5 ways to save on car insurance

[jadet]

1.Shop Shop Shop
There is always a cheaper company. You just have to look. Run a quote on a site that can give you multiple quotes.

2. Lower your coverages
Have your policy revised. Do you need the coverages you have? Is it necessary to have comprehensive and collision coverage on your 1999 Toyota Camry?

3. Combine your policies
Combining your homeowners, rental, motorcycle, RV, boat and etc policy with one company. That can save for you overall.

4. Threaten to leave
This works for most companies. You are their life vessel. Without your business they will be out of business. Call your insurance company and tell them you are planning to switch to a different company. Ask them about any discounts they can apply. Let them do the work to find you discounts.

5. Purchase a cheaper car to insure
Sick of that Mustang? Good because it’s denting your wallet in many ways. Go for a low profile vehicle.

5 ways to save 2012

[disneysteve]

Originally Posted by jadet

Run a quote on a site that can give you multiple quotes.

And then also get quotes from the companies that don't participate in those multi-quote services. Many of the big companies don't. I think Geico and Progressive are among those that don't but you can get quotes at their own websites.

[photo]

Originally Posted by jadet

1.Shop Shop Shop
There is always a cheaper company.

It's always a good idea to shop around. However, cheapest is not necessarily best. You want the greatest value.

[jadet]

Originally Posted by disneysteve

And then also get quotes from the companies that don't participate in those multi-quote services. Many of the big companies don't. I think Geico and Progressive are among those that don't but you can get quotes at their own websites.

Progressive also list their competitor's prices (higher or lower).

[jadet]

Originally Posted by photo

It's always a good idea to shop around. However, cheapest is not necessarily best. You want the greatest value.

Not necessarily true. If you're buying liability only coverage...who cares how the service is like? It's for the other party not you in an instance you're at fault for the accident.

[Joan.of.the.Arch]

Originally Posted by jadet

1.Shop Shop Shop
3. Combine your policies
Combining your homeowners, rental, motorcycle, RV, boat and etc policy with one company. That can save for you overall.

That finally stopped working for us last year. We ended up splitting our car insurance off from the house and boat. We came out ahead. So once you have insurances that are combined with one company, it's still worth it to continue shopping over the years.

[AccountantSalary]

I'd lack to add "drop collision and comprehensive coverage after your car reaches a certain age." Otherwise, you may end up paying more in insurance than what the car is worth. At around five to seven years or more, stick with liability insurance only.