Simple Yet Possible Ways to Reduce Your Auto Insurance Premiums

While auto insurance is mandatory in most states, its cost makes it still optional for some people. The cost of car insurance depends on several factors, including the model and make of the vehicle, policy type, additional coverages included, driving record, etc. However, despite these, you can save on your auto insurance premiums. Read on to learn how.

Leverage these tips to lower your auto insurance rates:

Increase Your Deductible

The deductible is the amount you need to pay out-of-pocket before your insurance policy kicks in to pay for the covered loss. If you set a higher deductible, you can lower your premiums. However, ensure you can afford the deductible you have set. Otherwise, you cannot claim reimbursements.

Store Your Car Properly

When not in use, it is good to have your car stored in a garage or closed environment to minimize the risk of theft, vandalism, and other accidental damages like a tree branch or any object falling over your vehicle.

Install Safety and Security Features

Suppose your car includes safety and security features, like airbags, an anti-theft system, an intelligent lock system, anti-lock brakes, and cut-off engine systems. In that case, you can get discounts on your premium, as these features will make your car less prone to accidents and thefts.

Take a Defensive Driving Course

A defensive driving course is not just for new drivers. It is for everyone who wants to drive safely and professionally in all situations on every road condition. If you have the defensive driving certification, you can be able to qualify for some discounts on your auto insurance.

Maintain Good Grades

Some insurance providers offer discounts to students (under 25 years and unmarried) with good grades. You can ask whether your insurer provides such discounts.

Bundle Insurance Policies

Bundling is buying more than one policy from the same insurance provider.  You can get some discounts on premiums if you bundle your car insurance policy with your home and life insurance policies.

Have a Good Credit Score

Most insurers use your credit information to calculate your auto insurance premiums. You can get an auto insurance policy with affordable premiums if you have a solid credit history. Make your credit card payments on time and keep your credit utilization ratio as low as possible to maintain a good credit score.

Buy Only the Required Coverage

If your car is older, its market value will also be lower, so you can drop collision and comprehensive coverages. This will help you save some dollars. It is good to review your car insurance yearly and update it according to your evolving insurance requirements.

Get Low Mileage Discounts

Some insurance providers offer discounts to drivers who drive less than the average miles per year. If you drive less and your insurer provides such deals, you can take advantage of it to save on your premium.

Get an auto insurance policy and drive with peace of mind.

Insure Your Car with ISU Wissink Agency

At ISU Wissink Agency, we are committed to providing a customized auto insurance policy to protect you and your vehicle on and off-road against every potential risk. Contact us today to get started.