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While auto insurance is a legal requirement, it's also valuable to protect you against the financial ramifications of an auto accident. Yet, its usefulness doesn't make the cost any easier to pay. As a leading full-service insurance agency in Hawaii, Mutual Underwriters understands just how frustrating high premiums are for drivers. To help you reduce the car insurance costs, they offer their top three money-saving tips, below.

How to Save on Your Auto Insurance

1. Know What You're Paying For

While it's better to be over-insured than under-insured, you can reduce the overall expenses by making sure you're not paying for the same services twice. Many insurance companies offer policy add-ons like towing and rental car coverage. Such options are convenient and useful, but if you purchased a service package when you bought the vehicle, these items might already be covered. Review the policy and drop the coverage for any unnecessary items.

2. Raise the Deductible

Auto InsuranceAnother way to reduce your monthly auto insurance payment is by raising the deductible. The three most common options are $250, $500, and $1000. In most cases, a higher deductible is associated with a lower premium rate, but you must pay this expense out of pocket if an accident occurs and you're at fault. Make sure you’re comfortable with the amount before raising it because it will need to be paid upfront and without much notice.

3. Utilize Discounts

Each company is different, but there are a variety of savings opportunities available on the market, from good grades to a perfect driving history. Speak to an agent about your situation so they know what discounts you qualify for. You can also save by bundling multiple policies under one provider.

To get the best deal on auto insurance, choose a company that thoroughly understands the industry. For nearly 60 years, Mutual Underwriters has earned a reputation for their honest service. Their dedicated agents will work with you to find the right policy at any of their five locations in Hilo, Honolulu, Kailua-Kona, Maui, and Waipahu. Find the closest office near you or learn more about their insurance options by visiting them online or calling (808) 532-2888.

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