2010 Frugal Living Guide
Car repair
smart spending
7 best ways to save money on car insurance

Pay your bills
Next
8 of 9
Back
Pay your bills

Your timeliness in paying your bills may not seem like it has anything to do with your driving abilities, but it's something car insurance companies pay attention to. If you've got a good credit report, it's worth checking with your agent to see about a discount and save money.

"Many insurers use credit-based insurance scores," says Barry. "It's a contentious issue in certain state houses … (but) insurers will say their studies show that if you're responsible in your personal life, you're less likely to file claims."

There are other ways to get car insurance discounts. Older drivers who complete adult driver safety programs can get premium reductions, while many insurers offer discounts for teens who maintain a 3.0 grade point average in school.


 

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
REFINANCE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed refi 4.04%  0.01 4.05%
15 year fixed refi 3.17%  0.06 3.11%
10 year fixed refi 3.22%  0.05 3.17%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.33%  0.01 4.32%
50K FICO-based HELOC 4.06% --0.00 4.06%
100K FICO-based HELOC 3.92% --0.00 3.92%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.81% --0.00 2.81%
48 month used car loan 3.03%  0.01 3.04%
60 month new car loan 3.25%  0.01 3.24%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 1.00% --0.01 0.99%
2 Year CD 1.20%  0.01 1.19%
5 Year CD 1.85% --0.01 1.84%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.73% --0.00 15.73%
Cash Back Cards 16.43% --0.00 16.43%
Low Interest Cards 10.98% --0.00 10.98%
 
Next
advertisement
FRUGAL NEWSLETTER

Discover new ways to cut costs and save more every day. Reduce your spending, not life’s pleasures. Delivered weekly.

advertisement
Partner Center
advertisement

Connect with us