Cancel The Extras
Do you have “Roadside Assistance” or “Rental Car Reimbursement” on your policy? If so, cancel them.
And yet again, if youre a first time insurance buyer or getting a few car insurance quotes, dont bother with these coverages.
Why? Because theyre severely overpriced, are rarely ever used, and limit what you can and cannot do.
For case in point, some rental car reimbursement” coverage is almost $100 a year for each automobile on your policy. So if you have two motorized vehicles, youll spend almost $2,000 on rental car coverage in the next 10 years - and likely never even use it.
And roadside assistance? The piece-of-mind it offers gets trampled by the premiums the car insurance companies want for this coverage. Roadside assistance is a good idea for some people and this is only a few bucks a month so I always add it. If your car breaks down one tow could cost several hundred dollars and as much as $400 as well as all the time and inconvenience so I would rather spend a few bucks a month and know that it is covered.
