Having a car makes it imperative to ensure it’s protected against any unforeseen circumstances. But, car insurance can be heavy on a monthly pocket book. It entails multiple coverage costs, premiums, and higher claims on risky drivers (i.e., senior auto insurance, younger, less experienced drivers or those who have had an accident in the past). This means you end up paying even more on car insurance in the long run.

If you’re looking for car insurance deals, look no further than these tips on how you can save on car insurance:

1. Avoid unnecessary coverage costs

Only choose coverage policies that seem reasonable. At times, we overpay to avoid untimely expenditures, how ironic! In reality, such situations are highly unlikely to arise. It’s understandable that insurance companies try to sign us up for the most coverage; that’s their job, and that’s also how they make their cut. So, give coverage a second thought, for instance, take comprehensive coverage. This helps with the expenses if your car is stolen or damaged without an accident. It sounds great, but do you really need it? Take your time and choose your coverage wisely.

2. Increase your deductibles

Deductibles are paid before the car insurance policy kicks in. With higher deductibles, you can reduce your costs significantly. If your deductible is increased from $500 to $1000, your collision coverage will be cut down. So, over time, you’ll save up on expenses. Ensure that you have an estimate before you send the claim to your insurance company.

3. Compare car insurance prices

This is the best way to save up on car insurance. Do your research and compare car insurance prices. Get several quotes and then make your decision. You can get information about insurances from the internet as most established companies have their websites. As an alternative, you can also contact your state insurance department to give you a comparative list of prices from top car insurance companies.

4. Maintain a good credit profile

A good credit score can reduce your car insurance cost significantly. Most insurance companies use information from credit profiles to price policies. A solid credit history implies you’re more reliable, automatically paving the way for companies to offer better deals. So, keep the credit card balance at the bare minimum, manage your debt, and limit your applications for new credit cards. It’s best to note down all factors that add up to your credit score. This will make you mindful of how you use your credit and is a top way for you to save on car insurance.

5. Shop around for discounts

Are you a student driver with excellent grades? Or do you stay away from home? If yes, you might avail a discount on your car insurance. The key is to find a discount no matter what! Companies offer discounts to those who get their car insured in group plans too. If you’ve had no accidents over the years, or you’re a long-time customer, you can score a great deal and end up paying less for your car insurance.