Everyone is looking for ways to save on insurance. That’s why there are so many articles on the subject. The problem is that there are many suggestions that aren’t necessarily in your best interest. Not having insurance or not having enough, for example, may save you money up front but it increases your risk. Not carrying uninsured may save a few dollars until you get rear-ended by an uncovered motorist. Fortunately, there are smart ways to save on personal insurance coverage without losing important insurance coverages. Here are four ways you may be able to get more affordable insurance coverage.

1. Bundle Your Coverage

Bundled insurance means purchasing two or more policies from the same company. It may be auto and home insurance, auto and renter’s insurance, or another combination of products. Bundled insurance gives you all the protection of having individual policies at a lower cost.

2. Compare Rates

Many people do not find insurance to be the most exciting of products to research and compare. That’s why so many make the mistake of simply renewing their policies year after year. This is particularly true with homeowner’s insurance policies that are often paid along with mortgage payments. Speak with an independent agent who represents multiple insurance carriers. Your agent can provide a coverage review of your home insurance and other policies to ensure you are getting the coverage you need for the right value.

3. Compare Auto Insurance Rates Before Buying a Car

The year, make, and model of your next vehicle can have a significant impact on the auto insurance rates you will be paying throughout ownership. If you are considering several models, compare rates ahead of time. It may help steer your decision. If you haven’t made up your mind, find out rates ahead of time so you know what you are getting yourself into.

4. Pay Annually or Through Auto-Pay

A simple way to save on insurance without reducing coverage is to pay your premium annually, semi-annually, or quarterly. These payments may come without fees associated with monthly payments. Many carriers may waive or reduce fees if payments are automatically made using a debit or credit card each month. Talk to your agent for more information.

Remember, you don’t just want to save money on your insurance. You want to save on insurance without sacrificing coverage. That takes planning. Using the four tips above will help.