Car insurance can be expensive. Luckily, there are ways to lower your car insurance. Some are easy, while others require a bit of patience and effort, but all of the tips on our list will teach you how to get lower car insurance premiums.
1. Drive Safely
The absolute best thing you can do for your car insurance rate is to drive safely. Avoiding accidents and speeding tickets will reflect positively on your driving record. Additionally, not having claims in the last few years may qualify you for a lower rate with your insurance company.
On the other hand, every ticket you get can drive up your insurance premiums. Any accidents where you are at fault and DUI’s will reflect negatively on your record. Insurance companies may even flag you as a high-risk driver, resulting in much more expensive insurance.
2. Look for Discounts
While your auto insurance company won’t always tell you that it’s the case, there are probably discounts you qualify for to lower your car insurance rate. A quick internet search will reveal specific discounts that may be available to drivers in your state or area, but here are a few common discounts that are available to most drivers:
- Multi-car discounts for people who put more than one vehicle on their policy
- Good driver discounts for drivers with clean driving records
- Good student discounts for student drivers with a 3.0 GPA average or higher
- Defensive driver discounts for older drivers who take state-approved defensive driving courses.
Call your auto insurance company to see what discounts they offer.
3. Get an Insurance Policy That Meets State Minimums
If you’re paying for a full-coverage policy, you may be paying for more insurance than you actually need. One way to lower car insurance is to switch to an insurance policy that meets your state’s minimum requirements.
It’s important to understand that if you are in an accident, you will have less coverage and will be liable to pay for more things out of pocket, but based on your situation, the money you can save monthly may be worth it.