When you open up your car insurance bill and see a premium higher than normal, it can send you into a panic. The good news is that setting a high deductible is not the only way to reduce your insurance premiums. Here are five helpful tips for lowering your car insurance premiums:
Take a Defensive Driving Course
Defensive driving courses are not just for teenagers anymore; adult drivers can also take them to lower their insurance premiums. One of these classes can help you improve your driving skills so that you are less likely to get in an accident. If your insurance company sees that you completed a defensive driving course from an accredited institution, they may offer you a discount.
Install Security Features
Another way to lower your car insurance premiums is to install security features, such as a car alarm. If your insurance company sees that you are taking the proper steps to protect your vehicle against theft, they will be more likely to offer you cheaper premiums.
Do Not Park in the Street
Parking in the street might not seem like a big deal, but it can actually affect your car insurance rates. When you park on the road, your car has a higher chance of being stolen, increasing your insurance premiums. If you always park your car in the garage, your insurance company is more likely to give you better rates.
Ask About Low Mileage Discounts
Some insurance providers give discounts to individuals who drive fewer miles than average. If you have a short commute to work or just do not do much driving at all, do not hesitate to ask your insurance agent if you qualify for a discount.
Keep Track of Your Credit Score
Your credit score might not seem like it should have an effect on your car insurance premiums, but it can. Insurance companies may see individuals with bad credit scores as irresponsible and give them higher rates. If your credit score is not as high as it should be, you should work to get it up. For example, try to pay more than the minimum on your credit card bills each month.
If you follow these helpful tips, it is possible to reduce your car insurance premiums. If you still are not sure why your premiums went up in the first place, make an appointment to speak with your insurance agent soon. Visit Divers-Savage-Mcpherson Insurance Agency for more information.