A few of the best tips to lower auto insurance rates are simple and cost-effective. Driving less is the best way to lower your premium. Avoiding accidents and having a clean driving record will help you save money. But that’s not all you can do. Here are five more ways to lower your premium. All of these steps will result in a cheaper car insurance policy. Although they may seem difficult to implement, you can certainly start today!
Firstly, get a good driving record. Many insurers will lower your rates to attract new customers. It’s worth looking into your options and speaking with your agent. You should also check with your auto insurance company to see if you are eligible for any discounts. If you have a clean driving record, ask your agent for suggestions to lower your premium.
Second, raise your deductible. Increasing your collision and comprehensive deductibles will reduce your insurance costs. Increasing your deductible from $200 to $500 can reduce your coverage by 15 to 30%. A $1,000 deductible can lower your insurance costs by 40 to 60 percent. However, you should save enough money to pay the higher deductible. Don’t forget to get an annual insurance quote.
The third tip is to take a defensive driving course. Many car insurance companies offer discounts for taking defensive driving courses. Defensive driving courses teach you safe driving habits and help you avoid accidents. It may be a good idea to skip collision and comprehensive coverage if you are insuring an older vehicle. Driving violations such as speeding or texting can increase your rate by up to 20%. You can raise your rate if you are at fault in an accident by up to 61%
It is important to choose the right car for you. Some insurers give discounts to drivers with good driving records, but you can request the same discounts for a more expensive car. Although you might not be able do this with all insurers, it is worth shopping around before you sign up for coverage. This will save you money over the long-term. If you can’t afford to pay for collision and comprehensive coverage, you’ll be able to get the best deal.
Ensure that you have a clean driving record. A clean driving record will ensure that you’re less likely to file a claim or be in an accident. If you don’t have a perfect driving record, contact your current auto insurance provider and ask about discounts. You’ll find many options for lowering your premiums. Ask your current insurer about these options.