How to Lower Automobile Insurance Costs

Every day, it seems the cost to maintain and operate your car gets more expensive. With the price of most new vehicles in the range of $30,000, monthly payments can be high. The cost of gas is over $3.00 a gallon for regular, at a time when more and more people have to drive farther to get to work. Then, there’s the cost of automobile insurance coverage. Fortunately, the market for automobile insurance is extremely competitive, and by doing your homework, you can quickly find affordable automobile insurance.

How to Lower Automobile Insurance Costs 1

The fastest and most effective way to get multiple automobile insurance quotes from insurers in your state is to go online. Websites like provide simply no-hassle automobile insurance quotes from a local automobile insurance company. Most automobile insurance companies have sites to enter your vehicle information and driving record and receive an instant quote.

To help you find low-cost automobile insurance, the first thing you can do is consider the amount to pay for the deductible. If you can increase your deductible from $300 to $500 or even $1000, you can save a considerable amount on your collision and comprehensive coverage premiums. Paying more out of your pocket in the event of a car accident may seem to defeat the purpose of buying insurance; however, when you add up the savings over the years, you are accident-free, and the savings could be considerable.


You can discuss several other things with potential insurers that may help you obtain low-cost automobile insurance. Does your car have an alarm system? A GPS Locator system? Anti-lock brakes? Driver and passenger Airbags? Daytime running lights? Other things that you can do to reduce your automobile insurance premium include keeping your annual mileage low. Also, if you have a student driver, let the insurer know what are grades they are getting. Students with higher rates generally pay less.

This can be excellent news for you if you haven’t had a ticket or accident in more than three years. Most insurance companies will reward you for this with lower premiums. When your policy comes in the mail, don’t toss it in the drawer; go through it and ensure you understand how they determined your compensation for the procedure. It doesn’t hurt to shop around for better rates. All it takes is a quick phone call. When you do this, ensure you have your policy renewal before you so you’ll know exactly your coverage amounts.

Roberto Brock
the authorRoberto Brock
Snowboarder, traveler, DJ, Swiss design-head and HTML & CSS lover. Doing at the nexus of art and purpose to develop visual solutions that inform and persuade. I'm a designer and this is my work. Introvert. Coffee evangelist. Web buff. Extreme twitter advocate. Avid reader. Troublemaker.