For many people, getting older means transitioning into a more fixed-income lifestyle where every dollar needs to be tracked carefully in order to stay on budget. If that describes your current situation, you will want to make sure you are not spending one penny more on car insurance than you have to. For drivers who have been with the same insurance company for a long time and have failed to shop around, the savings can be shocking. Follow some of the basic tips below and you will find your insurance bill reaching lower levels than you ever thought possible.

Talk to Your Agent When You Retire

Of all the things that you are looking forward to doing after you retire, calling your insurance agent probably isn’t one of them. However, you would be wise to inform your agent when you call it a career so you can have a discussion about some of the various ways that you might be able to lower your premiums. Among the possible options include the following:

  • Car Safety Features. Make sure that your agent understands what safety features are installed on your car. Any equipment that makes your vehicle safer to drive should be able to save you a little money each money. Examples of common safety equipment include anti-lock brakes, traction control, parking sensors, and more.
  • Defensive Driving Course. Many insurance companies offer discounts to drivers who take a defensive driving course, but most working-age drivers simply don’t have time. Once retired, you should be able to take the time to complete such a course and have your premiums lowered as a result.
  • Simply Drive Safely. If there is one thing above all else that will lower your insurance rates, it is avoiding accidents and traffic tickets. If you do get a ticket that you feel is unfair, make sure to fight it. Drive safely, obey all traffic laws, and keep your eyes out for other drivers who may cause an accident. If you can keep your record clean, you will have a great chance to get the best rates.

All You Have to do is Ask

Many of these discounts may already be available to you if you just ask for them. Talk to your agent and go over all of the ways that you might be able to get that premium down into a more affordable range. If you are a responsible and safe driver, you shouldn’t have to break the bank to get fair auto insurance coverage.

Don’t Be Too Loyal

Finally, don’t be afraid to shop around for your insurance policy if your current agency is not giving you the discounts you think you deserve. It doesn’t matter how long you have been with them or how many free calendars they send you during the year – you don’t owe them a thing. If they are not willing to treat you fairly, shop around online and find someone that will. There is no lack for insurance companies in the automotive marketplace today, so leverage that competition into the best possible rate. With just a little bit of leg work, you can head into your older years with an insurance premium that will allow you to enjoy your retirement just a little bit more.