Annual mileage is something that has come up more often over the course of the past eighteen months. A significant number of people are working from home every day and therefore, their milage is significantly less than it used to be. This is one of many ways you can approach your provider about lowering the cost of your car insurance. Let's break this down and take a look at a few additional ways you can go about lowering the price of your car insurance:

Change in Driving Habits: If like mentioned above, your driving habits or mileage have significantly changed over the course of the past year or eighteen months, you can approach your car insurance provider about lowering your prices. This is extremely smart to do if you predict that this change in mileage or driving habits will continue for a long period of time. You can record and report your change in milage to the insurance company that provides your coverage. This helps you avoid paying for milage that you will never actually reach with your recent change in driving or lifestyle.

Depending on the company, you can update your mileage in an app or give your company and agent a call. This is not guaranteed for all companies, but many will lower your insurance rates if there is a significant adjustment in your driving mileage that puts it far away from the U.S. average of 12,000-15,000 miles a year. This may also depend on your state. Many states highly value this lower milage and will allow coverage to cost you less. Some states will not. Contact your company to see what discounts are available for you and your low mileage.

The most simple, efficient way to lower the cost of your insurance?

Be a better driver. Tickets and accidents will raise your premiums. If you want to avoid high-cost insurance, make sure you are driving safely, defensively, and are up to date on road rules and regulations so that you never have to be stopped or pulled over for not following the rules. Pay attention to the road in front of you and make sure your car is well-maintained. All of this adds up and affects your ability to be a good driver and good drivers typically have lower costing car insurance.

Scrutinise Your Plan: As mentioned earlier, many people end up choosing and accepting a car insurance plan and price because they are overwhelmed by the number of options. This often costs many people more money than it would if they had taken the time to truly break down their plan and analyze what they are paying for. This is a simple way of lowering your insurance plan. When you are no longer overwhelmed, or even if you still are, take the time to scrutinize and deeply analyze the plan you are paying for or are planning to pay for. Ask your agent detailed questions about every aspect of your plan. If you do not feel as though you need some of the coverage on your plan after finding out what it is, remove it and stop paying for it. Make sure you understand every aspect of your plan. Make sure your plan covers what you need and potential surprises, but not everyone needs the same coverage and not everyone needs to pay for the same coverage. Find out what you need and strictly stick to that plan.

Increase your deductible: Your deductible is the amount of money you will be required to pay if you happen to be in an accident. Increasing that number for that scenario, in many cases, can lower the amount of money you are required to pay for your monthly insurance. This can be a smart way to save money, but make sure your deductible is not so high that you will not be able to cover your expenses if you were to get into an accident. You can raise it enough to lower your monthly rates, but not so much that the price of getting in an accident will completely overwhelm you and your wallet.

Ask for Discounts: Discounts are almost always available and many people do not know or ask about them. Some insurance programs offer "good driving" discounts. If you are willing to let the insurance company use a device to track your driving habits and ability and your abilities meet their standards, you can receive a discount of up to 30% in some cases. Some insurance companies may offer discounts if you are willing to take and prove you have taken defensive driving or other driving skills classes. Some will lower your insurance rates if you are willing to install anti- lock brakes or other car safety equipment.

All of these are simple ways to lower your rates, but the discount will depend on your company, your history as a driver, and where you live. There are ways to lower your insurance rates, so do not let a large number of plans overwhelm you. Take it step-by-step and ask your insurance agent about ways to receive discounts. Ask them to break down every aspect of your plan, so you understand what you are paying for and can avoid paying for what you do not need.