Auto insurance is legally mandatory in some states, including New York. And for good reason. Without it, could you afford costly medical bills for yourself or others if you were ever in an automobile accident? Or, would you have the money to pay for a new car if yours was severely damaged or stolen?

Those are just two reasons why you need automobile insurance. Here are some things to keep in mind to help you save money:

• Do you have an excellent driving record? You may be entitled to a safe driver's discount.
• Is more than one car insured with the same insurance carrier? Ask for a multi-vehicle discount.
• Is your homeowners insurance with the same company? Then you may qualify for a discount.
• Are there safety devices in your car, such as an alarm, air bags or antilock brakes? These could help you reduce premium costs.

Not only does HSBC Insurance Agency (USA) Inc. offer competitive rates on auto insurance, but we're also proud to sponsor Driver Safety Training Programs at various New York State and Florida locations. These courses will teach you safe driving tips, plus you'll stand to save 10% on your automobile insurance for three years and benefit from reduced points on your driving record.