Reno SR22
Q: I’m paying off my car and so don’t have a lot of money left over for my Reno SR22 premium. Anything I can do?
A: Since you’re financing your car, the best thing for you to do is to raise your deductibles on your extra Reno SR22 insurance coverages. If you’re like any other person who is paying off their car, you hav collision and comprehensive coverage on your policy. Instead of letting your deductibles stay at the lowest amount, raise them as high as you feel comfortable going–many companies allow you to go up to $2500. Make sure you raise your Reno SR22 deductibles to at least $1000.
Some people don’t want to raise their deductibles because they fear they won’t have enough money to pay the deductible when the time comes. However, if you drive safely and set aside some of the money you’re saving, then you should be set when you (if you) get into a car accident by your own fault.
I recently raised my own Reno SR22 deductible from $500 to $1500. While before I had been paying over $300 every month, after raising my deductible I am paying only $160 a month. A fifty percent savings!
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