Auto Insurance

How to Get the Most From Your Auto Insurance

Auto insurance is a requirement in almost all states. Being that you likely have no choice about whether to buy it or not, you should at least try to get the most from your insurance as possible. Typically, each state will have a minimum requirement, but if you get into an accident, that minimal coverage won’t do a lot to help you. Your best bet is to put together a policy that will offer you what you need if you would get into a major car accident at a price you can afford.

Auto Insurance

Here are some tips to help you get the best coverage at the most affordable price.


One thing you generally can control when it comes to costs is the deductible. This is the amount of money you have to pay out of pocket before your insurance company will pay for any claim. Many people automatically choose the lowest deductible. However, if you want to save money, then you should go with a higher deductible. To ensure that you can afford to pay it should an accident occur, you can simply put money into a savings account to cover it. Keep the money there and don’t touch it. Then, you know that you can afford the deductible should you need it.

Car Choice

If you have a vehicle that you don’t own, such as a lease or one you have a loan for, then you will likely need comprehensive and collision coverage, which will make your insurance rates higher. While you may not be able to buy a vehicle outright, you can make more careful choices in what vehicle you do buy. For example, lower cost vehicles will have lower cost insurance. Vehicles that are more likely to be stolen will also increase insurance prices. Lastly, brand new vehicles and those with low safety ratings are more expensive to insure. Basically, the reason these things affect your insurance rates is that your vehicle would be more expense to repair or replace, costing the insurance company more money.

Driving Record

Your driving record will play into the cost of your car insurance. So, be smart when you are on the road. While accidents will have a huge impact, just getting a speeding ticket can also raise your rates. Drive carefully and obey all road rules. If you get into a minor accident with no injuries and no damage, you should avoid reporting it if the other driver isn’t either. Any reports of accidents could affect your rates, even if they are not your fault.


If you have other types of insurance, ask about bundling them with your car insurance. When you bundle insurance policies together, you generally can get a discount. You may have to ask about bundle options, though, when you check at Keep in mind that you will need to have all your insurance coverage through one company and some companies may not offer all types of insurance. In addition, you should be careful about switching a policy, you could end up paying more than you are saving.


You can also help to bring your costs down by installing anti-theft devices. Things like GPS tracking devices, car alarms, and ignition shut-off devices can all give you a chance at a discount on your policy. This can save you quite a bit of money because it reduces the chances that your vehicle will get broken into or stolen, which saves the insurance company money.

Driving Courses

In some cases, taking a driving course can be a great way to lower your insurance expenses. If you never took driver’s education, that could be an option. Another option would be a defensive driving course. Taking such courses gives you training in how to avoid accidents and how to be a better overall driver, which, in the eyes of the insurance company, makes you a lower risk driver.

Making the most out of your insurance policy means getting the most for your money. There is no need to go with the bare minimum coverage. If you make the right choices, you can put together a policy that offers great coverage at an affordable cost. Keep in mind that you can’t control everything that affects your costs, but by managing those things you can control, you can get a great rate.