With just a little effort you can save money by asking your agent what you can do to get discounts. Some of the things you might consider are higher deductibles, changing coverage, avoiding duplicate coverage, getting a less expensive car to insure, carpooling or taking mass transit, getting safety equipment, getting discounts for teens, combining your policies, getting other discounts and taking a look at roadside coverage costs.
The amount you have to pay before your coverage kicks in can be altered with your policy. If you select a higher deductible you can save money. Lowering the cost of your collision and comprehensive coverage can also save in premiums. Sometimes you can save as much as 40 percent.
Drop the collision and or comprehensive coverage on older cars. Their market value is not worth paying a high premium and any claim you make will not exceed the cost of the deductible most likely. Check the blue book value of your car to make this determination.
If you have good health, disability and life insurance just pay the minimum amount necessary on your car policy. Personal injury protection is required by the state you live in. Compare your coverage and save money by not duplicating it. It is more costly to insure an expensive newer car, a car that is expensive to repair and one that is popular with thieves or has a poor safety record. Check for a list of risk levels on different makes and years of cars. This can save you a lot of money.
Drive your car less if you can. Carpool or take mass transit if possible. Many insurance carriers will offer low mileage discounts to people who make an effort to save on driving or have a lower than average number of miles driven annually. If your car has daytime running lights, anti-lock brakes, automatic seat belts and air bags you may qualify for a lower rate. Alarm systems and other anti-theft equipment can also qualify.
If you have teens who drive and maintain good grades and pass a driver’s education course they can qualify for a reduced rate. If your child goes to college more than 100 miles away this can also qualify for a discount if they do not bring the car with them. Combine your policies to save money, if you can insure all of your vehicles on one policy and include your homeowners insurance or life insurance you could get a discount.
There are other discounts you could qualify for. If you are 50 or older or retired you could get a discount. Being a long time customer or having no accidents in three years will save you money. Make sure you are getting the best rates by doing comparison shopping.
How to reduce auto insurance can also be done by watching how you are paying for roadside assistance coverage. You could get a policy separately that could be cheaper. Sometimes towing your car can increase your premiums. Check your credit cards, there may be roadside assistance available on them.