Shop around-Prices vary from company to company, so it pays to shop around. Get at least three price quotes. Contact your state insurance department may also provide comparisons of prices charged by major insurers
Ask for a higher deductible- Your deductible represents the amount of money you pay before your insurance policy kicks in when you have a claim.
Before you buy a car, compare insurance costs- Your premium is based in part on the vehicle’s sticker price, the cost to repair it, its overall safety record and the likelihood of theft so some cars and models will cost less to insure than others. Many insurers offer discounts for features such as air bags, anti-lock brakes, daytime running lights and anti-theft devices.
Car information is available from the Insurance Institute for Highway Safety.
Reduce coverage on older cars- Consider dropping collision and/or comprehensive coverage on older cars. As a general rule, it does not make sense to pay comprehensive or collision on a car worth less than $1,000 as any claim payment you receive would not substantially exceed your premiums minus the deductible. Auto dealers and banks can tell you the worth of a car, or you can look it up online at Kelley Blue Book. If your used or older car is not worth more than $2000, then cover it with liability only insurance
Seek out safe driver discounts- You may qualify for a premium cut if you have recently taken a defensive driving course.
