1. The first thing that you need to do is go around to a couple of companies and get quotes from each of them. The price of your quote will vary depending on which company you choose.
You should also try and get a quote from the various types of insurance companies. Some companies sell through their own agents that work for them, some sell through independent agents that sell policies from many insurance companies, and some do not even use agents and just sell directly to you. To get the best price you need to talk to all these different types of insurance companies.
2. If you have not bought a car yet you need to look into the insurance costs of the different cars. Some of the factors that go into auto insurance quotes are the cost to repair the car, the cars overall safety, the price of the car, and the chance of it getting stolen. If your car has a good safety record which will reduce the risk of injuries, and has a low likelihood of getting stolen, the insurer will offer you a discount.
3. If you own an older car you should consider dropping comprehensive and/or collision coverage. A good rule is that your car should be worth 10 times the premium. If your car is not worth 10 times the premium it is not cost effective to have the coverage you do.
4. A deductible is what you pay before the insurance policy starts to pay. You are able to drop the cost of collision and comprehensive coverage by 15 to 30 percent by simply increasing your deductible from $200 to $500. Even more impressive, if you go to a $1000 deductible you can save 40% or more! It is important that you do not raise your deductible to save money if you do not have the money to cover the deductible.
5. Low mileage discounts are offered to those who do not drive a lot of miles a year. If you drive a lower than average number of miles a year or you are apart of a car pool you can receive a discount on your premium.
6. A great way to save money on your auto insurance quote and your homeowners insurance quote is to get coverage on both through the same insurer. You can also save a little money if you insure multiple vehicles under the same company. You may save money by getting your coverage from different insurance companies, so still look around though.
With the economy how it is everyone is looking to save money, and auto insurance is one thing that is expensive. By using the tips above you can get a cheap auto insurance quote that will save you money but still insure your car.
