Originally published August 6 2005
Lowering your car insurance may be simpler than you think
by Mike Adams, the Health Ranger, NaturalNews Editor
The Insurance Information Institute has released a detailed list on ways motorists can save money each year on their car insurance.
Prices vary from company to company, so it pays to shop around.
Your state insurance department may also provide comparisons of prices charged by major insurers.
Get quotes from different types of insurance companies.
Some sell through independent agents who offer policies from several insurance companies.
Contact your state insurance department to find out whether they provide information on consumer complaints by company.
You can use the checklist on the back of this brochure to help you compare quotes from insurers and on the same coverage.
Before you buy a new or used car, check into insurance costs.
Car insurance premiums are based in part on the car's sticker price, the cost to repair it, its overall safety record, and the likelihood of theft.
Many insurers offer discounts for features that reduce the risk of injuries or theft.
Deductibles are what you pay before your insurance policy kicks in.
By requesting higher deductibles, you can lower your costs substantially.
For example, increasing your deductible from $200 to $500 could reduce your collision and comprehensive coverage cost by 15 to 30 percent.
Before choosing a higher deductible, be sure you have enough money set aside to pay it if you have a claim.
Establishing a solid credit history can cut your insurance costs.
Low mileage discounts can also apply to drivers who car pool to work.
Some companies offer reductions to drivers who get insurance through a group plan from their employers, through professional, business and alumni groups, or other associations.
If there is a young driver on the policy who is a good student, has taken a drivers education course or is at a college out of the area without a car, you may also qualify for a lower rate.
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