In a declining economy, we’re all looking for innovative ways to save money. In recent months, a large number of not only American households, but households throughout the developed world have had to make spending and lifestyle changes.

A big expense that most Americans face is expenses related to transportation, namely your car. If you own a car, you need general car insurance. Are you paying too much? You probably are. Take the following checklist to your insurance provider to see what savings could be in store for you before your next payment.

Take an online driver training course

If you enroll in an online defensive driving course in most states, you may be eligible for a discount of 10% or more. Some states do not recognize these courses, so it’s best to check with your insurance provider what kind of discounts they offer on a defensive driving course before attending. For a list of driving schools in your city or state, go to Wannadrive.

Get a low risk job

Insurance companies keep more statistics than you can imagine. One of them is occupational accidents. If your chosen profession has more accidents than average, then your premiums will reflect that. Engineers tend to pay lower premiums because engineers suffer fewer accidents than other professionals. Simply researching and adjusting your job title can be enough to lower your monthly premium.

Tell them you’re retired

If you are retired, you may be eligible for an additional discount. We’ve all seen the commercials. These savings are especially true for you if you have a clean driving record. If you’re retired and your insurance provider doesn’t know this, you could be missing out on significant savings.

Join a professional organization or car club

Select organizations and auto clubs receive discounts at all types of retail outlets, including hotels and restaurants. Membership in some of these organizations can also help you reduce your insurance costs. If you’re a member of an organization or club, it never hurts to ask your provider if there’s a discount for members of that organization.

Combine your insurance

Some insurance companies can reduce your premium if you use their company for both home and car insurance. If you currently have two different home and car insurance providers, ask both of them what kind of premium discount you get if you combine your home and car insurance into one.

Automatic security features

Having additional safety features on your car could also lower your insurance premiums. Look for vehicles with driver and passenger airbags, traction control, good headrests, anti-lock brakes, and all-wheel drive—all features that improve your vehicle’s safety performance. Take a list of your vehicle’s safety equipment to your insurance company and ask specifically how additional safety equipment will lower your premium.

Take more risks

By increasing your deductible from, say, $400 to $800, you’ll likely have to pay more out of pocket in the event of an accident, but you’ll save significantly on your monthly premium. If you drive carefully, the savings you get by paying a lower premium will pay for itself over the course of the year. Increasing your deductible will not change your coverage amount.

Be a good citizen

Simply by having good credit or doing well at school can lower your premiums. Insurance companies have found a link between creditworthiness, academic performance and your likelihood of being involved in an accident. If you have good credit and a good academic record, you might be eligible for a discount.

Pay in fewer installments

Insurance companies charge a fee for paying in installments. The more installments, the more fees you pay. If you are tax-responsible enough, ask your insurance provider about various payment options, e.g. B. once a year, semi-annually or quarterly. Be careful with this strategy as it is possible to lose your insurance if you miss even one payment.

Demand better service

Believe it or not, there is still a certain moral fabric in business. If you’ve been with the same insurance company for years, as a loyal customer, ask them for a discount. If they refuse, look around. Another provider may offer better rates or give you better information about your insurance needs.

Hopefully this article has made you a little wiser when it comes to getting general auto insurance. Take that information and turn it into dollars and cents.

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