Most of us know that the big ways to save on our car insurance is to only have collision insurance on cars with enough value to warrant having collision.
Keeping deductibles set at the highest rate we can afford to pay out of pocket is another.
But many of us overlook the little add-ons that get stuck to our policy that increase our rates.
Below are a few ways to save even more on car insurance that you might have over looked.
Life events impact us in many ways, but did you know they could affect your policy premiums as well? Generally speaking, insurance companies like people who play it safe.
When we do certain "grown-up" things these make us look like safer people in the eyes of the insurance companies.
So if you have a major life changing event- such as getting married, having a child, earning a college degree to name a few- call your insurance company and see if you get a price break.
There is no harm in trying, and you may be pleasantly surprised to see that your mother is not the only one happy to see you growing up and "settling down".
Auto drafting your payments is another way to skim a few dollars off of your insurance bill.
You will find the biggest price break if you sign up to have your full premium debited from your account on either a yearly or semi-yearly basis, but even if you need to pay month by month most major insurance companies will give you a small break for auto drafting your bill from your checking account or credit card.
Insurance companies like to be certain they are getting paid, and auto draft is one of the ways they can assure that they will be paid on time.
It is like insurance for the insurance provider, and they like that! We all want to be safe on the roads, so double check that your car has all possible safety features.
Things like passenger side air bags, stability control, amiable headlights, anti-lock breaks and security alarm will all help chip away at your premium price.
If you and your spouse or children all drive vehicles, look at how each person is billed.
If you bundle your household drivers together on one policy you will likely find you save a significant amount of money.
You may also find that even though you are all insured by the same company it does not mean you are getting a multi-driver discount.
To be safe, call your insurance company and ask if you are receiving this discount and have them rectify the situation if you are not.
Lastly, keep on top of your bills.
Even the bills outside of your car insurance can greatly affect your premium rates.
While most people argue it is not fair to base your premium on your credit, it has an impact.
The better your credit score the lower your payment will be.