How to Lower Insurance Rates

Every penny counts, people. Finding little places to save money makes for big savings down the line. Your insurance rate is an excellent place to start looking for some breathing room. If you’ve received a ticket, gotten into a car wreck, or just want to budget better, here are some ways to lower your insurance rate.

1. Prevent the Points

Each time you get a ticket for a moving violation or collision, points are assessed to your driving record. Those points can lead to a higher insurance rate when switching companies. If you claim damages due to a collision, the rate will also increase. By taking defensive driving to dismiss these tickets, you can prevent the points from being assessed.

2. Defensive Driving Discount

You may take defensive driving even if you have not received a ticket. You will be able to turn in your completion certificate to the insurance company to receive a lower rate. Most insurance companies offer a discount. Additionally, learning the little known rules of the road that the course teaches you can reduce the likelihood of citations and collisions

3. Ask

Your insurance company may have extra discount offers that they didn’t tell you about when you signed up, or they might have new discounts that weren’t around before. Ask them to see if they can find you some savings.

4. Shop Around

Calling around for quotes might be a hassle, but if you can get a lower rate then why not? If you’ve been with the same insurance provider for a while, you may be missing out on some new competitors vying for your business. Some companies even offer online quotes. See how other places compare to your current rate and keep an eye out for hidden fees. You may just find that switching is saving.
Taking these small steps can lead to huge savings. Stay up to date on changing rates and take care of your driving record to make your rate work for your budget.