How to Save on your SR22 Car Insurance?
Q: I’m really emptying my pockets for car expenses. I have a new car, so I have a $500 a month car payment, and then my SR22 payment is another few hundred dollars a month. How can I save money here?
A: Since you have a new car, saving money may still keep you with a high SR22 premium, but it ill be better than your current one. Change a few things up and make sure you’re getting credit for what you have so you can save everything possible.
First of all, do you have a safety discount? If you have features such as anti lock brakes, seatbelts, and air bags on your car, then you should be getting discounted for these things. Same goes for if you have an anti theft device of some sort–a particular type is usually required.
Beyond that, you can save a least a hundred dollars a month, if no more, by assuming more risk. You do this by raising your deductible on your additional SR22 coverages, such as your collision and comprehensive. I’m going to set a bottom line at around $500, but I suggest you raise it as high as you can go and make sure you start setting money aside so you’ll be able to pay it when the time comes.
How to Save on your SR22 Insurance in Wisconsin
Q: If I want to save money on my Milwaukee SR22 comprehensive car insurance coverage, how can I do that?
A: First of all, since SR22 car insurance is so expensive, it’s only advisable to have comprehensive coverage if you’re still paying for your car, or if your car has a lot of value (at least one thousand, but sometimes more).
As for saving money on your SR22 car insurance premium, the best way to do that is for you to protect your vehicle as well as you possibly can. Do this by getting it set up with anti theft devices beyond the usual. Instead of just having an alarm that makes noise, get a device which will disable your vehicle whenever a thief tries to start it up. This could be a wheel lock, or something that goes straight to the engine and disables that.
In addition to that, make sure the device you get turns on by itself rather than needing you to activate it every time you get out of he car. You’ll usually get a discount on your SR22 insurance premium if you have an anti theft device which is both passive (meaning you don’t have to activate it, it activates itself) and disabling. Some car insurance companies won’t even give you comprehensive if you don’t have this kind of anti theft device.
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