Auto insurance can often be a very hefty expense for many individuals, which is why it only makes sense to look into the various ways available to you to lower your auto insurance rates. Listed below are two of the many ways to lower your auto insurance rates and save yourself a bit of money every month.

Consider Specialty Plans

A huge way to lower your auto insurance rates is to consider specialty plans that many insurance companies offer. One of the more common specialty plans is one that will give you a discount on your insurance rates if you are able to keep your number of miles driven per year under a certain amount. In many cases, this can offer substantial discounts to your policy and is a great option to consider if your vehicle is only used to get you to and from work or if you have a secondary vehicle that doesn't really get used as much.

Another special plan to consider is a monitored driving plan. In this situation, the insurance company will attach a sensor to your vehicle that will keep track of all of your driving habits, such as how often you are following the speed limit and your braking habits. The more you drive safely and responsibly, the larger the discounts that you qualify for will be.

Consider Policies That Reward You

Additionally, considering policies that reward you for various habits and behaviors is an effective way to lower your auto insurance rates. For example, if you choose to sign up with an insurance company that offers policies that will lower your deductible or monthly payments based on your driving record and lack of accidents over time can really add up to substantial savings over the years without sacrificing any of your coverage.

Also, there are some insurance companies with policies that will save you a substantial amount of money if you stay with the company for some time. In order to reward your loyalty, these policies will allow you to enjoy lower monthly payments and increased coverage simply by sticking it out with a single insurance company rather than hopping around from provider to provider.

Contact your local personal insurance agent today to discuss what you can do to lower your auto insurance rates. Considering specialty plans and considering policies that reward you are both very effective ways of lowering your auto insurance rates.