When shopping for a car insurance policy in Ohio, you should consider the costs, available discounts, customer service reviews and claims-filing process. In an interview with MoneyGeek, Vice President P.J. Miller discussed how drivers can balance risk management and affordability, and how they can better educate themselves on car insurance policies, coverage and pricing.

When asked about managing risks and premium rates, P.J. said, “Many people are tempted to purchase the minimum amount of coverage, but this leaves them exposed to financial and legal risks. Drivers should consider what they can afford each month for their premium but understand if they have a lower premium, their deductible will be higher, and they will be paying more out of pocket in the instance of an accident or loss.”

“There are ways to lower your auto insurance costs without increasing your risk, such as bundling your auto and home coverage. Insurers will often offer a discount if you have multiple policies with them,” he added.

Read the full interview here.