MONDAY, NOVEMBER 30, 2020
Nearly all drivers must buy car insurance, by law. Therefore, it is only natural to save all you can on your price. Insurance agencies understand this, which is why our agents are more than willing to help you take practical steps to keep your plan affordable. Let’s take a closer look at how you can make car insurance savings work to your maximum advantage. 
1. Ask Your Agent to Do a Policy Review
As your driving habits and risk levels change, your current policy might become more expensive simply because it is not the best policy for someone within your risk profile. Regardless of whether you have low risks or high risks, your policy could still cost too much.
If you ask your agent to do a policy review for you, then they can make expert recommendations on how you can adapt your policy to best fit you in the present day. Additionally, by working with an independent insurance agency, your agent can even compare your current coverage to the policy options of other carriers. Therefore, if one company is offering you better pricing than another, you can make the switch.
2. Consider Dropping Physical Damage Coverage on an Older Car
If you have carried physical damage insurance on your car, then it might be time to think about if you still need it. Cars that are financed or that have significant value will still need this coverage. However, older cars might not. Sometimes, the cost of the physical damage coverage is higher than any amount of money you might receive in a settlement. At this time, you can consider dropping this coverage.
3. Increase Your Deductible Values
Auto policies have deductibles, which are dollar amounts that you are responsible for paying towards a claim, rather than your insurer. If you increase your deductible, then you agree to pay for more damage costs yourself. As a result, your insurer might lower your premium. However, increasing your deductible means more of a cost for you to bear yourself, so always carry a deductible you can afford.
4. Ask About New Discounts
You might have already had certain discounts on your policy. However, certain life changes might qualify you for new savings. For example, if you have gone back to school or completed a defensive driving course, then you might qualify for discounts related to these activities. When renewing your policy each year, ask your agent about your potential to save more money.
5. Most Importantly, Be Safe
The safest drivers are the ones who tend to save the most money on their car insurance. As a result, by driving safely, you will show your insurer that they can trust you. Your auto insurance premiums are therefore likely to remain manageable over time.
If you are concerned about the price of your car insurance, all you have to do is call one of our agents. We know all the tricks of the trade that will help keep your plan affordable.
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