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Auto insurance savings

Tips for Saving Money on
Your Auto Insurance



What you pay for car insurance depends upon the auto insurance company and a lot of factors, including:
  • Your age
  • Your driving record
  • The type of vehicle
  • How you use the vehicle
  • How far you drive each day
  • The age of your vehicle
  • Even your credit rating
Here are some tips to help you lower your auto insurance costs when getting an auto insurance quote:

Maintain a clean driving record. It may seem obvious but speeding tickets, at-fault accidents, caught driving without a license or insurance guarantee that you’ll pay more for auto insurance than you need to.

Spend time getting quotes for auto insurance. The time you spend shopping for auto insurance can really pay off. Different auto insurance companies cater to different types of drivers and risks. The Insurance Information Institute recommends getting at least three price quotes for car insurance. Getting quotes online is a great way to shop around quickly.

Ask about discounts on auto insurance. You can often get discounts for combining your car insurance with your home insurance, having low mileage, having a good driving record, having good grades as a student, having extra safety and anti-theft features and more.

Think about auto insurance when buying a car.The type of vehicle you drive directly affects your auto insurance costs, especially if you want to get cheap car insurance. You can get discounts for safety features such as anti-lock brakes (ABS), air bags, anti-theft devices and more. Your car’s value, repair costs and the likelihood someone will steal it are also factors.  The Insurance Institute for Highway Safety can give you information on safety ratings for various cars.

How far do you really need to drive? The distance you drive every day can factor into your car insurance rates. If you can carpool or keep your driving to a minimum, you may get a lower rate.

Think carefully about your deductible. Your deductible is the amount you have to pay before your policy covers the difference in claim costs. The higher your deductible, the lower your auto insurance quote and your rate. Of course you want to make sure you will have the money to pay the deductible in the event of a claim.

Can you get group insurance?  Employers, professional organizations, associations and more may offer discounts on group auto insurance if you’re eligible.

Believe it or not, your credit can matter. More and more, auto insurance companies are using credit ratings to help determine risk: A good credit rating can mean lower costs.

Looking for cheap car insurance? Use our handy Car Insurance Quote Comparison sheet to help you organize your information and make car insurance shopping even easier.


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