5 Easy Ways to Get Discounts on Your Car Insurance

The Insurance Information Institute offers many tips for lowering your automobile insurance premiums. We have focused on the 5 easiest ways that you can save money on auto insurance.

Shop around. Seems too easy, but a lot of people go with the first quote they get or they don't shop around when it comes time to renew their policy. Always get at least three quotes to compare. You may qualify for a discount based on length of time with a company, but you will want to know for sure by comparing with a few different companies.

Increase your deductible. You can lower you insurance cost by paying more if you ever have to file a claim. The only caveat here is to make sure you can afford to pay the higher deductible in the event a claim is necessary.

Buy multiple policies with the same company. You can save by having your home and car insured with the same company usually. If your insurance does not offer both types of insurance, shop around to find one that does.

Find out about group rates. You may be eligible for group discounts through your employer, or through professional groups, business or alumni groups or other associations.

Know about safe driver discounts and pursue them. Safe driver discounts are for things like not having tickets or accidents, taking drivers training or defensive driving, being a student with good grades, and having certain safety equipment like running lights, air bags or anti-lock brakes.

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Insurance Information Institute