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Nearly every state requires drivers to carry some form of car insurance. Because this is a necessary expense typically paid on a monthly, biannual, or annual basis, a premium only adds to a driver's budget. Fortunately, there are some simple steps that can help you save significantly on your auto coverage, as listed below. 

How to Lower Your Car Insurance Rates

1. Drive Safely

Many auto insurers offer good-driver discounts. After you've been with them for a specific period, they will offer a discount so long as you haven't accrued any moving violations, including speeding tickets and accidents. Check your policy to see if there is a good-driver option. If you haven't purchased auto coverage yet, choose a provider that extends this discount. Also, limit your extraneous driving as much as possible; some insurers discount rates for low-mileage drivers.

2. Take a Driver's Education Course

car insuranceAccumulating traffic violations is one of the fastest routes to higher premiums. After paying all tickets, consider taking a driver's education course. Many insurance companies like to see drivers being proactive in improving their skills and decreasing their chances of future violations, and insurers will reward these drivers accordingly—often, with a discount. Be sure to research driver's education programs that are low-cost; you don't want to spend more than the annual savings you'll get from the insurance discount.

3. Raise Your Deductible

The deductible is the accident cost the driver is responsible for before their insurance kicks in. Generally, the lower the deductible, the higher the premiums. Raising your deductible will definitely save you a few dollars on premiums, but only choose this option if you have a little financial cushion set aside to cover out-of-pocket costs in the event of an accident.

 

 

When you need affordable car insurance, trust The Dunlap Agency, Inc. Since 1986, they have been providing comprehensive insurance solutions to clients throughout Fairbanks, AK. They offer coverage for all types of vehicles, homes, and businesses, as well as umbrella policies, workers compensation, and bonds. Call (907) 456-5202 to request a quote or visit them online to browse their services. 

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