How To Get Cheaper Car Insurance During The Coronavirus Pandemic – Yahoo Finance

LOS ANGELES, CA / ACCESSWIRE / April 15, 2020 / Compare-autoinsurance.org (https://compare-autoinsurance.org/) is a top auto insurance brokerage website, providing car insurance quotes online from trustworthy agencies all over the United States. This website has recently launched a new blog post "Coronavirus Car Insurance Tips - How To Save Money During These Difficult Times"

For more info and free quotes, visit https://compare-autoinsurance.org/coronavirus-car-insurance-tips-how-to-save-money-during-these-difficult-times/

The effects of coronavirus pandemic already have a tremendous impact on many aspects of our lives. When it comes to our car, it will change the way we buy, finance, and insure them. In the short term, policyholders worry if they can still afford to pay for premiums. In order to cope with the new economic climate, and in many cases, the current status of unemployed, policyholders should consider making new changes to their coverage plans.

Fortunately, most insurers are offering payment relief, pausing non-payment cancellations and online support. A few are even providing partial premium refunds because many consumers aren't driving very much due to the COVID-19 outbreak. A large percentage of Americans are working from home and follow the social-distancing guidelines. They can save money on car insurance using these simple ways:

1. Update the annual mileage to values that reflect the current situation. Working from home and keeping driving time to a minimum will help drivers lower down their mileage to values that qualify them for certain discounts. In order to get better rates and discounts, talk with the provider's agents and see how to handle the situation. Most likely, everything will be done online. Make sure to re-update the policy details once the crisis is over.

2. Analyze the current coverage plan and drop unnecessary coverage. People who keep their cars at home because they no longer commute to work, or use the car very little, should reconsider the current coverage. Stick only with the basics, like minimum liability coverage, when possible. Some add-ons might even be totally dropped. It would be a waste of money to keep comprehensive or collision coverage active when the car sits only inside a garage.

3. Totally drop coverage. This is a good way to save money when the driver plans to totally renounce driving while the coronavirus crisis still exists. Keep in mind that the driver must not drive the car while uninsured, otherwise, he risks multiple penalties, plus more expensive premiums when he wants to be covered again.

4. Remove teens from coverage. Teens are known to be one of the most expensive drivers to insure. Since schools and universities are closed and the social distancing laws are in effect, teens have little reasons to drive. Parents should talk with both their teens and insurers and see if they can exclude teen drivers and thus, saving some valuable money on car insurance.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

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How To Get Cheaper Car Insurance During The Coronavirus Pandemic - Yahoo Finance

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