How to Save Money on Auto Insurance

This article explains simple techniques forsimilar to the one you want. You might find the
significantly lowering your auto insurance premium.car you are in love with carries a substantially
The cost of your car insurance premium ishigher insurance premium than another model.
dependent on many factors. Some of these areHigher deductibles — The higher the
within your control (your credit history and thedeductible you choose for each form of insurance,
type of car you drive), and some are not (suchthe less that particular premium will cost you for
as your age and where you live). If you followthe year.
the guidelines in this article, you can keep yourUse the same insurance company for all your
insurances premium as low as possible.insurance needs — Insurance companies will
Shop Around — You should get multiplegive discounts if you purchase multiple forms of
quotes before you agree to any insuranceinsurance from them such as Life Insurance, Auto
contract. Get direct quotes from the majorInsurance, and Home Insurance.
companies and their agents. You should also get aLow-mileage discounts — Most insurance
few quotes from online sources and possibly evencompanies offer discounts for motorists who
talk to independent insurance agents whodrive less than the average number of miles on a
represent multiple companies. With a sampling ofyearly basis. This is especially true for antique or
insurance quotes, you will have an idea of whatcollectible car policies, which usually have insurance
you can expect your insurance premium to cost.programs designed specifically for low-mileage use.
But don't decide based on price alone. You shouldUnless it's an antique, don't purchase
research each of the companies you arecomprehensive or collision — If you drive
considering. Find out such things as: do they havean older car and its cash value is low, it might be
a local office near you, what is their process fora good idea to avoid the comp and collision policies
filing a claim, do they have a reputation for strongaltogether. Unless the value of the car justifies
customer service or are they known for beingpaying for the high premiums, it's much more
hard to work with, and are there a significanteconomical to simply forego those particular
number of complaints with the state insuranceinsurance options.
department. In addition to performing your ownSafe driver discounts — There are
research, you can contact independent ratinginsurance companies who specialize in providing
companies such as A.M. Best, Fitch, Standard &discount policies for safe drivers. If you have an
Poor, Weiss, and Moody's. These companies rateimpeccable driving record, you should seek out
the financial strength of insurance companies. Youthose insurance companies who reward good
can find their respective websites by performingdrivers.
an online search.Inquire about discounts — Some discounts
The company with the lowest rate most likelyare not always advertised and the only way you
won't be the company with the best service orwill find out about them is to ask. Some of those
the most hassle-free method for filing a claim. It'sdiscounts include: student drivers with excellent
up to you to determine what is most importantgrades, anti-lock brake systems, low annual
when purchasing your auto insurance.mileage, drivers who are 50+ years of age, no
When purchasing a new car, compare insuranceaccidents in 3 years, no moving violations in 3
premiums before you buy. The differenceyears, higher deductibles, multiple car discount,
between insurance premiums can drastically varydaytime running lights, anti-theft device. This list is
from car to car. So, before you get your heartby no means complete. You should ask your
set on a particular brand and model, you shouldinsurance specialist if there are any discounts that
compare insurance costs on several cars that aremay apply to you.