7 Ways You Can Save on Car Insurance
Car insurance is a must, but overpaying for it isn’t. The good news? There are several simple ways to lower your premium without sacrificing the coverage you need. Here are seven smart strategies to help you save money on car insurance.
1. Shop Around and Compare Quotes
Insurance rates can vary widely from one company to another. Comparing quotes from multiple insurers can help ensure you’re getting the best deal for your driving profile.
2. Bundle Your Insurance Policies
Many insurers offer discounts when you bundle your auto insurance with other policies, like homeowners, renters, or even a personal umbrella insurance policy. Bundling is one of the easiest ways to unlock meaningful savings.
3. Ask About Discounts
You may qualify for discounts you don’t even know about. Common ones include:
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Driver telematic discounts
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Good student discounts
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Multi-policy discounts
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Low-mileage or usage-based discounts
Always ask—discounts aren’t always applied automatically.
4. Raise Your Deductible
Choosing a higher deductible can lower your monthly premium. Just make sure the deductible amount is something you could comfortably pay out of pocket if you needed to file a claim.
5. Maintain a Clean Driving Record
Tickets and accidents can significantly increase your rate. Driving safely and avoiding claims whenever possible helps keep your insurance costs down over time.
6. Review Your Coverage Regularly
Your insurance needs change as your vehicle ages. If you’re driving an older car, you may be paying for coverage that no longer makes financial sense. A coverage review can uncover opportunities to reduce costs.
7. Improve Your Credit Score
In many states, insurance companies consider credit history when determining rates. Paying bills on time, reducing debt, and monitoring your credit can help lower your premium.
Final Tip
Saving on car insurance isn’t about cutting corners—it’s about making informed choices. A quick policy review or conversation with your insurance agent can often uncover savings you didn’t realize were available.
Steve Pore is the Agency Principal @ Steve Pore Insurance Ageny, you can reach Steve and his team @ (800) 569-0462