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If you are tired of the high costs you may be paying for car insurance, then you will want to know some ways that you can actually cut down the amount you pay for your insurance premiums. If you pay in a lump sum, combine your car insurance with other policies, increase your deductible, maintain your credit, and shop around, you should be able to reduce your auto insurance premiums.

While paying in a lump sum may be a financial hardship for some people, it may actually be a great way to cut down on your insurance premium costs. Many insurance companies will charge a small monthly fee for breaking up the premium into monthly payments and servicing you on a monthly basis. If you can find a company that does not charge an additional fee for this service, you are ahead of the game. Otherwise, by paying in a lump sum you could save nearly $50 on your yearly premium if a $4 fee is being charged monthly.

Combining your auto policy with other policies such as a renter's insurance policy or a homeowner's policy can reduce your car insurance premiums up to 15%. It can also be nice to deal with the same people for all of your insurance needs.

Many people understand that if they increase their deductible amounts it will decrease the amount of premium they pay. Depending on your current deductible and what you are willing to raise it to, you could save up to 40% on your yearly car insurance premium. There are some cautions with this; don't raise the deductible to an amount that is a huge financial hardship for you to come up with if you were to get in an accident. You have to remember that you must pay your deductible amount before the insurance kicks in their share of the costs.

You may not know that maintaining a good credit history can affect your car insurance premium costs. Insurance companies are all about taking risks, and they know that a person with a poor credit history is a greater risk and may charge higher premium prices accordingly. Having good credit can actually lower the insurance company's perception of your risk. The profession you have may also be considered in terms of risk.

Finally, if you want to get the lowest costs for auto insurance that you can, it is imperative that you shop around. Obviously, if you are not looking for low-cost insurance, you will not find it. You can get some of the above discounts with your current insurance provider, but unless you do some shopping around and make comparisons, you will not know whether your current provider is charging you competitive rates. With the competition in the insurance market today, most companies have actually lowered the prices they charge for insurance premiums over the past few years. If you have been with the same company for a number of years, it may be very worth your while to do some shopping around for lower costs.

By looking at the different cost-cutting measures that are available to you, you should be able to lower your current insurance premiums. features of the Aviva car insurance