Car insurance is a vital part of owning a vehicle and being able to drive. You never want to go without insurance or you could be putting yourself at financial risk; not to mention, having auto insurance is the law. The cost of insurance can be hard on your pocketbook/wallet, but imagine how much you would pay if you were in an accident and didn’t have it. There are several ways to help drive down your cost of your car insurance. Here are four ways. 

1. It’s easy to become complacent and disregard the rate you pay for car insurance. You may think it is too difficult to try and lower your insurance, or you don’t want to ask. In many cases, an insurance company may simply want to raise the amount you’re paying. Reviewing your coverage annually with an independent insurance agent will help you avoid this problem. Plus, it can save you some money in the long run.  
 

2. One way to help drive down your insurance costs is by reducing the amount of coverage you carry. There is no need to have full coverage on an older vehicle that is paid off. Adversely, you want to make sure any new vehicles or vehicles that have a loan are completely covered. Should you get in an accident with someone driving an older vehicle, there is a greater chance that your vehicle will be a total loss since older model cars used heavier materials.  
 

3. Another way to lower your insurance costs is raising your deductible. Your deductible is the amount of money you pay your insurance company in order for them to begin working on processing your claim. However, your deductible should be affordable. 
 

4. Sometimes you have to be proactive instead of reactive. Inquire about any special discounts you may be eligible for with your agent. This can include good credit, safe driving and more.  

The cost of your auto insurance isn’t set in stone. There are many things you can do to ensure that you aren’t overpaying for insurance. Talking to your agent will help you identify more opportunities to save money on your car insurance.