4 All-new ways to save on car insurance in 2023

4 All-new ways to save on car insurance in 2023 

The times, they are a-changing! Bob Dylan said it best, and we have to agree. When it comes to saving money on car insurance, there are so many ways to do it – not just the tried and true ways we’ve always encouraged our customers to save money, but brand-new ways, too. If you want to drive safely without draining your bank account, here are five all-new ways to save on your car insurance premiums in 2023. 

Ways to save on car insurance in 2023 

With recent advances in technology, there are new ways to save money on your car insurance that you may have never heard of before, including: 

  1. Installing a telematics device in your vehicle

Nobody likes to pay for more than they need, especially when it comes to car insurance. With telematics insurance — also called pay-as-you-drive insurance or usage-based insurance — you pay only for the miles you drive. Here’s how it works: You install a telematics device in your vehicle by plugging it into a port underneath your steering wheel. This device will track the number of miles driven in a certain period, speed, and other driving behaviors that your auto insurance company will use to determine to calculate your risk level and what you’ll pay for your car insurance. If you don’t drive much and are a very safe driver, you may be able to save money on car insurance with telematics. 

  1. Pay in full 

Making payments on your car insurance premiums can be convenient, but it can also be costly. When you pay your car insurance premiums in full for the entire year, you may see a significant discount versus paying over time. Not all car insurance companies offer discounts for paying in full, but many do. 

  1. Sign up for auto-pay 

Many car insurance companies will offer a small discount when you link a credit card or bank account and put your payments on auto-pay. Discounts are given for auto pay because insurance companies love the convenience of knowing they are going to get your money on time every month, and they’re happy to knock some dollars off to do it. 

  1. Compare rates often 

You’d be amazed at how much car insurance premiums can vary between one carrier and another over time. If you’ve been with your current car insurance carrier for at least a year, it’s time to call around and double check to make sure you’re getting the best rate possible on your car insurance. 

Don’t have time to sit on the phone for hours, calling company after company? Give us a call instead and let us do the legwork for you. 

Want to save money on your car insurance? Let us help. 

Edwards Insurance Agency in Taylors, S.C., helps drivers all over South Carolina and the Southeast get the best prices on car insurance so they can drive safe while saving money, too. Let us help you get the coverage you need for less. Give us a call today!