7 steps to find and buy car insurance
Go for a higher deductible
Often, car owners choose car insurance policies with deductibles as low as $200, says Michael Barry, spokesman for the Insurance Information Institute. But by increasing your deductible to $500 or $1,000, you can save a great deal of money on the monthly premium.
"Most drivers aren't going to file a claim unless (the damage) is at least worth $500," Barry says.
"It actually saves money over time to carry a higher deductible, thus saving money on your policy every month (while you) pay for little things like windshields out of your pocket," says O'Connor. "Turning in a number of claims could negatively impact your auto rate."