How to Pay Less for Your Car Insurance Premiums
Are you paying too much for car insurance? Do you even know if your rates are too high? One way to find out is to shop around for better car insurance rates. Especially if you have been with the same insurance provider for several years, there may be other better offers from other auto insurance companies. In addition to price comparison, you can ask if your car insurance provider offers discounts for safe driving or for working from home. Usage-based insurance uses data collected about when and where you drive to show that you are driving safely. If you work from home, you are probably on the road less at the high-risk times of the day, such as morning and evening rush hours. Auto insurance companies are beginning to reward drivers for these behaviours with discounts on their car insurance premiums.
No-Fault Auto Insurance Reform – You Now Have More Choice
If you live in Michigan, there is good news about auto insurance rates. After the no-fault insurance reforms kick in in July 2020, drivers will be able to choose the level of liability insurance they want to pay for. Choose a lower amount, and your car insurance rates will decrease. This is a welcome change for drivers in the state, as auto insurance rates have climbed to among the highest in the United States.
Driving for a Rideshare Company? What It Means for Auto Insurance
Driving for a rideshare company like Uber or Lyft can help supplement your income. It can also cost you money if rideshare driving invalidates your personal car insurance policy. Rideshare companies do provide limited liability insurance to cover you when paying passengers are in the vehicle. However, travelling from a dropoff to the next pickup can put you at risk. The good news is that some car insurance companies are now offering rideshare insurance as an add-on to personal policies. For a nominal amount, you can make some extra money on the side and still be protected in case of an accident. Call E&Y Agency to learn more!
Auto Insurance and Your Taxes – Driving a Vehicle for Work
Self-employed people or independent contractors who use a vehicle for work purposes can claim the vehicle expenses, including auto insurance as a business expense. Learn more about what vehicle expenses are eligible expenses for tax deductions on our blog.
Get the best Car Insurance Rates in Michigan – E&Y Insurance Agency.
Contact us today to get the best car insurance rates available from an insurance broker near you. We do all of the time-consuming work of shopping around for the best policy with the features you need, and nothing extra. It can be difficult to compare auto insurance policies is you are not familiar with the details and fine print. We are experts and can ensure that we compare apples to apples to get you the best auto insurance rates. Call us at 248-817-7081 or complete the form below and let us help!
