Secrets to saving on auto insurance


NEW HAVEN, Conn. (WTNH) — As you plan for summer vacations, you may be looking to trim your spending in other places.  A car is one of the most expensive purchases many of us will ever make. It’s important to protect yourself with insurance but you don’t want to overpay. Which is why News 8 found out the secrets to savings from Nationwide’s Allison Heit-Tirozzi.

“You can get the premium knocked almost in half,” she said.

For starters, typically the more you bundle the less you pay. Add in your life or home insurance if you haven’t already.

“You’re getting an auto discount with the home, you’re getting an umbrella discount with the auto and the umbrella, you’re getting a life insurance discount or retirement credit on the auto and the home. So the more that you have, the less you’re going to pay,” she said.

Or if you have good credit, some companies will factor that in.

“I’ve seen $700 and they run the credit and the credit score knocks it down to $350,” Heit-Tirozzi added.

You could be eligible for savings if you have children on your policy who are away at college, if your students are getting good grades in school or if your cars value has dropped and you no longer need collision coverage. Many companies will even shave money off if you go paperless.

“(You could save) approximately $22 for 6 months, so that’s $44 for a whole year just by telling nationwide don’t send me anything in the mail,” she said.

These are discounts offered at Nationwide. Your policy may be a little different, but it doesn’t hurt to call and see if some of these, or other discounts apply.

Catch an all-new Stretch Your Dollar weekday mornings on Good Morning Connecticut.

WTNH NEWS8 provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review. Also, you can now block any inappropriate user by simple selecting the drop down menu on the right of any comment and selection "Block User" from there.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s