Comparison shop for auto insurance. Check with
at least three companies.
2.
Compare your insurance rates about
once a year.
3.
Get married and get
older.
4.
Take a defensive driving
course.
5.
Ask about membership
discounts, because companies are not always going
to volunteer them.
6.
Ask about discounts
if you've gone a certain number of years without
an accident or ticket, store your car in a garage
or drive less than a certain number of miles each
year.
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7.
If you have more than
one car, insure them on the same policy to get a
break.
8.
Try insuring your auto
policy through the same company that insures your
home for a break.
9.
Pay six months in full,
twice a year, rather than financing the premiums.
10.
Buy a car with safety
features such as anti-lock brake system, alarm and
air bags.
11.
Move to a "better"
ZIP code. Areas where there are more uninsured motorists
and more wrecks get slapped with higher rates.
12.
Keep your driving record
clean so your insurance company is never tempted
to raise your rates.
13.
Don't buy more insurance
than you need. Consider raising deductibles (bank
that amount for emergencies) and increasing your
liability coverage.
14.
Review your insurance
policies for duplications. If you already have health
insurance for yourself and your family, don't buy
personal injury protection.
15.
Keep a good credit rating.
Many insurance companies use your credit rating
to determine whether to insure you and how much
to charge.
16.
Consider dropping collision
insurance if you drive an older car. Ask: How much
of your premium is collision insurance? Do you have
$2,000 if you needed a new car tomorrow?
17.
If your teen is away
at college, change the policy or take him off it.
18.
Make sure your teen
stays in school and studies hard. Some insurers
offer discounts to good students, or to those who
only drive during school vacations.
19.
Sign up your teen for
a driver's education course. Many insurers will
offer a discount for this kind of investment.
20.
If your teen will be
driving a family car, designate which vehicle he
or she will drive. Otherwise, the insurance company
will price the premium based on the highest risk
vehicle on your policy.
21.
Reward your teen's safe
driving. More than anything else, an accident-free
and ticket-free driving record will keep your rates
at their lowest.
