Auto insurance rates are affected by several factors. While some of them fall out of your control—such as age and driving experience—many others can be easily adjusted to give you access to more affordable coverage. The key to cutting your premium cost is to show insurance companies you aren’t a high risk to insure. Here are some of the top ways to save money without compromising on the quality of your protection.

How to Cut Your Auto Insurance Costs

1. Avoid Accidents & Traffic Citations

Maintaining a clean driving record is the most important step you can take to reduce the price you pay for auto insurance. The more cautious you are as a driver, the more savings you will enjoy. Having a history of accidents and traffic citations will result in a higher premium. If you have a few marks on your record, you may enroll in a defensive driving course to help remove points for minor violations.

2. Bundle Your Policies

If you want to purchase other types of coverage besides an auto policy, you may consider using the same provider for all your insurance needs. Many carriers will offer a discount for bundling multiple policies, such as homeowners, renters, life, boat, and motorcycle. This will also provide the added benefit of streamlining your monthly payments and the claims process. 

3. Work on Your Credit 

It’s common for many insurance companies to review a driver’s credit rating when calculating their coverage costs. Generally, those with higher scores are considered to be a lower risk on the road. Therefore, it’s important to keep your credit in good condition. If you know there is room for improvement, focus on doing what you can to raise your score so you can get a better rate when it’s time to renew your policy.

4. Ask Your Agent About Discounts 

Most drivers lack knowledge when it comes to all the different discounts they may be eligible for. Insurance providers offer a wide variety of ways to save on premiums, but if you don’t ask your insurance broker what is available, you’re likely to pay more for your coverage than necessary. Discounts are usually applied for completing a driver safety course, being in a certain profession, installing an anti-theft device, getting good grades, increasing deductibles, and maintaining low mileage. 

There are several strategies you can use to lower your auto insurance bill. To determine which ones are most effective for you, consult a professional at P.D. H Insurance Brokerage Inc. For more than 30 years, they have been providing residents in Valley Stream, NY, with reliable coverage at competitive prices. Not only will they find you the most suitable policy for your specific needs, but they will also make sure you’re maximizing your savings. Call (516) 561-5227 to request a quote, or visit their website to see a full list of services.