Driving is often the most convenient way to get around, but it’ll cost you and reducing financial costs has become a necessity.

There are many factors that impact your insurance car rates including the specific coverage options that you select, your age, gender, vehicle choice and driving habits. If you’re in the market for car insurance follow these 7 tips to minimise your insurance car costs.

Obey the law to help keep your rates from rising

Speeding and other moving violations all have a negative impact on your insurance bill.

Payment plan

Paying your entire yearly bill at one time, instead of in installments, may lead to a discount.

Multiple policies

Many insurance companies offer discounts based on the number of policies that you have with them, such as home or renter’s insurance.

Keep a clean record

If you want to keep your rates low, keep the number of claims that you file to a minimum as accident-prone drivers pay more.

Pay attention to where you live

Demographics play a role in your car insurance rate. People living in high-crime areas pay more than those living in low-crime areas and when planning a move its something to consider.

Take a defensive driving course

Sometimes insurance companies will provide a discount for those that complete an approved defensive driving course. Make sure to directly ask your agent/insurance company about this discount before signing up for a class.

Improve your credit rating

Good credit lowers your car insurance rates. Bad credit increases them. The theory is that individuals who keep their financial situations in ship-shape condition will tend to be more careful when it comes to driving.

Install anti-theft devices

If you have an alarm on your car, you’ll pay less to insure your vehicle. Your agent or insurance company should be able to tell you specifically which devices, when installed, can lower premiums. Also safety devices of air bags and anti-lock brakes both work in your favor by keeping you safer and lowering your insurance bill.