There may be more ways to lower your auto insurance premiums than you might think. Reducing your auto insurance premium can be an easy and best way to save money. Here are some tips on how to lower your auto insurance rates.
1.Select vehicle safety and protection
Driving a car with a number of built-in safety features such as airbags and anti-lock braking systems, as well as safety features such as theft and engine stop systems, may result in reduced automobile insurance premiums. Statistically, it is less likely that such vehicles will crash or be stolen than those that do not.
2.Set higher deductibles for your auto insurance
The higher your deductible, the more you pay out of pocket in the event of a claim, the lower your premium is generally. Deductibles are generally between $0 and $1,600.
3. Take a defensive driving course
Some auto insurance companies offer discounts to drivers who have successfully completed a safe driving course at an accredited establishment. These courses are generally attended by adolescent and elderly drivers, but any driver can benefit from them.
4. Park your car in a garage
Many insurance companies offer discounts to people who park their cars in a garage instead of driving outside or on a driveway. Statistics show that vehicles in garages are less likely to be stolen or crashed.
5. Compare auto insurance offers
Make sure you get multiple car insurance deals when comparing prices, then compare them side by side to choose the best one for your situation.
If you take out several policies with the same insurer, often called a pool, you can benefit from a multi-policy discount. For example, you can save money by buying both owners and auto insurance companies from the same company.
7. Get good grades
If your full-time student gets good grades, you can qualify for lower car insurance. Students are generally under the age of 25 and are single. Your agent can advise you of other ways to save money if a young driver is included in your policy.