7. Review and Update Your Coverage Regularly

It’s essential to regularly review your auto insurance coverage, especially if your driving habits or vehicle usage have changed. For example, if you’re driving less due to remote work, you may qualify for a lower premium. Similarly, updating your policy when you move to a safer neighborhood or upgrade to a car with advanced safety features could lead to savings. In 2024, reassessing your insurance needs annually ensures you’re not paying for coverage you no longer need.

8. Consider Opting for Pay-Per-Mile Insurance

In 2024, pay-per-mile insurance is gaining popularity, especially for people who don’t drive frequently. This type of insurance charges you based on how many miles you drive, making it a cost-effective option for those with shorter commutes or who work from home. Pay-per-mile plans typically have a base rate, plus a per-mile charge, and they can be much cheaper than traditional policies if you’re not on the road often. If your mileage is low, this is one of the best ways to unlock savings.