Reader’s Question:

I’m fed up with having to throw a great amount of money on my auto insurance coverage here in Mississippi! isn’t there any way I can get more affordable auto insurance rates?

Fatuma

Biloxi, MS

Yes, there are many ways to get savings and make for a more affordable auto insurance coverage. You just have to know what to look for and where. Below are information that would be very useful in lowering your auto insurance expenses there in Mississippi.

First, evaluate the kind of policy that you have. What kinds of auto insurance coverage does your policy have? What you would really need to carry in the long run are coverage for liability (in case you cause injury to people or damage to property in a car accident), Collision Coverage (which pays for damages to your vehicle in a collision) and Comprehensive (which protects you from loss of your vehicle to other factors like theft or natural disasters). Cutting what you probably won’t need or don’t expect to use on your policy (MedPay would just be redundant if you already have good health insurance) can save you a lot of money annually.

Net look for available discounts and incentives that you are eligible for. This would include professional discounts (Military, Doctor’s, Teacher’s etc.), Mature-driver discounts, Good-driver discounts, Good-student discounts as well as incentives for taking safety driving classes and for installing additional safety mechanisms your car.

You might want to consider a higher deductible on your policy ($500 or about $1000) since doing so will definitely make for more affordable auto insurance premiums. If you do have to switch carriers, make sure you use auto insurance portals Online (like this one) to help you determine the best rates available.