How Do I Lower the Cost of My Car Insurance? Posted on September 17, 2020 by rginsurance How do I lower the cost of my car insurance? This is a question we get often…and one that we love to help with! Having car insurance isn’t just a smart decision. In fact, it is often legally required if you have a car. With that said, having just the minimum legal limit is not the best decision. Why? Generally speaking, it does not provide enough coverage. Shopping around for insurance is an important first step in finding the best deal out there. Since we are an independent insurance agency, we can quote multiple companies. We take out the hard work of choosing the right policy! How to Lower the Cost of Your Car Insurance Before buying a new or used car, make sure to check insurance prices before making the purchase. The cost of car insurance is partially based on the car’s value, repair costs, and safety record, along with likelihood of theft. Another way to lower your monthly premiums is to raise your deductible. However, doing this will raise the amount you need to pay out-of-pocket if you have a claim. Speaking to an agent is the best way to find the correct balance between deductible and monthly premium. Sometimes, decreasing the amount of insurance coverage that you have on an older car is a sensible way to lower your premium. An agent can walk you through the ins and outs and advise the best way to handle making this move. Bundling car insurance with your homeowners insurance is also one of the best ways to make major savings on both. At R&G Insurance, we are experts at finding great deals for home, life, and car insurance. Combining insurance is an often-overlooked way to save big money on your total insurance bill. Lastly, if you are someone that doesn’t drive too much, it’s a good idea to make sure you are taking advantage of low mileage discounts. Speak to an Agent for an Expert Opinion As you can see, there are many ways to save money on car insurance. Speaking to an agent about your needs is the best way to start saving. All of our agents are experts in the field and are willing to help you find the right coverage at the best price! R&G Insurance Associates is an independently owned and operated insurance company with 5 offices located around Maryland. We pride ourselves on offering a high level of service where clients feel like family. Come visit us at any of our five locations in Rockville, Glen Burnie, Prince Frederick, Lexington Park, and Manchester MD.