The best effective way to reduce the cost of insurance for your car

Statistics show that an auto insurance policyholder ends up filing a claim every eleven years. And when it comes to reporting a claim for total loss, the policyholder does so only once every fifty years. If you drive responsibly, the chances of you making a complaint may be lower. Knowing this, you may want to look for ways to save on your car insurance.

Here are ten things you can do to lower the cost of your premium.

Its associated safety score influences the insurance rate. Sports cars, for example, are incredibly expensive to insure. Some of the affordable car models to protect include Chevrolet Spark, Citroen C1, Fiat Panda, Honda Odyssey EX-L, Hyundai Tuscon GL, Kia Sportage, Nissan Pixo, Skoda Fabia Hatchback, and Estate, Smart Fortwo Coupé and Cabriolet, Vauxhall Corsa Hatchback and Volkswagen Fox and Up.

Consider increasing your deductible.
In the event of a claim, the deductible is what you are willing to pay before allowing the car insurance company to cover the rest. You can choose to increase your deductible to reduce the cost of your premium.

Avoid collision and full coverage if you are insuring an older car model.
The collision cover is intended to cover the costs in the event of an accident on the road. However, full coverage essentially covers everything that is not included in collision coverage. The bottom line is this: don’t include the coverage you don’t need.

Ask about other discounts, such as those offered for group insurance or cars with anti-theft devices.
If you are a member of a professional organization, you may want to ask if you are entitled to a reduced car insurance premium. Student discounts, as well as discounts for defensive driving courses, can lower your insurance rate. You can also get discounts if your vehicle contains anti-theft devices and safety mechanisms, such as motorized seat belts and side airbags. Examples of anti-theft devices that can result in a discounted premium include car alarms, engine immobilizers, and tracking devices. Engraving your VIN on glass can also give you a discount. However, many insurance companies that tout high discounts also have high rates. You may want to focus on the insurance rate first and simply search for possible discounts once you have decided on a specific auto insurance plan.

Inquire for a low mileage discount.
If your trip is short or if you only use the car occasionally because you prefer to carpool, ask for a discount from the insurance company. The less time the vehicle spends on the road, the less likely it is to be involved in an accident. So the insurance company will consider your case as low risk and give you a discount.

Maintain a good credit rating.
People with bad credit scores can end up paying up to 50 percent more on car insurance. Your credit score is a crucial factor in determining the cost of your premium.

Consider paying in full instead of opting for installments.
You can pay high administration fees if you choose to pay your car insurance in installments.

Check if you can consolidate your insurance policies and get them from one company.

Combining your auto and home insurance policies can give you a substantial discount, up to 25% in some states.

Be careful not to incur a failure in your insurance coverage.
A short period can remove the discounts you receive. The insurance company will use the errors in your coverage to increase your car insurance premium, so always pay on time.

Keep a good driving record.
Like a good credit score, impeccable driving history with no claims or traffic violations allows you to maintain a low auto insurance premium. Whenever you are driving, drive carefully, and obey the traffic rules.