When shopping for auto insurance make sure each insurer is offering the same or comparable coverage. Many insurers use the “Insurance Services Office” (ISO) policy forms, but this is not always the case.
An easy way to lower the cost of your automobile insurance is to increase the deductibles on your Comprehensive and Collision coverage. Simply raising your deductible from $250 to $500 or $1,000 will lower your premium. You need to determine how much of any loss you can comfortably retain based on the financial resources you have available.
Another way to lower the cost of your automobile insurance is to look for any discounts that you may qualify for. For example, many insurers will offer you a discount if you insure multiple cars under the same policy, or if you have had a driver education class in the last five years. Be sure to ask your agent or your company about their discount plans.