Comments on: 20 Different Areas to Think About for a Cheaper Auto Insurance Policy

By: Krystal

Krystal — Sun, 19 Dec 2010 03:55:37 +0000

I work for Allstate, and this is good advice. Just one side note, the color of the car does not matter ever.

By: Nick

Nick — Fri, 16 Jul 2010 16:20:08 +0000

All of these ideas are great, and I do have a very cheap insurance policy. But remember when you lower coverage, you also lower the amount the insurance company will pay when/if you get into an accident, which then means you are paying for it yourself. Sometimes saving a few bucks isn’t worth the risk of losing everything else.
Just for reference I pay $44 a month for the highest amount of coverage possible. If your insurance agent is only selling for one company, you are wasting your money.

By: John Hogenmiller

John Hogenmiller — Tue, 14 Jul 2009 03:03:27 +0000

You can also look into credit unions for auto insurance. For those in the military/veterans, I recommend looking into USAA. I got a slightly better policy at around half the cost that I had previously been paying Geico. I’ve heard other credit unions can get better rates than a non credit union insurance provider.

By: Greg Rollett

Greg Rollett — Mon, 04 May 2009 19:30:28 +0000

Great timely post. Found your site from the Man Vs. Debt Blog Carnival and you have some great tips. My wife and I were thinking about ways to get that bill down and now I have a to-do list for her.

By: Horlic

Horlic — Tue, 28 Apr 2009 09:07:48 +0000

Wah, that’s great. I wish I could do that as well by save $100 – $ 400. That is lots man. However, it is standard rate for Malaysia.

By: MoneyNing

MoneyNing — Mon, 27 Apr 2009 15:58:48 +0000

Remember to just call every 12 months and not be complacent even though you got savings once and think it would be hard for them to give you more discounts. To much of most people’s surprises, the more you call, the more you save.

By: Imani

Imani — Mon, 27 Apr 2009 14:46:57 +0000

Excellent advice. I got my car insurance lowered because my mileage dropped and since my car is a 1993 model, I dropped collision also.

Along the same line, I got my home owner’s insurance lowered by $359 per year. I simply called and kept digging until the agent found ways to lower my payment while still maintaining the coverage I need (no bells and whistles).

Another surprise experience was getting my road assistance insurance reduced by half. I intended to cancel it because I thought the $98 was too expensive as I no longer drive much or further than 30 miles from home. When I said I wanted to cancel, the agent offered me the exact same coverage at half price.

It never hurts to ask. My total savings were approximately $600 per year for the small price of a half hour or so on the phone.

By: Jason Unger

Jason Unger — Mon, 27 Apr 2009 14:26:55 +0000

I just did the same — saving myself $400/year on my insurance.

We were paying way too much money to have our 2nd car (a 97 Tercel) sit parked for 30 days each month, so I called and got a low-mileage discount and dropped collision and comprehensive coverage, since the car isn’t worth that much.

Edmunds.com has a great list of ways to save:
http://www.edmunds.com/reviews/list/top10/116958/article.html