If you get into an accident, your car insurance policy helps cover the costs of repairs and medical care. As vital as this coverage is, though, it is still a monthly expense. Luckily, the guide below offers advice for lowering your premium while still making sure you are protected for whatever happens down the road.

3 Tips for Reducing Car Insurance Premiums

1. Take a Defensive Driving Course

Many car insurance companies offer substantial discounts to customers who complete an approved defensive driving course. Many states also remove penalty points from your driver’s license if you take these classes, which can bring your auto insurance costs down even more. However, the provider typically has to be approved by the carrier, so ask your agent for tips before enrolling.

2. Avoid Getting Tickets

Insurers generally assume that drivers who receive citations are more likely to cause an accident. However, the reverse is also true. Those with an incident-free driving record are considered lower risk. Therefore, following all traffic laws may save you the cost of a ticket and lower your premiums. Whenever you’re driving, always obey the speed limit, avoid following other vehicles too closely, and signal before changing lanes or making a turn.

3. Increase Your Deductible

Your deductible refers to the amount of money you are expected to pay out of pocket for damages before your insurance coverage kicks in. For instance, if you have a $500 deductible and file a claim for $2,000, your insurer will only pay $1,500. Generally, high-deductible policies have lower monthly premiums. Raising your deductible can save you hundreds of dollars per year; just make sure you have the funds on hand to cover your share of the costs should an incident occur.

Since 1978, Lafever Insurance Agency has provided high-quality policies and personal attention to drivers throughout Tennessee’s Upper Cumberland area. As an independent agency, they’ll take the time to compare coverage options from various industry-leading carriers on your behalf, ensuring you get the coverage you need at the lowest rates available. Visit their website for more on their wide range of services, or call (931) 526-3377 for a free car insurance quote.