The deductible is the amount of money you must pay if you need to make a car insurance claim. By increasing this amount you can reduce your car insurance premium.
If you have an older car, dropping your collision or comprehensive coverage may be a good option for you to lower your car insurance premiums. Dropping your collision coverage basically means that if you were involved in a car accident, the car insurance company would not pay to fix your car. Your liability coverage would cover any repairs if another vehicle were involved.
Make certain that your car insurance company knows about all the safety features on your car. Airbags, special restraint systems, vehicle stability control, anti-lock brakes, vehicle tracking systems, daytime running lights and other features can help reduce your car insurance premiums.
If you are already covered by a health insurance program, you may not need the medical coverage provided by your car insurance provider. Dropping the medical coverage could lower your car insurance rates.
A month before your car insurance is up for renewal, get a couple of quotes from competing companies. Rates can drastically change over time between competing companies.
Towing and Car Rentals
If you already have towing and rental coverage from another source, dropping these options from your car insurance policy can reduce your car insurance premiums.
Low Mileage Discounts
Some car insurance companies offer discounts if you put on less than 10,000 miles per year.