Jessica Sautter is a Content Writer for CarInsuranceCompanies.com with a Bachelor’s Degree from Eastern Michigan University in Elementary Education with a Major in Reading and a Minor in Mathematics.

Full Bio →

Written by

Chris Harrigan has an economic degree from Limestone College and an MBA from Clemson University. He previously managed auto insurance claims for Enterprise Rent-A-Car. Currently, he is using his business and insurance expertise to provide insurance data analysis and visualizations to enhance the user experience.

Full Bio →

Reviewed by Chris Harrigan
Former Auto Insurance Claims Manager

UPDATED: Sep 19, 2020

Advertiser Disclosure

It’s all about you. We want to help you make the right car insurance coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Car insurance comparison shopping should be easy. We partner with top car insurance companies. This doesn’t influence our content. Our opinions are our own.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Key takeaways...

  • Having a clean driving record can save you money
  • Where you park your car can affect your monthly premium
  • Bundling your insurance needs with one company can lower your insurance rates

When it comes to getting affordable car insurance, the best thing to do is use a price comparison website to compare many companies in a short space of time.

However, once you do this, there are chances that you will be able to decrease your insurance rates by making a few changes or offering more information directly to the company.

Find the car insurance policy you need now! Enter your zip code above to get started for FREE!

Table of Contents

Increase Your Deductible

The first thing that you should look at is the amount that you are expected to pay before the insurance company will pay out.

There are often compulsory and voluntary deductibles that will need to be paid, depending on how high risk you are considered.

While you cannot change the compulsory, you can make changes to the voluntary deductible.

Companies do not like paying out money and if the deductible is low, you will find that the insurance quote is much higher.

Try raising the deductible amount by $250 to $500 and see if that helps to lower the quote.

However, something worth remembering is the value of the vehicle. The last thing you want is to pay out more than the vehicle is actually worth!

Compare Car Insurance Companies

Compare quotes from the top car insurance companies and save

 Secured with SHA-256 Encryption

Compare quotes from the top car insurance companies and save

 Secured with SHA-256 Encryption

Where You Park Your Car

Changing where you park your car overnight could help knock off 5 percent from your insurance quote.

Paring in a garage overnight is the safest option and insurance companies will lower your quote to counter that.

Thieves are less likely to steal your car from a garage.

Likewise, parking in the driveway will help to lower your quote, because there is less chance that the car will be damaged by a passing vehicle.

If you do not have access to a driveway, or it is already taken up, consider renting out a neighbor’s driveway.

You will need to make sure that the insurance quote lowers enough to justify the amount you spend on renting a garage space.

Good Student Discount

We all know that college car insurance can get really expensive.

While you can do nothing about your age, you can help paint yourself in a good light when it comes to the insurance company.

Good students are more likely to get a discount if get good grades in school.

If you get Bs or higher at school, send a copy of your report card to the insurance company; they are more likely to give you a discount.

Pay Your Insurance in Full

Insurance companies generally offer two options for paying for your insurance, which include monthly installments or paying your bill in full.

The best thing that you can do is pay your insurance off in full.

By splitting your insurance into monthly payments, you will be taking out finance from the companies and interest will be added to the quote!

Compare quotes from the top car insurance companies and save

 Secured with SHA-256 Encryption

Get All Insurance with One Company

If you are looking for car insurance, there are high chances that you have home insurance, medical insurance, and life insurance too.

You could save money by putting all of the insurance under the same company; the company will offer a discount for being a loyal customer.

Look at who your home insurance is with and talk to the company directly to see if they will offer a discount if you put your car insurance there too.

Bundle homeowners and car insurance for bigger discounts.

As your other insurances come up for renewal, it is worth talking to that company again to see if you can gain another discount.

Some insurance companies will even offer a multi-car policy. You could find that you are saving hundreds by opting for this.

Enter your zip code below and you will receive affordable car insurance quotes from the best car insurance companies for FREE.

References:

  1. https://www.cartrade.com/blog/2014/car-finance/what-are-the-compulsory-and-voluntary-deductibles-in-car-insurance-758.html
  2. https://www.statefarm.com/insurance/auto
  3. https://www.nationwide.com/car-insurance-discounts.jsp
  4. https://www.thebalance.com/how-do-i-get-a-multi-car-discount-527538