How to Reduce Your Car Insurance

Six Ways to Cut the Cost of Your Auto Insurance



Six Ways to Cut the Cost of Your Auto Insurance

If your car is worth ten times the premium, buying collision coverage just may not be worth it. You can find out what your car is worth by contacting your bank's auto loan department or you can look it up online at www.kbb.com (Kelly Blue Book).

Tip #5:Buy your auto insurance from the same company that has your homeowners insurance.

All the major insurers offer both homeowners and auto insurance and will give you a nice discount if you buy both types of policies from them.

You may also qualify for a discount if you insure several vehicles with the same company.

Some companies even offer discounts for long-time customers.

Tip #6: Keep a good credit record.

Auto insurance companies are using credit information more and more often to price their policies.

Make sure you maintain a good credit history by paying bills on time, and by keeping your credit card balances as low as possible.

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