Car Insurance – Lowest – 5 Ways to Save Money on Auto Insurance

So – you want to save on car insurance and wonder what the lowest prices around are? Check out the money saving tips below before signing on that dotted line.

Car Insurance Lowest: Shop Online

Selling insurance online provides savings that are passed on to customers by way of lower premiums. If you are comfortable with doing business online, this may be the way to go for you.

You should, at least, start your insurance shopping process on the internet. Use a website like Quote Wizard or 2Insure4Less to obtain aful of quotations from different companies. Now you have a basis for comparing coverage and prices.

Car Insurance Lowest: Find an Insurance Company that Caters to your Driving Record

To a great extent, auto insurance rates are set based on your driving record. So, you need to find an insurer that offers a good deal for your type of driving record. This is where comparison shopping comes in. Use one of the websites mentioned above. You'll need to complete an online form with info about you, your vehicle, you driving record, etc. You do that one time and 3-4 quotes will be emailed to you. You'll be surprised at how much prices will vary among companies. Those companies that are not particularly keen to insure drivers with your type of driving record will stick out like a sore thumb … their quotes will be higher.

Regardless if you're guilty of running a few red lights, or pressing too hard on that pedal or are even a "model" driver – the search should be on! Comparison shopping is the # 1 way to save money on your car insurance.

Car Insurance Lowest: Got a "Rough" Driving Record?

Check out companies specializing in high-risk insurance policies.

How do you find them? As mentioned above, use Quote Wizard. They will direct the appropriate insurance companies to you.

Car Insurance Lowest: Review your policy

I strongly encourage you to check rates by shopping around at least once a year to be sure your car insurance company is keeping up with market rates. You do not want to be the guy who stayed with one carrier for 15 years only to learn one day you have been paying twice what the market is charging.

Car Insurance Lowest: Have a Look at Your Deductible

The price difference between a policy with a tiny $ 100 deductible and a mega $ 2,000 will affect insurance premiums by as much as 25%. These are outside amounts-the most deductible is around $ 500.

Keep in mind that your deductible does not apply to liability cover. Meaning that if you are at fault in an accident and have adequate coverage, your policy will cover any damage you caused to other parties and their property. Your deductible is applicable only to repairs and replacement cost for your vehicle.

How much are you willing to pay out of your pocket for damages to or loss of your car? Set your deductible at the highest amount that you can afford, but do not assume that you will never need to pay it.