Ways to Save Money on Your Car Insurance!

You typically have car payments, which can be huge for a new vehicle, and then registration fees and maintenance costs, and also gasoline. For the most part, it’s hard to save on any of those, but there is one thing you may save on and that is your car insurance. Here are some tips on how to save money on your car insurance!

Shop Around

We recommend to shop around before heading down to the dealership to buy a car. Dealerships can require that you have insurance before you drive one of their cars off the lot, so you don’t want to sign up with a company at the last minute, which could prove to be expensive, just so you can drive away!

Anti-Theft Device

Having an alarm system on your car can save you money with some insurance companies.  This could translate to a discount of up to twenty percent on your comprehensive coverage, a significant amount of money on some cars.  

Multiple-Vehicle Discounts

Having more than one vehicle on your car insurance may save you money. Generally speaking, to get yourself for a multi-vehicle discount, all the vehicles have to be under the name of a single policy holder, and those vehicles must be driven only by that individual or by family members residing in that person’s household.  

Bundling Discounts

Having a number of policies, such as car insurance and home insurance, with the same company can often save you money as well. In fact, all ten of the top insurance companies now offer bundling discounts, and this may be from 10% to 20% in total savings.

Low-Mileage Discounts

Low-mileage discounts are available from many insurance companies.  Be sure and tell your insurance agent if you drive a low number of miles each year. Some companies may require electronic monitoring to qualify, which is usually a device that is attached to an electronic monitoring port (OBDII) in your vehicle.

Safe Driver Discounts

Being a safe driver with a clean driving record will usually save you some money  with most insurance companies. Make sure when obtaining quotes from insurance companies that you let them know that you are accident free and find out if they offer a discount policy.  

Good Student Discounts

As you may have guessed, a good student discount that applies to young drivers who get good grades in school.  See, the insurance companies see students that get good grades as more likely to drive responsibly. Typically, to get a good student discount, the driver has to be no older than 25s, be enrolled full-time at a high school or college and maintain a solid B (3.0) average.

Arrange for Automatic Payment

A few insurance companies offer a small discount for allowing automatic payments from your bank account. In addition to offering a discount on automatic payments, there are insurance companies that will also give you a discount if you pay the full premium at once.


You may find that an insurance company offers other discounts in addition to the ones we’ve discussed here.  Be sure and ask your insurance agent if there are extra discounts that you may qualify for next time you renew your policy. We hope that you have enjoyed this article on how to save money on car insurance! Thank you to the Sales team at this Chrysler, Dodge, Jeep and RAM car dealership for their input on this article!

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