Although it’s something you hope to never use, car insurance is one of the most important purchases you can make to preserve your financial well being. Even minor accidents can be expensive to deal with out of pocket. However, having adequate coverage doesn’t necessarily need to take up a significant portion of your monthly budget. Fortunately, there are several ways to keep your premiums manageable while maintaining quality protection. Here are a few tips to get the best rate possible.

How Can You Reduce Your Car Insurance Premium?

1. Combine Your Policies

If you own a home or have a need for multiple types of coverage, you may consider getting them all from the same provider. Many carriers will offer savings when you buy more than one policy. It’s common to combine car insurance with homeowners, boat, and motorcycle insurance. Another benefit of bundling is a more streamlined payment and claims process.

2. Drive a Safe Vehicle

The vehicle you drive plays a significant role in how much you pay for insurance coverage. Smaller cars with high safety ratings and features such as anti-lock brakes, backup cameras, and lane departure warnings, may cost less to insure, while larger trucks, SUVs, and high-performance vehicles can increase your rate dramatically. This is essential to keep in mind if you’re in the market for a new car.

3. Take a Driver’s Safety Course

There are some car insurance companies that will reward policyholders with a lower premium upon completion of an approved driver’s safety course.  It will also provide the opportunity to learn defensive driving techniques that you can use to avoid an accident in dangerous situations.

4. Ask About Additional Discounts

Most drivers aren’t aware of all the discounts they could be taking advantage of. Oftentimes, these price reductions aren’t advertised, and the only way to find out about them is through your insurance broker. Be sure to ask what you’re eligible for. Some of the more popular discounts are given for installing security devices, maintaining a high grade point average, and keeping a low mileage rate.

If you’re looking for reliable car insurance at an affordable price, turn to Zimmerman Insurance Agency in High Point, NC. Their dedicated insurance brokers will take the time to learn your unique needs so they can customize a policy that provides you with maximum protection. Since 1963, this family-owned agency has made it easy and convenient for clients to find suitable coverage solutions through an established network of reputable carriers. Call (336) 883-6512 to schedule an appointment, or visit them online for more information on the services they offer.