1. Get insurance quotes from at least three different companies to
compare prices and services.
2. Before purchasing a new car, read sources of information such as Consumer Reports magazine to see if the vehicle has a high accident rate or is popular with thieves. You also can write to the Insurance Institute for Highway Safety, 1005 N. Glebe Rd., Suite 800, Arlington, VA 22201 and ask for the Highway Loss Data Chart.
3. See if you can get a package deal on insurance quotes by buying your
homeowners, auto and other insurance from the same company. You may also get a discount on insurance quotes if you insure all of your family's cars with the same company.
4. Increase your deductible if you feel you can handle the out-of-pocket
expense in the event of an accident. For example, increasing your deductible to $500, rather than the standard $250, will reduce your insurance quotes.
5. Consider dropping collision coverage from your insurance quotes as
your car ages. There comes a point when your aged auto's book value is less than the cost of repairing it, and remember, the most your insurer may pay is the car's book value. You can find out the current value of
your car from the N.A.D.A. Official Used Car Guide, available at most local libraries, bookstores or banks.
6. For lowest insurance quotes, drive safely and obey the speed limits.
Don't drink and drive. A good driving record lowers your insurance quotes and rates. Always wear your seat belt.
7. Check to see if you qualify for any of the following discounts to
lower your insurance quotes (which are not permitted in all states and are not offered by all insurance companies):