Downsize Your Car And Save On Insurance?
In an effort to save money on their California auto insurance and motoring costs, thousands of drivers are downsizing to smaller cars. So, is choosing a smaller model the key to saving on your auto insurance or could you keep hold of your current vehicle and still save cash?
When it comes to motoring costs it seems that size does matter. Since the onset of the credit crunch one in five drivers has downsized or sold their car in an effort to save cash on everything from fuel expenses to car insurance.
It seems their efforts have paid off too – thanks to savings on fuel, road tax and insurance, drivers estimate that they have made average savings of $600 by downsizing.
Why does downsizing lower car insurance premiums? Downsizing can be a good idea as insurers generally lower premiums for drivers of vehicles with smaller engines. Contact us so we can help you determined your potential savings.