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There are several ways to save money on your insurance premium without having to reduce coverage offered by the policy. Here are the most important ones.

1. Explore, shop around – Great way to save on personal auto insurance in Florida

Maybe it’s time to change your insurance provider and find a company that offers you coverage equal to or better than what you have now at a lower rate. Insurers generally assess the same factors, but in different ways. Although they offer similar coverages, they often calculate car insurance costs in different ways.

Request quotes from different types of insurance companies (typically are free). Do your research, ask your friends, relatives, neighbors, and co-workers for recommendations. Also, when you contact an insurance agent, make sure they are attentive and answer all of your questions.

This is definitely the number one way to save on personal auto insurance in Florida.

2. Perhaps, it’s time to switch your policy

If you have doubts or unconformity with the terms of your current personal auto policy, consider looking for a new policy that better suits your needs and with a lower rate.

3. Drop unnecessary insurance

Analyze if it is better to eliminate comprehensive and/or collision coverage and stop paying for factors that are not worth it’s considering your auto conditions.

For example, if your auto price is much less than the amount of the premium, you can consider leaving unprofitable coverages such as those that cover storm damage and vandalism among others.

4. Buy a personal car cheaper to insure

Before buying a new or used personal car, check the insurance costs. Some cars are less expensive to insure than others. For example, at some insurers, small SUVs are less expensive to insure than flashy, expensive cars.

5. Consider the different coverage options for personal auto in Florida

How much coverage do I need? In Florida, you require a minimum policy with property damage liability (PDL) and personal injury protection (PIP). Additionally, you can discuss whether to purchase bodily injury liability (BIL) insurance.

Contact to your insurance agency and talk about all the coverage options it offers you, taking into account your personal situation (work, family, economic situation, etc.).

6. You can opt to increase the deductible and save on personal auto insurance in Florida

You can save money by increasing your deductible, that is, increasing the portion of the vehicle damage costs that the insurance company does not cover and that you must pay by yourself.

For example, depending on the insurer, if you increase your deductible from $200 to $500, you could get 10-30% lower comprehensive and collision coverage.

7. Discounts on multiple policies

Depending on the insurer, you can save by insuring your home and your personal autos with the same company.

This is another way to save on car insurance in Florida, as some insurers often offer discounts when there are multiple vehicles owned by owners who are related to each other and live in the same household, among other requirements.

8. Take Florida Traffic School Online Courses

Some insurers offer discounts if the driver takes a Florida traffic school online course and successfully passes it.

In fact, they sometimes help avoid insurance rate increases by reducing the points received from a Florida traffic ticket. You will surely benefit from updating your knowledge of traffic rules in Florida.

9. Ask your insurer if offer safety discounts

Sometimes, if your personal auto has multiple safety features installed, you can get a discount, as certain insurers believe your car will protect you during an accident, as well as being more difficult to steal.

10. Remain loyal to the same insurer

Some companies, if you remain loyal to them for several years (usually more than 5), and depending on your track record, may offer you a longevity discount.

11. Automatic payments

If you pay your auto-renewal personal auto insurance premium online at the end of each term, you could get a discount. So ask your Florida insurance agent about automatic bill payments.

12. Mileage report: usage-based insurance

There are some insurers that offer discounts to those who drive fewer miles per year than the average driver. This is because the greater the distance you travel, the more likely you are to have a road accident.

So, if you are not a driver don’t who spends many hours on the road, with these insurers you will get usage-based or pay-per-mile insurance. The company will keep an eye on your driving behavior and verify the mileage traveled.

Additionally, some insurers have telematics services, developed to do a better follow-up and offer discounts to their participants. Through a cell phone app, the company tracks your average speed, miles driven, as well as hard braking.

13. Keep your driving record clean

Accidents and tickets increase costs. With a clean record, you are more likely to keep your premiums low. If your record isn’t clean, you can work to clean it up, but keep in mind that many violations go away after a few years.