Tips to Reduce Car Insurance Premiums

Tips to Reduce Car Insurance Premiums

1.     Get different quotes Try local insurance agents as well as online coverage. It's definitely at least worth checking with Esurance. Also, try our tool to Find a Local Agent Near Your Address. We try to list every auto insurance agent in the country.

2.    Make sure you need the coverage If your car isn't worth very much, it's usually a waste of money to get collision and comprehensive coverage since if you total your car you won't get paid much.

3.    Higher deductible equals lower rates As long as you can afford the deductible, in the long run it's usually more cost-effective to have it higher. Having a high deductible signals to the insurance company you don't plan on getting in accidents, which makes you less of a risk.

4.    Make sure you are protected Many times the minimum required liability coverage isn't enough for full protection. Saving a few bucks a month might not be worth the risk of having inadequate liability coverage.

5.    Ask your agent about discounts If you ask, many insurance agents can get you a discount for things such as a clean driving record or good grades (if you are a student). Here are some of the factors that determine car insurance rates.

6.    Don't get Personal Injury Protection Personal injury protection means if you get in an accident, the insurance company will pay your medical bills. But if you already have health insurance, you'll be double-covered. If you don't have health insurance, get it - now. The health insurance offered with your car insurance is usually a rip-off. The bad news: some states require you to have it.

7.    Driver safety course Sometimes, insurance premiums can be reduced if a driver safety class is taken. Boring but worth the cost if car insurance payments can be reduced.