[music] A reliable auto insurance policy doesn’t
have to cost you an arm and leg. You would like to find yourself paying much less for auto insurance and putting much more toward savings and other financial
goals. Then consider taking a look at the following five simple steps. Step 1: Shop around. Signing the first policy you see is like buying the first car on the lot. While the first car or insurance policy you see may be the best fit for you, it’s impossible to know if it’s going to give you the best deal without shopping around. Gather quotes and information from several insurance providers before making your final selection. This will help to guarantee that you get the deal, policy, and provider that are best for you. Step 2: Customize your policy. Take a careful look at the type of coverage you’re signing up for. Your policy may include coverage options that you do not need. There’s no need to pay for features that
are not helpful to you, so be very aware of the types of coverage you have. Dropping these unnecessary types of coverage is one of the quickest ways to lower the cost of your policy. Step 3: Always practice responsible driving. The best way to guarantee that the cost of your coverage will not increase is to always be a safe driver. Accidents and traffic violations lead to points against your driving record. These points will cause your insurance premiums to rise. Make yourself familiar with safe driving tips and avoid any sort of dangerous driving situations. Step 4: Avoid monthly payment plans. With many insurance providers, you could save money by making a payment every six months instead of once a month. If you must pay monthly, see if your provider offers an auto pay option for free or lower cost. This way you can avoid per transaction
credit card fees for making insurance payments. Step 5: consult your insurance agent. If you’re on a budget and can’t seem to
find a way to make your insurance more affordable, you should ask your insurance
agent for advice. Discuss your budget with your agent, and ask about any discounts that you may be eligible for. Many drivers offer discounts to members of the military, drivers with good credit scores, the owners of hybrid or other
environmentally conscious cars, and much more. This can be one of the best ways to
make your policy meet your personal needs, and your agent will be able to help you understand all of the types of discounts offered by your provider. Protecting yourself and other drivers by having a comprehensive insurance policy is essential, and you may not have to pay as much as you
thought. These suggestions and other responsible driving decisions can keep your auto expenses low allowing you to spend your money as you please. [music]