Selecting A Putnam Connecticut Auto Insurance Policy With A Low Deductible Can Save You Money

September 10, 2012

Selecting a Putnam Connecticut auto insurance policy may sound a little intimidating at first. You may not know where to start or what to look for. One area that can make a big difference in the cost of your policy is the amount of your deductible. The deductible is what you are responsible for paying out of pocket in the event that you get in an automobile accident or need any damage that has been done to your care fixed. You will be required to pay this amount before your insurance will pay the rest.
You may think it is a no brainer to go with a Putnam Connecticut auto insurance policy with the lowest deductible, but this is not necessarily the best idea. Generally, the lower your deductible, the higher your monthly insurance premiums will be. For example, if you have a policy with a deductible of $250, you will probably be paying a lot more each month compared to a deductible of $1000.
You should consider your driving record when selecting your insurance policy. If you are a bit accident prone, it may make more financial sense to go with a deductible that is lower. But if you have an excellent track record on the road, you might benefit from selecting a higher deductible.
Visit the Byrnes Agency Insurance website for more information on auto insurance.

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