6 Ways to Keep Your Auto Insurance Premiums Down - Temecula Insurance Agency - Carver for Auto, Home, Life & Health
Ways to Keep Your Auto Insurance Premiums Down

6 Ways to Keep Your Auto Insurance Premiums Down

If you are worried about increased auto insurance premiums, you are not alone. According to estimates, auto insurance premiums have increased by about 20% in the past few years. There are a number of reasons behind these rising auto insurance costs. Fortunately, there are several ways to keep these costs down. Following are 6 ways to keep your auto insurance premiums down:

1. Don’t Over Insure

Ways to Keep Your Auto Insurance Premiums DownBecause many auto insurance agents offer high limits of liability insurance by default when quoting an auto insurance policy, people often pay for more than what they will actually need. With minimum auto liability insurance limits in California being $15,000 per person or $30,000 per accident for bodily injury, and $5,000 for property damage, it is important for you to understand your personal financial liability in the event of an accident. If you are a homeowner and/or have other sizeable assets, you will want to consider increasing your limits, which can go as high as $250,000 per person or $500,000 per accident for bodily injury, and $100,000 for property damage. If you don’t have much in the way of financial assets however, you may choose to have the minimum amount of liability insurance limits, which can help you save on your premiums significantly.

2. Combine Your Auto Insurance and Homeowners Insurance in One Policy

Insurance companies like to meet as many of your insurance needs as possible, and they are willing to give insurance discounts when you combine more than one policy. One very common multi-policy discount available is when you combine your auto insurance policy and homeowners insurance policy with one carrier, who will likely give you a discount between 10-25% on your premiums. If you have a need for both types of policies, you should shop for an insurance carrier that offers these coverages, and possibly others as well.

3. Keep Mileage Low

Keeping your mileage low is another way to lower auto insurance premiums. This is because if you drive fewer miles than the average driver, you are less likely to get in an accident. You can lower your annual mileage by driving less. For example, take public transportation or share rides with co-workers to lower your mileage. With technology available today, some insurance companies offer mileage tracking so that they can base your insurance premiums on your actual mileage when it is time to renew your policy. The rule of thumb is- drive less, pay less.

4. Keep Your Vehicle Safe

The more protection you provide for your vehicle while it is parked while not in use, the happier your auto insurance company will be. Any extra security features you add can make a difference to your premium. These include an immobilizer, tracking device, alarm, keeping your vehicle in a garage overnight, etc.

5. Maintain a Clean Driving Record

Your driving record is one of the primary factors that affects your insurance rate. Your insurance rates can increase for up to three years with traffic tickets. Accidents can affect your rates even more. A bad driving record can cost you thousands of dollars over several years in unnecessarily high premiums. That’s why it is recommended that you drive carefully and maintain a clean driving record.   lowest auto insurance rates temeculaCarver Insurance Services, Inc. is a local insurance agency that has been serving residents and small businesses in Murrieta, Temecula, and surrounding areas since 2004. Started by Diana Carver; a second generation insurance broker with over 25 years experience, when after working for several insurance brokerages, Diana felt the need for a brokerage that was efficient and progressive, while still keeping that “hometown” feeling. Carver Insurance Services, Inc.’s goal is to help you determine what insurance needs you have, meet those needs, and then help you prepare to meet future goals. The Carver Insurance Services, Inc. Family and its agents would love for you to stop by one of their two convenient locations for a free insurance quote or just to say, “Hello!”     For more information, give Carver Insurance Services, Inc. a call today to talk to a friendly, helpful agent. 951-677-9600 How to keep auto insurance premiums down in Temecula Ca Carver Insurance Services, Inc 33321 Temecula Parkway suite #102, Temecula, 92592 951-676-0540

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