5 Ways Los Angeles Drivers Can Reduce Their Auto Insurance Premiums

If you’re a Los Angeles car owner or driver, you need to at the very least have minimum auto insurance coverage for those unforeseen events. While the fatality rate in L.A. due to car crashes is much lower than the national rate, insurance premiums can come at a high cost. Your premium is typically determined by a variety of factors including how many years you have been driving, your sex, your age and your driving record among many other things. While these factors influence what you will pay, there are things you can do to reduce your auto insurance premiums.

1. The absolute best way to get the cheapest rate is to comparison shop. Never go with the first company who offers you a quote – always compare car insurance quotes. The more companies you call, the better chance you will have at getting a great rate. While it may take you a few hours to call around, it could save you hundreds of dollars each year in premiums. To make the process even easier, there are a variety of websites you can find online that will allow you to get quotes from several insurance companies at once just by filling out a form.

2. Find out if the insurance company offers any kind of discounts. The insurance world is competitive and many companies now offer discounts as a way of bringing in new customers. There may be a student discount, military discount, great driving record discount or, you may be able to get a discount by bundling your insurance plans. You never know what kind of incentives they offer until you ask.

3. Pay your premium yearly. By paying upfront for the year, some insurance companies will give you a more affordable rate. While some people may argue that monthly payments are easier to manage, you will save yourself a ton of money in the long run. You will also save money from transaction fees. With only one payment a year, you will only pay for one transaction fee instead of all 12.

4. Consider installing a car alarm, which most insurance companies believe reduces the risk of theft. Since your car is less likely to be stolen, you are considered a lower risk to your insurance company and they may reduce the premiums you need to pay for theft each month. Car alarms can sometimes come with expensive upfront costs, but eventually through your insurance savings it will pay itself back and then continue to save you money each month.

5. Don’t loan your vehicle out to friends or family. At the very least, try keeping this to a bare minimum. You can’t control what happens when others are driving your vehicle, and any accidents that do happen while they are in possession of the car could result in a higher insurance premium. Any claims that are filed from the accident will go under your name, and affect your good driving record. It simply isn’t worth the risk.

Los Angeles residents love to drive, but it is important to have proper coverage in order to avoid paying huge fees in the event of an accident or theft. Find out more about how you can save on your car insurance premiums by visiting http://www.losangelesautoinsurance.co, and get several quotes from a variety of companies within minutes.

Compare car insurance quotes to get the best possible rate by visiting http://www.losangelesautoinsurance.co. Fill in a quick and easy form and have quotes within minutes.