Auto insurance is a required monthly expense. It protects you and other drivers on the road, ensuring accidents don’t place overwhelming financial strain on families. Luckily, there are many ways to lower your premiums to secure affordable coverage.

How Can You Lower Auto Insurance Premiums?

1. Take a Safety Course

Even if you’ve been driving for years, a driver’s course is a helpful refresher. Since an informed driver is considered a lower risk on the road, insurance companies offer discounts for successfully completing approved courses. These are completed virtually and take around eight hours.

2. Increase the Deductible

The deductible is the amount you pay before the insurance provider covers any damage. If you set your deductible high, your monthly payments are lower. Just make sure you have enough savings to meet your deductible if you’re in an accident.

3. Bundle Policies

If you currently have home and auto insurance policies from two different providers, you may be missing out on bundle discounts. Many insurers offer reduced rates to customers who purchase multiple products. Working with the same company for all of your insurance needs is also more convenient. 

4. Maintain a Clean Record

If you’ve had a few accidents in the past, work hard to improve your driving record in the future. Infractions and tickets label you a high-risk driver, resulting in higher premiums.

If you avoid trouble on the road, your premiums will eventually decrease. In Alaska, if you aren't involved in accidents in one year, two points are dropped from your record. You can also obtain your file at the Department of Motor Vehicles (DMV) to address any mistakes affecting your premiums.

If you’re looking for cost-effective insurance, turn to Associated Insurance Services in Anchorage, AK. Serving Alaska and Hawaii, these independent agents shop for policies among a large network of carriers. This allows them to find quality coverage that provides protection at affordable rates. Call (907) 349-2229 to get started, or visit their website for more information on auto insurance.