Five Simple Ways to Lower Your Auto Insurance Premium
Interested in knowing what you can do to keep your auto insurance costs low? Here are the most common ways to reduce your annual premium:
- Reduce limits and coverages.
- Increase your collision and comprehensive deductibles.
- Research the many discounts that are available.
- Keep a clean driving record.
- Maintain continuous liability insurance.
Limits and coverages
Auto insurance is mandatory in most states, which means you are required to have Liability Coverage at the minimum limits mandated by your state (click to view specific limits in
Arizona,
California,
Colorado,
Florida,
Georgia,
Indiana,
Louisiana,
Missouri,
Nevada,
New York,
Ohio,
South Carolina,
Tennessee,
Texas,
Virginia,
Wisconsin),
Illinois)
or
Pennsylvania). Most of the other coverages are optional and depend on your specific insurance needs. The more coverages you select (and the higher limits you select) the higher your premium will cost.
Collision and comprehensive deductibles
Generally speaking, higher deductibles mean a lower premium. You need to balance the savings from a higher deductible with the understanding that if you make a claim that is subject to a deductible, you will be required to pay that amount.
Discounts
Most insurance companies, including The General
®, offer a wide range of discounts. Our online
car insurance quote center will help you uncover some discounts you probably didn't even know existed.
Driving Record
Your driving record plays a big part in determining how much you pay for auto insurance. The more accidents and violations you have, the higher your premium will be. Keeping your driving record clear of accidents and violations is probably the best way you can improve your premium over time.
Maintain continuous liability insurance
Most insurance companies will provide significant discounts for maintaining continuous liability insurance. While it may cost you more at first to make your payments each month, over the long term it can actually save you money.
Discover exactly how much you can save by getting a FREE, no-commitment
car insurance quote in 2 minutes or less.
