Shopping around for auto insurance can help you save, but how often should you compare insurance quotes to ensure you’re getting the best deal for your coverage?

In an interview with NerdWallet, Producer Ben Galbreath commented: I recommend to my clients that I shop for them every two to four years, depending on how the market looks.”

While increasing your deductible can bring down your insurance premium, it can cost more in the end if you happen to file a claim.

Ben explained that raising deductibles can be cost-effective for some, but suggested having a deductible you’d be comfortable paying and ensuring the lower premium makes up for the higher potential out-of-pocket costs. “How many years are we going to gamble with saving that?” he added.

Read the full story here.