Five Ways to Lower the High Cost of Auto Insurance

Anyone who has ever purchased automobile insurance knows that it can be a confusing and costly proposition. There are many insurance companies, many options, and even options on top of options, but with a little research and some habit changes you can reduce your bill.

Shop Around

Many companies offer widely differing rates for what is basically the same policy. A simple Google search for "compare auto insurance rates" will get you started, but can be confusing. Another method is to submit quote forms to several companies with your coverage requirements. You can usually receive an email quote within an hour or two. You could go the old-fashioned phone call method, but this often subjects you to high-pressure sales tactics.

Be A Safer Driver

Drive safely and avoid traffic tickets. Almost all companies offer some sort of "safe driver" discount, and every insurance company will happily raise your rates if you have any tickets or accidents that show on your driving record. Safe driver programs usually involve increased discounts the longer you go without any violations or accidents on your record.

Take A Higher Deductible

Generally speaking it's better to take the highest deductible you think you can afford if you end up needing to pay it. The difference in your bill will almost certainly cover the deductible increase.

Think About Insurance When You Buy Your Car

Auto insurance costs are often higher on two-door cars than on four-door sedans. Also, models with high theft rates such as sports cars and sport utility vehicles usually command higher insurance rates. Last, find out if the insurance company offers discounts for certain vehicle features such as anti-theft/vehicle location devices, supplemental airbags or daytime running lights. If your insurance company does offer these discounts, try to select a car that has one or all of them. It will lower your costs as well as provide a safer vehicle for you.

Buy All Your Insurance From One Company

Insurance companies usually give "multiple-line" discounts, meaning that the more insurance you buy from them, such as home, renters, flood, etc., along with your auto insurance, the bigger the discount they will give you.

Using these simple techniques can make a big auto insurance bill a lot lower. Lower auto insurance rates are within anyone's reach.

http://www.pueblo.gsa.gov/cic_text/cars/autoinsu/autoinsu.htm

http://www.pueblo.gsa.gov/cic_text/cars/autoinsu/autoinsu.htm