Car insurance is a requirement in nearly every state, and it can get expensive. Look for ways to save on your monthly premiums; there are several options available. The most important thing is finding ways to save money without being under-insured. Without enough auto insurance coverage, it’s easy to save a lot of money in the short-term, but it could  also become a financial burden if you’re ever in an accident.

5 Ways to Lower Car Insurance Premiums

1. Shop Around

Get car insurance quotes from multiple carriers before making a decision since some carriers offer discounts that others don’t. Other insurance companies may have better overall coverage at a more affordable rate. Get multiple quotes to easily compare the coverage and the premiums, and select the perfect plan for your needs and budget.

2. Take Advantage of Discounts

Most insurance companies offer discounts, so ask about any discounts you might qualify for when the car insurance quotes are provided. By switching home or renters insurance to the same auto insurance company, you can take advantage of a multiple policy discount. Those who work from home and don’t do a lot of driving could also qualify for a low mileage discount.

3. Increase Your Deductible

The deductible is the amount you pay if you’re ever in an accident before the insurance kicks in. Deductibles can range anywhere from $250 to $1,000 or more. Lower deductibles require higher monthly premiums, so determine whether or not it’s affordable to pay a higher deductible. Even an increase from $250 to $500 could result in substantial premium savings.

4. Buy Cars With High Safety Ratings

Cars with higher safety ratings are more affordable to insure, so look for a new or used car with good safety ratings. Also, ask your insurance company for a quote on how much it would cost to insure the car before purchasing it. This eliminates the surprise of a higher insurance bill after buying a new car.

5. Always Drive Safely

One of the best actions to take to keep low car insurance premiums is always driving safely. Many insurance companies reward drivers who haven’t had any traffic violations or made any claims with discounts. The longer you can maintain a good driving record, the larger the reward will be.

From car insurance for a new car to switching from your current insurer, contact the professionals at Action Auto Insurance Agency in New London, CT, for a car insurance quote. They represent several different insurance carriers, which means they can secure the lowest rates possible while providing necessary coverage. Visit the website to learn more, or call them at (860) 444-7224 to get a quote.