How much are you spending on your vehicle insurance? Are you paying around $4000 or $5000 perhaps? Do you want to decrease your insurance rates? That’s simple, here’s how.

Increase your deducible. Your deductible is what you need to pay as part of your auto insurance claims before your insurance company kicks in and settles the rest. If you consider changing your deductible for a a couple of hundred dollars like from $100 to $500 or even to $1000, you can save hundreds of dollars annually!

Obtain security system and safety devices for your auto. Consider  the importance of  getting security system on your car like anti-theft device, car alarm and also safety devices like automatic seatbelts, anti-lock brakes etc. In general, car insurance carriers will give you a discount for having those devices installed in your car. These devices do not only give you the peace of mind but also it gives you the chance to lower your insurance rates.

Drive less and lower your driving miles. Your auto usage impacts your vehicle insurance rates. The higher your driving miles, the more expensive your insurance rates. Think about taking the public transportation or even carpooling to lower your driving miles and get cheaper insurance rates.

Carefully study your car insurance policy. Understand your policy and make modifications if you need to. If you have collision and comprehensive coverage and you’re driving an old auto, then remove those coverages. It’s useless to acquire those for an old car.

Shop around. Do comparison shop for your auto insurance. Check the Internet and get several auto insurance prices. From that alone, you can obtain the cheapest insurance policy attainable.

Ask for discounts. There are various auto insurance discounts that you can take advantage of like:

Good driver discount, if you have clean driving records;
Low mileage discount, if you are using your auto less;
Multi-vehicle discount, if you are insuring more than one auto;
Multi-policy discount; for purchasing multiple policies from the same insurer like your home and car insurance.
Good student discount; if you are a student with an average of B or better.
Safe Driver discount= if you take accredited defensive driving class
Safety features discount= if you set up anti theft device and safety features in your vehicle, you can get discount.  Also where you live plays a role in costs as well, auto insurance in Wisconsin is much cheaper than auto insurance in Austin Texas just because of population density and accident occurance.

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