Do you feel like your car insurance premiums are getting out of hand? Is a high car insurance payment making your budget go into the red every month? Believe it or not, car insurance isn't the same price across the board. In some cases, it can be relatively easy to lower your insurance rates provided the circumstances are right. Discounts are available from some providers, while coverage options may be different at different insurance providers. So how can consumers save money on their car insurance premiums?

Compare Insurance Carriers

Comparing car insurance quotes can be one of the easiest ways to reduce your monthly costs. One provider may have a discount for paying the entire premium in full that your current provider doesn't have. There could also be discounts for combining your home or renter's insurance with your car insurance. Policy costs can also simply vary from company to company, even for the same exact coverage. Make sure to get quotes from at least three different insurance companies before making your final decision. 

Change Your Coverage Options

While you want to ensure that you are complying with the state law regarding minimum car insurance, you can consider changing your coverage options. One easy way to do this would be increasing your deductible. While you may pay more money out of pocket in the event of an accident, your monthly premium will likely go down. Also, if you have started using public transportation more and are driving less, make sure to check whether or not your policy would change for driving less miles over the course of a year.

Maintain Good Records

A positive driving history and a good credit score can also have an impact on your car insurance rates. Insurance companies may charge a higher premium if you have a history of speeding tickets or minor accidents. A bad credit rating can also result in a higher premium so make sure that you are keeping an eye on your credit report each month.

Ask about Discounts

Don't be afraid to ask a car insurance provider what discounts they offer. If you are a student, ask if there is a discount for maintaining a certain grade point average. You can also ask for a discount if you have completed a safe driving course or if you have certain safety features such as an alarm installed on your car. Another option would be to inquire if there is a discount available because you belong to a certain organization or you work for a certain employer.

If you have questions regarding car insurance polices, or are confused at all of the options that exist, contact an insurance broker, one like Ashland Insurance Inc, in your area. They can help you determine exactly what coverage you need and what money saving options you may qualify for.