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Are you looking to save on your auto insurance premium? Want to know the best ways to do it? Here are the 7 best ways to save money on your auto insurance. 1. Comparison Shop Insurance rates can vary by hundreds of dollars from one insurer to the next. Spending a few minutes comparing rates between insurers, then choosing the cheapest one, can save you hundreds of dollars a year. Visit an insurance comparison website to compare rates from multiple insurers on one site. (See link below.) 2. Increase Your Deductible Your deductible is the amount of money you have to pay toward a claim before your insurer pays. By raising your deductible from $250 to $1,000 can save you up to 50%. 3. Drop Your Collision and Comprehensive Coverage If you drive and older car that's worth less than $2,000, you'll probably pay more for your collision and comprehensive coverage than you'l collect on a claim. 4. Consolidate Your Policies By placing your homeowners, renters, and auto insurance policies with the same company you can get up to a 15% discount. 5. Get a Safety Discount Most insurance companies will give you a discount if you have safety features like airbags and anti-lock brakes on your car. 6. Get a Security Discount Insurers give discounts if you have security features such as car alarms an anti-theft devices installed on your car. 7. Get All the Discounts You Can Insurance companies offer discounts for a variety of reasons like being accident-free for three years, being over 50, taking a driver's education course, and having a good credit rating. Ask your insurer to give you all the discounts you qualify for. Visit http://www.LowerRateQuotes.com or click on the following link to get auto insurance rate quotes from top-rated companies and see how much you can save. You can get more tips and advice in their Articles section, and get answers to your questions from an insurance expert by using their online chat service. The author, Brian Stevens, is a former insurance agent and financial consultant who has written a number of articles on auto insurance.
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