insurance

4 shortest routes to cheap car insurance

Car insurance doesn't have to break the bank. Shopping around for cheap car insurance, lowering your deductible, taking advantage of discounts and rolling the car insurance into other insurance policies are some of the ways to get cheap car insurance.

Shopping around

Chances are the first insurance quote you get won't be the cheapest, so make sure to shop around. Use one of the Internet's auto insurance comparison websites and call different auto insurance companies. Ask a lot of questions about discounts and ways to reduce the policy before settling on your auto insurance. To get cheap car insurance, you'll have to do your homework -- don't be shy about asking a lot of questions.

Get a higher deductible

To get cheap car insurance, you may want to consider having a higher deductible, or the amount you pay before the insurance covers you. Having a higher deductible will lower your premium costs by a lot. If you increase your deductible to $500 from $200, you could cut your insurance costs by 15 percent to 30 percent, according to the Insurance Information Institute. Make sure you have the money in the bank to cover the deductible if you do get into an accident.

Take advantage of discounts

Do you not drive that many miles, have a squeaky-clean record and have taken a defensive driving class? Some insurance companies will give you discounts for having a good driving history, which will translate into cheaper car insurance. Before you go with an insurance company, check out what discounts it offers. Installing an anti-theft device, antilock brakes and air bags in the car are some things insurance companies will highlight for a discount.

Give your insurance company more business

If you own a home, you could get cheap car insurance if you buy your auto insurance from your home insurer. Lots of insurance companies will offer discounts to customers that have two insurance policies with the company. Insuring more than one car can also get you a break.

Bottom line: To get cheap car insurance, talk to several companies, compare auto insurance quotes and ask lots of questions.

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