The Insurance Super Blog

8. Go shopping online. Some insurance companies will give discounts to subscribers who buy auto insurance policies via their websites.

7. Reduce coverage of older cars. Comprehensive and collision insurance for vehicles valued at less than $2,000 is not recommended by the experts because the premiums you’ll pay will likely be higher than the amount of money you would collect on a claim.

6. Consider a less flashy car. Sports cars, sports utility vehicles, and other high-profile automobiles usually cost more to insure because they tend to fall prey to theft more often and are more expensive to repair.

5. Look at helpful deductibles. It’s true: the higher your deductible (the amount of money you shell out to help pay for the cost of an accident before your insurance steps in) the lower your insurance premium.

4. Consider multi-policy insurance. You may get a lower premium if you bundle several automobiles under one policy, or if you insure your car and your home with the same company.

3. Keep an eye out for discounts. Most auto insurers offer discounts in one form or another. There are various criteria for eligibility: the car you drive (does it have enough safety features?), where you live (lower rates for rural residents vs. urban residents), your occupation (teachers, engineers, military personnel, etc., are eligible for discounts at some companies), and many, many others.

2. Be a safe driver. The cleaner your driving record is, the more likely an insurer will give you a lower quote. Drivers with a history of speeding, accidents, and other traffic violations are seen as high-risk by insurance companies and accordingly given higher rates.

“A penny saved is a penny earned.” Throughout the years, that’s still a wise saying. Why pay more when you can get it just as well for a lower price? Many people don’t realize it, but there are numerous avenues that one can pursue to reduce the amount of money paid for car insurance. Let’s look at the top 8 ways to save money on auto insurance.

1. Do some comparison shopping. Because of the increased competition among insurance companies, various insurance packages are offered at varying prices. You will find that you will usually get different quotes from different companies even for basically the same types of insurance. You can then choose which one would serve you best at the price you can afford.

14. Resist the munchies. Something as innocuous as nibbling on a bag of chips could take the driver’s attention away from the road and surrounding traffic.

15. Don’t drink and drive. It’s almost a cliché, but a lot of people still do it. And a lot of the time, they and their families reap the grim rewards.

These 15 tips to avoid auto accidents are by no means comprehensive. But if these tips and other traffic safety strategies are kept in mind until they become second nature, then driving to get from point A to point B will be safer and more enjoyable.

12. Beware the truck. Maintain a healthy respect for and keep your distance from these kings of the road. They are not able to brake as quickly as your family sedan or sports car.

13. Observe the signs and signals. A stop sign means a full stop – not a rolling one – and a yellow traffic signal doesn’t mean you should go faster. Just stop. Those minutes spent idling could save your life.