Cheaper Car Insurance: 20 Tips

Buy online Most insurance companies will give you a discount when you buy online because it cuts down on the amount of work they have to do.  This could save you as much as 15%.

Shop AroundThis will allow you to see where you can save the most amount of money.  All insurance companies use different formulas for computing your cost, shopping around will allow you to see which formula and company will work best for your financial needs!
Buy more than oneTry to get all of your insurance needs taken care of by one company.  By doing this you could receive a discount on all of your policies that will make them much more affordable.

Pay in one lump sumInstead of paying monthly, pay off your six month or one year premium in one payment.  This could save you as much as five to ten percent!

Increase your deductible You could cut your costs by as much as 40% when you increase your deductible by even $200.

Drive lessWhen you drive less you are less of a liability.  Report your low mileage to your insurance company each year and ask for a discount.

Fit your vehicle with an alarmThe more secure your vehicle is the less of a liability it will be, so you can receive discounts when you report the security device to your insurance company.

Get educatedTake a defensive driving course and receive a nice discount!

Be honest about the value of your vehicleEducate yourself on just how much your vehicle is really worth.  No need to insure it for more than it is really worth.

Maintain good creditCredit scores are often used to determine cost of your insurance, so maintain a good credit score.

Choose third party coverage onlyThis can save you a lot, especially when you have an older car.

Drive safelyThose who have a clean license will get a much better rate than those who have violations.

Remove driversOnly have the drivers that are necessary on your policy to decrease costs.

Young drivers should add older driversThis will help to mitigate risk and lower the cost.

Ask for no claims discountIf you have not had any claims, ask for a discount.

Protect your no-claims discountAlthough this will increase your insurance premium if you have a lot of years of no-claims you may want to protect this as a small claim may increase your premium by up to 75%.

Buy a new carA lower profile car can save you hundreds on your car insurance premium.

Join a car club If your vehicle is a classic or specialist consider joining a club related to your car most clubs offer insurance schemes which have very good premium rates.

Put your spouse as a named driver Married couples are generally less of a risk than single people.

Get a new driver discount by providing proof of a passed driver’s examMany insurance companies will offer this discount despite the risk of taking on a new driver.