How to Reduce Car Insurance Payments

Written by lifang January 09, 2008 14:56

When it comes to automobile insurance, you can save a significant sum of money by asking the right questions and by taking certain steps.

Things You'll Need

  • Yellow Pages
  • Car Insurance
  • Automotive Security Systerms

    Step One

    Insure all your vehicles with one company to take advantage of multi-car discounts. 2

    Step Two

    Ask about multi-line discounts if you are also buying other lines of insurance. 3

    Step Three

    Know the value of your vehicles. Drop collision and comprehensive coverage on older vehicles you can afford to replace. 4

    Step Four

    Check before changing cars since rates on cars of equal value can vary. 5

    Step Five

    Ask about discounts for air bags, anti-theft devices, anti-lock brakes and similar equipment. 6

    Step Six

    Ask about discounts for drivers over 40 or 50, if applicable. 7

    Step Seven

    Select the highest collision and comprehensive deductibles you can afford. 8

    Step Eight

    Buy only coverage you do not already have from some other source such as an auto club. 9

    Step Nine

    Make an older, less valuable vehicle the primary transportation for younger drivers in your household. 10

    Step Ten

    Make sure younger drivers take driver's education courses. 11

    Step Eleven

    Notify your agent if your younger driver makes a "B" average or above in school, and ask about a "Good Student Discount." 12

    Step Twelve

    Ask about discounts for being "accident free" over a period of time