Are you looking for ways to reduce your auto insurance costs? If so, you’re in luck. There are plenty of things you can do to bring down your premiums. Here are the top five:

Increase your deductible

First of all, you can lower your costs by increasing your deductible. This is the amount you pay towards a claim before your insurance company steps in. By upping your deductible, you’re effectively taking on more risk yourself. But this also means that your premiums will be lower.

It’s important to strike a balance here. You don’t want to set your deductible so high that you can’t afford to pay it if you do have an accident. But at the same time, the higher you set it, the more you’ll save on premium costs.

Bundle your policies with one insurer

Next, you can save by bundling your policies with one insurer. If you have both your auto and home insurance with the same company, for example, you’re likely to get a discount.

This is because insurers see you as less of a risk when they cover multiple policies for you. They’re also betting that you’ll be less likely to switch companies if they give you a discount. Either way, it’s definitely worth considering if you want to reduce your costs.

Shop around for a better deal

Of course, one of the best ways to reduce your auto insurance costs is simply to shop around for a better deal. Premiums can vary widely from company to company. So it pays to get quotes from several different insurers before you commit to one.

When you’re shopping around, be sure to compare apples to apples. That is, make sure you’re getting quotes for the same level of coverage. Otherwise, you won’t be able to accurately compare the cost of one policy to another.

Also, don’t just focus on price when you’re shopping around. It’s important to consider things like customer service and financial stability as well. You want an insurer that’s going to be there for you when you need them most.

Choose a safe car

Another way to reduce your auto insurance costs is to choose a safe car. Insurance companies typically charge more to insure cars that are more likely to be involved in accidents. So, if you’re looking for ways to save, it pays to pick a vehicle that’s less likely to get into an accident.

5. Drive safely and avoid accidents

Of course, the best way to reduce your auto insurance costs is to simply drive safely and avoid accidents. If you have a clean driving record, you’re likely to pay less for your coverage. So, it’s worth being extra careful on the road.