Imagine, you just got your license and now you own your first car. You’re excited to take that road trip with friends or go on a romantic date. Instead of enjoying being free and open, you’re worried about the cost that being a new driver will bring. If only there was some way to lower our auto insurance premium. After all, as much as we love our cars, they’re not always worth the cost. That said, not everyone knows which factors can have an impact on how much we pay for it. Below are some tips on how to lower auto insurance premium costs without sacrificing coverage.
Reduce the risk factor
It’s like asking for a higher premium because a car is a car. But in certain cases, it can make a difference. If you’re under 25 or have a history of speeding tickets or accidents, you may be charged a higher premium. If you want to cut costs on your auto insurance, there are ways to reduce the risk factor. For example, you can get a safe driver discount, change your driving record and/or take defensive driving courses.
Use safe driving habits
True enough, you didn’t get a ticket while you were learning to drive. But when you get behind the wheel, you have a responsibility. It doesn’t matter if you’re a young driver or an experienced one. If you have a clean driving record, you can cut costs on your auto insurance by practicing safe driving habits while you’re on the road. Below are some safe driving habits that you can incorporate in your daily routine. Avoid driving under the influence of drugs and alcohol. This is a big no-no. Stay sober and alert so you can keep your eyes on the road.
Keep a clean driving record
If you’ve had zero tickets/accidents in your driving record, you can get lower auto insurance rates. Also, if your driving record is clean and you’ve no claims, you can get a lower rate. Using this method, you avoid an auto insurance rate increase because your driving record is clean and you have no claims. It may sound odd, but a clean driving record can actually help you get lower rates. Here’s why; the insurance company has more faith in a driver with a clean record. It also believes that you’re a responsible, safe driver. So, it will lower your premium rate. If you have a clean driving record, keep it that way. When you change your driving record, make sure you change it back to clean and not to any claims you’ve made.
Don’t drive a high-risk vehicle
Why are SUVs and trucks such a big risk factor? It’s because of the potential damage that they can cause. If you drive a high-risk vehicle such as an SUV, you can expect to pay a higher auto insurance premium. The good thing is you can avoid this risk factor by choosing less risky vehicles. Here are some low-risk vehicles you can opt for: Sedans
Get cyber security coverage
Cybersecurity is a growing concern in our society. An increasing number of threats are targeting the security of personal and financial information. You may be surprised to know that a significant number of auto claims come from the cyber security risk factor. Unfortunately, most car insurance companies don’t consider cyber security coverage as a factor in determining your auto insurance premium. But if you have insurance, you should consider getting cyber security coverage. Besides, you may also be able to lower your premium if you have a clean driving record.
Stay safe and cautious on the road
Stay safe on the road. Avoid risky driving behaviors that can put you at risk of a car accident. Stay sober and alert so you can keep your eyes on the road.
Bottom line
Is there anything better than being able to drive with pride? It’s no wonder why some people are reluctant to drive after a license is issued. It can be a scary thing to do on your own with no experience behind the wheel. Thankfully, there are ways to lower auto insurance premiums without going crazy. Some of these tips will help you to reduce your premium. The most important thing is to stay safe and alert while you’re behind the wheel.
