Auto insurance can take up a significant portion of your budget each month, especially if you’re paying more than necessary. Many drivers don’t realize that policy premiums aren’t set in stone, and they end up missing potential savings opportunities. Your coverage costs are based on a wide variety of factors, which means there may be several ways you could secure a better rate. Here are a few steps you can take to lower the price you pay. 

How to Save on Auto Insurance

1. Combine Policies 

If your household has more than one car and you have separate policies for each, you could be overlooking significant savings. Most insurance companies offer a multi-vehicle discount for combining all your auto policies into one. You may also be able to bundle your auto insurance with other types of coverage, such as homeowners, renters, or life insurance, under a single provider for additional discounts. 

2. Consider Your Car

Auto insurance should be a factor any time you buy or lease a vehicle. The kind of car you drive will significantly influence your premiums. Generally, luxury models cost more to insure because they’re more expensive to repair or replace after a loss. High-performance cars also tend to come with higher insurance rates. If you want to pay less for coverage, look for a family-oriented vehicle with high safety and reliability ratings. 

3. Ask Your Agent About Discounts

Often, the only way to learn about all the discounts you’re eligible for is to talk to your insurance agent. Many providers have an assortment of savings opportunities available that aren’t necessarily advertised. For instance, you can save more by maintaining low mileage, selecting a higher deductible, installing anti-theft devices, taking a driver’s safety course, or belonging to some professional organizations.

To learn more about reducing your auto insurance premiums, turn to Truax Insurance in Ogdensburg, NY. As an independent agency, they work with many reliable providers to supply clients with quality coverage at competitive rates. For more than 70 years, they’ve offered drivers comprehensive policies customized for maximum protection. Call (315) 393-3805 to request a quote, or visit them online for more information on their services.