Top Five Ways to Save On Your Auto Insurance

It is recommended that you shop for car insurance at least twice a year; once in January and once again about halfway through the year. The average consumer saves up to $301 on a six-month policy after shopping around and purchasing a new auto insurance policy from one of the top companies at InsWeb.com*. If you are paying too much for car insurance, there are several measures you can take to try and lower your car insurance costs.

Shop Around for Auto Insurance Every 6 Months

Shopping around for auto insurance will ensure you that you are getting the best deal possible. Many people think that staying with a company for a few years will ultimately save them money; but this isn't always the case and these people end up paying more for their car insurance. You should shop for car insurance at least twice a year to make sure you are getting the best deal possible.

Multi-Policy Insurance Discounts with Home Insurance and Auto Insurance

Various insurance companies offer discounts if you insure more than one vehicle on a single policy. Also, if you purchase a homeowners insurance policy through the same company that insures your vehicle(s), most insurance companies will offer you lower rates for having multiple insurance policies through them.

The Higher the Auto Policy Deductible, the Lower the Car Insurance Premium

Yes, it's true; the higher your deductible is, the lower your premium. If you find yourself with more financial comfort in the future, you might think of lowering the deductible(s) you raised when you needed to save money. Remember, the deductible is your out of pocket expense before the insurance company will start paying for the damages.

Compare Car Insurance Rates Before Buying a New Car

Before you buy a new vehicle, compare insurance quotes. This way you can see how much it will cost to insure. High profile cars, cars that commonly have parts stolen, and cars that are expensive to fix will generally cost you more to insure.

Additional Auto Insurance Policy Discounts

There are many discounts that are available to drivers. Asking your car insurance provider what discounts they offer, and which apply to you, can help you save as well.

The Good Driver Car Insurance Discount

As most of us know, the better we drive, the better our rates will be. Most insurance companies offer discounts to drivers who have not had accidents or received tickets in the last three to five years.

The Safe Vehicle Car Insurance Discount

Many companies offer discounts for various safety features on your vehicle, including air bags, alarms, factory-installed mechanical seatbelts and antilock brakes.

The Good Student Car Insurance Discount:

Students currently enrolled in school often receive a discount on auto insurance for their good grades; as many companies feel conscientious students make conscientious drivers.

When you decide to shop around for a new car insurance policy, using InsWeb.com's online quote form can save you time on shopping and comparing car insurance quotes.

* Based on average savings information from InsWeb policyholder survey data from 4/27 to 7/4/2005.