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Save Money on Their Car Insurance Print E-mail

Everyday customers are looking to save money on their car insurance.
"The price of gasoline, you need to save where you can," says driver Robert Tyson. Tyson, his wife, and grandson are signing up with AAA. for the first time, after shopping around for the best rate possible.

"Yes, I certainly did check other ones out,” Tyson says.

And, that is the fifth best way to save money on your car insurance. Shop around for the best deal for you.

"We have seen a little bit of an uptick in the number of quotes that we're giving out and I think it is economically focused,” says AAA Vice President of Insurance, Jared Peterson. Peterson says while everyone is looking to save money these days, sometimes a better insurance premium doesn't mean better insurance.

Number four, if you drive an older car you may want to reduce your comprehensive and collision coverage. If your car's not worth much why spend a small fortune insuring it?

Number three, sign up for multiple insurance polices with the same company. "Almost all insurance companies, if you insure your auto and your home and even sometimes a renters policy with the same company you can get a discount,” Peterson says.

Number two, check for discounts you may be missing. "A lot of the insurance companies have added discounts over the past few years so it would be a good idea to contact your agent and review your current policy just to be sure that you're getting all the discounts your entitled to” Peterson says.

And number one, you may want to raise your deductible. But, just remember you'll have to pay more if you cause a wreck. "Almost all insurance companies, the largest surcharge mechanism they use is for people who have at fault accidents” Peterson says.

Here are five more ways to save on your insurance:

-Move closer to work. If you drive les than 15 miles to work you will typically pay less on your car insurance.

-A cheaper car means cheaper insurance. If this is really a concern for you, consider a trade in.

-Keep your credit in good standing. Almost all insurance companies use credit to determine your insurance rate.

-Keep your driving record clean.

-Drive safely and don’t cause any wrecks.

 
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