Tips on how to be more savvy on our car insurance

Car insurance. It’s one of those necessary evils we all have to deal with. The government - at least in the United States on the rest of the civilized world - mandates every driver to have insurance coverage. And for good reason, in case of an accident, costs can quickly add up and damages can exceed most people’s ability to pay for them.

So now onto the more important part of this article: What can you do, to cut down on your premium?

Just start calling around and get quotes. This may seem obvious, but “cold calling” different agents in your local area is one of the easiest and most effective ways to cut down your premium. Just pick up the phone, jump over to and find out who your local neighborhood brokers are.

Check online comparison services such as Esurance, GEICO, Progressive. Similar to the cold calling approach, just shop a few of these insurance providers or comparison sites and see if you find a lower rate. Putting in the few minutes it takes will pay off easily in the long run.

Remember, this expense follows you around for as long as you drive a car. The only other option is to move to a city like New York and rely on public transportation :)

But no matter which way you go - offline or online - be sure to keep the following in mind so you can maximize your savings and be sure to qualify for the lowest rates:

Discounts are typically available for the following

  1. Try to get a quote from the same company that you have other insurance policies with (renters, home owners, etc)
  2. Paying 6 months up front instead of paying monthly
  3. Keeping the same insurance company for a number of years
  4. Drivers over the age of 25
  5. Choose a higher deductible
  6. Maintaining a clean driving record