How to Save Money on Car Insurance: Tips for Lower Premiums

Ready to save money on car insurance? At Jensen-Sundquist Insurance Agency, we understand that every dollar counts, especially when it comes to your auto premiums. Whether you’re a new driver or have been on the road for decades, finding ways to lower your car insurance premiums can make a big difference over time. Fortunately, there are several practical steps you can take to reduce your rates without sacrificing the quality of your coverage.

Here are some of the most effective ways to save on car insurance:

1. Compare Quotes from Multiple Carriers

One of the best ways to save on car insurance is by shopping around. Prices can vary significantly from one provider to another—even for the exact same coverage. At Jensen-Sundquist Insurance Agency, we work with a variety of trusted insurance carriers, which means we can help you compare quotes and find the best policy to fit your budget and needs.

2. Bundle Your Policies

Many insurance companies offer discounts if you bundle your auto insurance with other types of policies, such as homeowners or renters insurance. This is known as a multi-policy discount and can lead to substantial savings. If you have multiple insurance needs, bundling them through one provider can streamline your coverage and lower your overall premium.

3. Maintain a Clean Driving Record

Your driving history is one of the biggest factors in determining your auto insurance rate. Drivers with no accidents, speeding tickets, or violations generally pay less than those with a history of risky behavior. Avoiding traffic tickets and driving defensively can pay off, literally!

4. Take Advantage of Discounts

Car insurance companies offer a wide range of discounts, but you may need to ask about them. Some common options include:

• Good student discount (for high school and college students with a strong GPA)
• Safe driver discount
• Low-mileage discount (for drivers who don’t drive much annually)
• Defensive driving course discount
• Vehicle safety feature discounts (airbags, anti-lock brakes, anti-theft devices, etc.)

Let us know about any qualifications you or your vehicle might meet so we can explore all the discount options available to you.

5. Increase Your Deductible

Your deductible is the amount you pay out of pocket before your insurance kicks in after a claim. Choosing a higher deductible typically results in a lower monthly premium. However, make sure you choose an amount you could reasonably afford in the event of an accident.

6. Drive a Vehicle That’s Cheaper to Insure

Some cars cost more to insure than others. Factors like make, model, age, safety ratings, and likelihood of theft all impact premiums. Before purchasing a new or used car, talk to your insurance agent to get an estimate of how much it might cost to insure it. Choosing a car with strong safety features and a lower risk profile can save you money.

7. Improve Your Credit Score

In many states, insurers use your credit score as part of their risk assessment when determining premiums. A better credit score can translate to lower insurance rates. Paying your bills on time, reducing outstanding debt, and keeping credit utilization low are all great ways to improve your score over time.

8. Review Your Policy Annually

Your insurance needs can change over time. If you’ve moved, paid off your car, changed jobs, or added a teen driver, it’s important to review your policy with your agent. At Jensen-Sundquist Insurance Agency, we offer personalized annual policy reviews to ensure you’re getting the best rate and the right level of protection.

Start Saving with Help from Your Local Insurance Experts

Lowering your car insurance premium doesn’t have to be complicated. With the right strategy—and a trusted advisor by your side—you can get great coverage at a price that fits your budget. At Jensen-Sundquist Insurance Agency, we’re committed to helping our clients in Wisconsin make smart insurance decisions every day.

Ready to find out how much you could save? Contact us today for a free quote or to schedule a policy review with one of our experienced agents.