Paying too much for car insurance can definitely be a struggle, especially if your car is being financed and you have to make monthly payments on it. To ensure your monthly vehicle expenses are low, you will want to be sure that you reduce the cost of your insurance policy as much as possible and a few great ways to do that are to do the following:

Clear Your Record:

Did you know that most driving violations can stay on your record for up to 3 years? This means that even if you haven't had any traffic violations recently, your past mistakes could potentially be increasing how much you are paying for car insurance now. Having a driving violation on your record could increase your insurance rate by up to 22%, which is a very big price increase. To ensure you are not paying any extra rates for past driving mishaps, you will want to consider visiting a driver's educational course. Attending driving safety classes will help you remove points from your record, so you can reduce the cost of your insurance rate, without having to wait years before they are finally cleared from your record. 

Bundle Coverages:

Taking advantage of discounts is critical when trying to save and one way to reap the benefits of big saving discounts is to consolidate your coverages, such as your homeowners, renters, and life insurance under one account. Not only will this help you save by getting a multi-coverage discount, but it will allow you to avoid potential deposits on each coverage from each provider, which can reduce the cost of renewing your policies each time they expire, and will help you save each month on your rates. So, when buying your car insurance, be sure to shop from a provider that you are already with on another policy that you have.

Pay More on Accidents:

Chances are, you have never been in an accident or likely will deal with one or two in your lifetime. Because these are rare events, you may not feel too worried about paying more for potential accidents you are involved in. Paying more will help you save on your monthly rates, which means if you continue to stay accident-free then you will be saving and not have to worry about paying more for potential accidents. This can save you a great deal of money each year so definitely consider bumping up your insurance rates if you are rarely or never have been involved in a car accident.

Taking advantage of tips like these won't only help lower the cost of your auto insurance but will help you save without having to reduce or eliminate some of your coverage. This will ensure that your vehicle that is still being financed is fully protected, so you can keep your investment safe.

To learn more, contact a car insurance company like Harris Insurance Services.