13 Car Insurance Savings in 2013

Finding car insurance savings in 2013 is as easy as these 13 steps.

These car insurance savings ideas can keep your money with you were it belongs.

Car Insurance Savings #1

Drop rental car coverage if you have multiple vehicles in the home.

Car Insurance Savings #2

Drop towing coverage if you already have it with another company. If you already have towing coverage somewhere else, don’t pay extra for it on your insurance policy.

Car Insurance Savings #3

Contact your insurance company or agent to make sure that you are getting all the discounts you can. Sometimes discounts, such as Good Student Discounts can be missed.

Car Insurance Savings #4

Combine your insurance coverages together. If you have your car insurance with one company and your homeowner’s insurance with another company you are losing money. By putting the coverages together under one company you can qualify for a multi-policy discount.

Car Insurance Savings #5

Combine the vehicles in one household together. If you are living with a boyfriend or girlfriend, or you have adult children living with you can put everyone’s vehicles together under one car insurance policy to qualify for a multi-car discount.

Car Insurance Savings #6

Remove liability and collision coverages from vehicles that are being stored and not driven.

Car Insurance Savings #7

Refuse to insure teens that are reckless drivers. Driving is a privilege, and if your teen driver is reckless behind the wheel don’t allow them to drive. Take their license away and remove them from your insurance policy. Why should you have to pay extra for insurance because your teen refuses to be responsible?

Car Insurance Savings #8

Make your teen driver pay for their own car insurance. When I was a teen driver if I wanted to drive, I had to be able to pay for my portion of the car insurance bill. My own child, who is only 13 currently, has already been warned that he will also have to pay for his own insurance if he wants to drive.

Teach them financial responsibility early and they will be able to function better in the real world when they are adults.

Car Insurance Savings #9

Remove comprehensive and collision coverage from old vehicles. There gets to be a point in the lives of vehicles where it costs more to insure them than what the insurance company would pay out if they were totaled.

So instead of paying the insurance company extra free money for coverage they will never have to pay out for you, put the money you will save by cancelling the coverage in a savings account to pay for the damages yourself.

Car Insurance Savings #10

Try the tracking devices. Insurance companies like Progressive are pushing tracking devices you can voluntarily use to track how safe you drive. Safe drivers are supposed to see decreases in their insurance premiums thanks to these devices.

Car Insurance Savings #11

See if your insurance company offers a pay for use program. These types of programs are perfect for those that don’t drive very much as your insurance premium is adjusted to match the lower than average use of your vehicle.

Car Insurance Savings #12

Work on your credit score. Yes, I know this one doesn’t make sense, but insurance companies still rate premiums on credit scores. The higher the credit score the lower the insurance premium.

Car Insurance Savings #13

Shop around for insurance coverage to find what company can get the best car insurance savings for you in 2013!