As a car owner, it’s your responsibility to have a good automotive insurance coverage that will protect you from injury and your car from damage. However, having this kind of insurance coverage does not come cheap. Paying for your car and your insurance premiums at the same time can really cause a financial strain on your part, which is why you need to know how you can save money on your auto insurance premiums. Here are just some of them. 

Shop Around for the Best Car Insurance

Much like buying something from the store, you compare different styles, sizes, and models before making a final purchase. When it comes to buying motor insurance, you should also shop around for the best one that meets your needs. Compare prices from at least three different car insurance providers. Check the insurance company’s financial stability. Don’t be swayed by aggressive marketing campaigns and creative advertising.

Buy a Car That Costs Less to Insure

Know that expensive and high performance cars cost more to insure than regular cars. A regular sedan will have more affordable premiums compared to luxury cars or sports cars. Hybrids will also charge more because their car parts will be costlier and more difficult to replace compared to regular parts. Comprehensive car insurance may also cost more for car models that cause a lot of damage to other cars in road accidents or collisions.

Install Safety Features on Your Car

When your car has complete safety and security features installed, such as airbags, engine cut-off systems, anti-theft, and anti-lock brakes, this indicates that your car is very safe to drive. It’s equipped with features that will deter carnappers, robbers, and street criminals from stealing or doing damage to your car. Car insurance providers can factor all of these in when computing for your insurance premium and give you a more affordable price.

Park in a Secure Place

When your car is parked safely in your garage with the gates locked, there’s a lower risk of someone attempting to break into your car, steal something, vandalize it, or drive it away. There’s also less risk of your car getting damaged by other vehicles because it’s safely inside your property and not on the side of the road. When your car has a secure parking spot, it’s very likely that you will be given a discount on your insurance premium.

Avoid Claiming Insurance for Cheap Repairs

If you can avoid claiming insurance for every simple dent or scratch that your car gets, do it. If you can pay for your car’s repainting with your own money, don’t file an insurance claim. The more claims that you make, the more it will look like you’re an irresponsible car owner and should be charged more for insurance premiums.

Ask for Discounts

If you’re a safe and responsible driver who’s never been involved in an accident for the last couple of years, you can ask for a discount. Ask your insurance agent about their no claim bonuses, and whether you can get a discount on security and safety features that you have installed in your car.

Over-all, being a smart and safety minded car owner will most probably get you added savings over your motor insurance premium. You can also keep in mind and avoid these common car insurance mistakes that people usually make so you can get the most from your money.