How to get a cheap auto insurance rates and save money on your auto insurance policy

1. Choose to have higher deductibles

   A deductible is the out-of-pocket amount that you would have to pay before your auto insurance policy take effect. You could save at least 15% to 30% on the cost of your collision and comprehensive coverage.
   
   

2. Maintain good credit history

   Most auto insurance companies use your credit rating to determine how much you should pay for auto insurance. Consumer can receive cheaper auto insurance rates with better credit scores. Auto insurance companies have determined that consumers with better credit tend to have fewer accidents. Get a copy of your credit report and correct errors or information that could negatively affect your score.
   
   

3. Maintain a good driving record

   Many companies offer auto insurance discounts for drivers who have not had any accidents or tickets for a specific number of years.
   
   

4. Compare auto insurance cost before you buy that new car

   Before buying a new or used car, check with your auto insurance company for estimated coverage costs. Depending on the safety features on the car, you could get cheap car insurance rates. Air bags, anti-lock brakes, car alarms, and daytime running lights could qualify for car insurance discounts. Also, cars with high theft rates and repair cost will cost more to insure.
   
   

5. Reduce coverage on older cars

   Cheap auto insurance rates can be had by dropping collision and comprehensive coverage on older cars. If your older car is worth less than 10 times the amount you'd pay for coverage, any claim payment you'd receive would not substantially exceed your premiums minus deductibles.
   
   

6. Insure your home and car with the same insurer

   Having both your homeowners and auto coverage with the same insurance company will usually get you cheap auto insurance rates.
Save 10%-20% off your premiums.



7. Ask about auto insurance discounts

   Auto insurance policy discounts varies among the auto insurance companies. compare auto insurance should include discounts for:
   
   • Air bag
   • Anti-lock brakes
   • Higher deductibles
   • No accidents in the past 3 years
   • No tickets in the past 3 years
   • Student drivers with good grades
   • Multiple car coverages
   • Low mileage discounts
   • Driver training course or defensive driving course
   • Senior discount
   • Car alarm / locator device



8. Comparison shop for auto insurance companies

   Compare auto insurance rates from at least three different companies. You can call the auto insurance companies directly or get online auto insurance quote. Consumers can check insurance rating companies to compare the financial stability of different auto insurance companies. Insurance rating companies include:
   AMBest,
   Standard and Poors, and
   Moody's
   
   You can start here to shop for online auto insurance.