Depending on your provider, vehicle, and driving history, the amount you must pay auto insurance can change significantly over time. If you’re having trouble fitting this cost into your budget or you haven’t checked your premiums in a while, you can likely reduce the overall amount. Here are several strategies to lower your rates, while still maintaining sufficient coverage.

What Can You Do to Reduce Car Insurance Premiums?

1. Compare Estimates

Insurance companies price their rates differently, so you should always receive estimates from multiple providers. While online calculations can be close, you should also investigate other options. For example, independent agencies can provide quotes from various carriers, allowing you to get a comprehensive look at every option.

2. Raise the Deductible

If you have to file a claim, your policy deductible is how much you must pay before your coverage takes over. Increasing this amount can reduce your premium because it means your carrier has a lower financial risk. However, while you may be paying less every month, you may end up having to make up the difference when you file a claim.

3. Drive Safely

Being in a car accident or committing a traffic violation can add infraction points to your license. In addition to bringing legal consequences, points can increase your auto insurance, as they suggest you have a higher risk of a collision. By following the rules of the road and practicing safe driving, previous points will eventually expire. Once your driving record improves, auto insurance companies will likely lower your rate.

4. Build Better Credit

Insurance companies look at your credit history to see if there are any indications that you might have a higher risk of getting into an accident. If you want to lower your auto insurance rates, practice excellent financial habits that can increase your credit score. For example, paying off any outstanding debts and resolving errors on your credit report can immediately boost your score.

5. Explore Discounts

Insurance companies provide a variety of discounts that can reduce your rates. For instance, teens can save money if they earn good grades in school. Other drivers may receive discounts for belonging to a professional organization or being a veteran. You can also reduce your rates if you use the same provider for multiple types of coverage—such as car and homeowners insurance.

When you need affordable auto insurance, turn to Advantage Insurers in Demorest, GA. They offer extensive coverage options from many recognized providers to residents throughout Habersham and White counties. This independent insurance agency will introduce you to plans that fit your budget and specific needs. Visit them online to learn more about all of their products—including homeowners, farm, and business insurance. To get a free quote, call (706) 754-1590 to speak to a friendly team member.