4 WAYS TO SAVE MONEY ON CAR INSURANCE BY DRIVING SAFE

| April 5, 2019

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There’s a fundamental rule about car insurance that’s important to know: your driving record can affect your rates. Which can be a good thing…or a bad thing. You might have hoped that that speeding ticket or minor (it was a scratch on the other person’s car!) fender bender wouldn’t come back to haunt you, but the truth is that it definitely could. The safer a driver you are, the better your car insurance rates are likely to be. Why and how does that happen? We’ll explain. 4 ways you can save money on your car insurance by driving safe. 1. Insurance companies look at your driving record. The thing is that insurance companies don’t like to leave things to chance. At all. They want to know how much of a risk you are to insure – in other words, how likely you are to file a claim. To do that, they’ll look at your driving record for the past three to five years when you’re getting car insurance. (A reminder, your driving record shows your driving history. It includes things like tickets, traffic violations, accidents, license suspensions, and so on.) As we said, the reason that insurance companies look at your driving history is that it gives an idea of how risky it would be to insure you. Statistically speaking, a driver who has tickets and accidents is more likely to get more tickets or be involved in more accidents.

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Jewelers Mutual Insurance Group

Jewelers Mutual was founded by jewelers in 1913 and remains the leading insurer solely dedicated to insuring jewelry and the jewelry industry. We offer coverage for jewelry businesses in retail, repair, custom design, jewelry appraising, wholesale, and manufacturing.

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