Just paying off your car loan doesnt lower your car insurance rates.

How to reduce auto insurance rates. Review your existing policy. If you have two vehicles and you think your family can manage by driving only one car look into temporarily suspending your car insurance coverage on the vehicle not needed. Drivers can save an average of 64 by switching from full coverage to minimum coverage for example.

If youre willing to give a little with your deductible you can wind up saving big on your rates. While you will need to pay more upfront in the event of a covered claim youll save over the long term. Prices vary from company to company so it pays to shop around.

If you go from a 250 to a 1000 deductible you can save between 25 and. Your broker can help you determine the right deductible for you. Before you buy a new or used.

Drive according to road conditions. Shop around before choosing your insurance plan. One of the best ways to keep your auto insurance costs down is to have a good driving record.

How to lower your car insurance premium One way to get cheaper car insurance is to simply shop around for a better price. Stick to driving the speed limit do not tailgate or cut off other. Get at least three price quotes.

Even though your demerits only last one year on your drivers license record they affect your insurance rates for two years four if its a criminal offence. Were the Auto Insurance Specialists. However there might be a few things you can do to lower your car insurance rates.