Save Money on Auto Insurance - Auto insurance quotes

6 Ways to Save Money on Auto Insurance

Everywhere one goes, it seems people are talking about ways to save money. From couponing to bundling of services, many consumers are doing whatever they can to stretch their paycheck as far as possible. However, one easy way is to save on your auto insurance.

You have likely heard much about this option. From radio to television, magazines and the Web, auto insurance companies are vying for your business. One auto insurance provider may offer vanishing deductibles while another auto insurance provider promises to save you 15%, some auto insurance companies even offer better rates when you bundle your insured items.

However, if you are planning on purchasing more or swapping auto insurance providers, there are some great ways to save on auto insurance that you may not be aware of. Here are 6 ways to save money on car insurance:

1. Be knowledgeable about your driving record

When you speak to a potential auto insurance provider, be upfront about your driving history - especially, if it is one to be to brag about. For instance: What is your accident history? Do you have any points on your license? Are you a responsible driver? If you have a great record, let the auto insurance company know, as this will save you money on insurance.

2. Changing your deductible can save Money on Auto Insurance

What is your deductible? Lower deductibles equal higher auto insurance costs. By raising your auto insurance deductible from $200 to $500, you can lower auto insurance costs by as much as 30%; raising your deductible to $1,000 can save you 40% or more. This is a great way to save on auto insurance. However, do keep in mind, that if you set your auto deductible higher you need to set the money aside in the event that you need to get repair work done.

Other tips for saving on car insurance

-Bundle auto and home insurance
-Buy a car that is cheap to insure
-Maintain good credit rating
-Do you really need towing coverage?
-Comparison shop especially online

Do you live in the US of A?

3. Do you need comprehensive and collision coverage

Are you driving an older vehicle? If your car is worth less than 10 times the premium, save on insurance by lowering or totally dropping the collision or comprehensive auto insurance. Of course, you will want to have money in reserve for a new(er) vehicle if this is your only means of transportation.

4. Safety features can lower your auto insurance bill

What type of safety features does your vehicle have? Auto insurance companies typically offer lower rates on vehicles that have safety features like anti-theft devices, air bags and anti-lock brakes. Having safe features can definitely save you money on auto insurance.

5. Auto insurance discounts

Ask about available auto insurance discounts to help you in saving on auto insurance. There is no shame in asking about auto insurance discounts when you contact the auto insurance company. Some of these auto insurance discounts are being an AAA member, taking a defensive driving class or even "little" things like paperless billing or e-signatures that help auto insurance companies save on billing costs.

6. Pay you Auto insurance premium upfront

If you want to save on car insurance, pay upfront. Many auto insurance providers offer lower rates if you pay quarterly, every 6 months or yearly.

Saving money on your auto insurance is a simple way to stretch your budget. With just a little bit of time invested in finding the best auto insurance company for your needs, you can soon have some breathing space in your monthly expenses. For more information on getting the most from your auto insurance, be sure to check out the other pages of our site - you'll be glad you did!.

Useful links for Saving on Auto Insurance

Six ways to save on auto insurance - Smartmoney.com
Tips for insurance from Insurance.com
Insurance Advice from Edmunds.com
10 expert tips for saving on car insurance