How to Save Money on Car Insurance

Everyone loves saving money. Here's how to save on your car insurance.

Difficulty: Easy

Instructions

1. Shop around. Different companies offer a wide range of prices and coverage. Do your research.

2. Insure all of your vehicles with the same company. There are excellent deals and savings for multiple car households. If you purchase your home insurance through the same company, you are probably going to get an even better deal.

3. Ask for discounts. There are many ways to knock off a portion of your bill, including; student, good driver, senior citizen, farmer, and good grade discounts.

4. If your car is old, consider only investing in liability insurance. This way, if you are at fault and the other person's car is damaged, your insurance will cover those bills but you will avoid pouring a bunch of money into protection of a car with low value.

5. Drive safely, and avoid tickets. Insurance rates tend to rise dramatically for years after these offenses, even if they are minimal.

Tips & Warnings

• Talk with your insurance agent to find a plan that provides you with the best coverage.

Resources

• How to Make Financial Gains
• How to Live Frugally
• How to Save Money on Groceries

[offgrid]

on 1/29/2009 Yes - all great tips. 5 *