In your teens and 20’s, you’re always moving towards something. It can be as simple as a party with friends or something more momentous—like taking the first step toward your dream career. And a car is there to help you get from point A to point B. But as much as we rely on our vehicles, they can be expensive to maintain. With that in mind, the following guide offers tips on how to reduce your car insurance rates.

How to Get More Affordable Car Insurance

1. Participate in Telematics

This is a type of technology designed to put you in control of your discount.  Simply by installing a small plug-in device to the OBD-II port of your car, or by downloading an app to your phone and driving the required number of days you could get a discount of 5% to 30%.  Your final discount is specifically based on your driving habits.  As your agent or company for more information as each program is different. 

2. Bundle Insurance

Having more than one insurance policy with the same carrier can also help reduce your rates. Therefore, if you don’t already have your home or renters insurance coverage from the same carrier, consider what you can move around.  Some companies even give discounts for scheduled jewelry policies, boat or recreational vehicles policies and umbrella policies.  Be sure and ask your agent for more information.

3. Have Low Mileage

The theory is the less distance a person drives, the less likely they’ll be involved in a collision. If you don’t use your car for long road trips—just the commute to work and back—track the miles and talk to your agent to see what impact that might have on your monthly bill.

4. Improve Your Credit Score

People with higher credit scores are diligent with debt management and on-time payments, which implies they are responsible. As a result, policyholders with higher credit scores are likely to pay less for their car insurance.  It’s not about how much you make, but rather how you manage what you make.  Note:  insurance credit scores are not the same as FICO or mortgage scores, and each company looks at different criteria. 

5. Turn Age 25

Based on historical driving and claims data, insurance companies have found that more mature drivers tend to have fewer accidents simply because they have more driving experience. While no one can speed the aging process, make sure to review your policy at 25. If you maintain a clean driving record, the payments may even continue to drop from there.

Since 1948, Comaltex Insurance Agency in New Braunfels, TX, has helped individuals and business owners by providing affordable and reliable coverage. Because no two clients are alike, expect customized protection designed to fit your unique lifestyle. If you’re in the market for car insurance, call (830) 625-7511 for a free, no-obligation price quote or request one online.