES, CONSIDER THE CARS YOU BUY:
Loretta Worters of the Insurance Information Institute says you want to compare prices every year, especially before you buy a car. “There are some cars that are very expensive to repair, others that are stolen more often,” says Worters. For example, the 2000 Honda Civic and the 2004 Honda Accord. According to the National Insurance Crime Bureau, these are the most likely stolen vehicles in Connecticut, which can increase your premiums.
raise YOUR DEDUCTIBLE:
One way to lower your costs is to raise your deductible. “You can save about 20% on your insurance if you increase the premium,” says Worters. But be careful, make sure you check first how much the government wants you to have, and how you can get money in case of an accident. Here are the CT rules: https://bit.ly/3zyVLTO
DISCOUNTS, AND DRIVER INSTRUCTIONS: The good news is: there are many different types of car insurance out there. Sometimes you can receive a discount, anywhere from 10 to 30 percent, by signing up for your insurance company’s driving program. That’s only if you’re a good driver, Peter Kochenburger of the UConn Insurance Law Center says. “It depends on how you drive,” says Kochenburger. “How can I be broken?” Do I make too many left and right turns? Am I speeding up? They make a game out of it. Well, if I clean it easily, can I still reduce my expenses? It gives you more to do.“Tyler Rok says his son made a lot of money. “He went from $200 a month because he was only taking 19 to $160 a month because of his driving habit,” says Rok.
LEAVE OTHER HELPS:
Depending on the age of your vehicle, you may be looking at a download that you don’t need. Collision and adequate insurance coverage often people change. “You want to be careful because used car prices have skyrocketed in the last few years since the pandemic,” says Rok. If your car is worth more than your deductible, plus your annual payments, get rid of it. Collision and fit doesn’t pay more than the car is worth. “The old adage was that when your car is 10 years old, your dealer tells you that you don’t need a collision. These days, the average 10-year-old car is worth more than $10,000,” says Rok. hit. When it comes to 3 or 4 adults. “
RETURN: What about canceling the rent refund? It is an extra that covers the rental car fee if your car is being repaired due to loss or an accident. Our experts would not. “Most of the time, it won’t save you a lot of money. And as a mechanic, Tyler Rok says that’s where customers want their insurance the most but find that saving a few dollars a year has left them with nothing to do. “People come in and find out I don’t have one to rent,” Rok says.
ROAD ASSISTANCE:
But when it comes to roadside assistance, “if you have a Triple A card in your bag for roadside assistance, I would suggest not getting any kind of assistance through your auto insurance because you will be on the road 5. times as long as you do triple a. Remember, you are who you are.” on the road, so you have the final say. “It’s your car, it’s your choice,” says Rok.
