Four Surprising Ways to Save on Car Insurance from the experts at Elephant Auto Insurance

INDIANAPOLIS, Oct. 17, 2016 /PRNewswire/ -- Car insurance is an essential way to protect one's vehicle and finances in case of an accident, but how can consumers get the coverage they need while saving money?

Elephant Auto Insurance (Elephant), a direct-to-consumer insurance company, has the inside track on surprising discounts that can help consumers hit the road with proper coverage while still saving money.

Insurance companies such as Elephant base premiums on a variety of factors to create risk assessments. Factors that influence rates may range from where consumers live and drive to their driving records and histories.  While consumers may not be able to control all of the elements that go into determining their insurance rates, there are ways to get the coverage needed at a great rate.

According to Colleen Benzin, Head of Insurance Products at Elephant, there are four things that every consumer could be doing right now to lower their car insurance rates:

1) Save big money in a matter of days

It's not unusual for insurers to offer consumers what is known as an "early bird discount" which is a discount received for shopping early and purchasing a new policy before you need your policy to be effective.  Shopping and purchasing early may mean doing so as few as five days before the policy will be effective, which surprises many customers. Early bird savings can range from one to 10 percent. At Elephant early bird savings is 10 percent.

2)  Go green to save green

At many insurance companies, customers who agree to receive forms electronically are eligible for a paperless discount. In fact, by opting to receive bills and other communication via email rather than snail mail, consumers may qualify for a discount of between two and three percent, depending on the insurer.

3)  More is less

Insuring more than one car with the same provider could reduce insurance rates by as much as 20 percent. If a customer has more than one car and they are insured through different providers, they may be wasting money. In fact, the more cars insured through one provider, the more a person can save.

4) Do "due diligence" on deductibles

Selecting a higher deductible reduces car insurance rates. A customer should first consider if they can afford to cover a higher deductible if they have to make a claim. 

"Elephant offers a program called diminishing deductible that lowers your deductible by $100 every year you go claim free," says Benzin. "In time, that means your deductible may end up being $0."

About Elephant Auto Insurance
Founded in 2009, Elephant Auto Insurance is a direct-to-consumer insurance company offering auto, home, motorcycle, and life products to customers. Elephant prides itself on providing quality services and great prices. Headquartered in Richmond, VA, Elephant is a wholly owned subsidiary of Admiral Group, plc, one of the leading insurance companies in the United Kingdom. Elephant believes people who like what they do, do it better and therefore encourages a climate of individual contributions, long-term commitment and profitable growth within the organization. Elephant was named one of the 2015 Best Places to Work in Virginia and awarded the 2015 Stevie Award for the success of their contact center. To learn more about Elephant or to get an insurance quote go to Elephant.com, or call 1-855-ELEPHANT.

Resources:

http://www.elephant.com/insurance/how-bundling-insurance-can-save-you-a-bundle
http://www.elephant.com/car-insurance/articles/6-car-insurance-discounts-that-may-be-available
http://www.insurancequotes.com/home/bundling-insurance-102215

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SOURCE Elephant Auto Insurance