My Auto Insurance Rates Keep Going Up. How Can I cut some of the cost?

Here are a few suggestions for ways to reduce your premiums:
• Shop around for insurance. Just because your current company once offered you the best deal doesn’t mean it’s still competitive.
• Increase your deductibles.
• Reduce your collision or comprehensive coverage on older cars.
• Find out what discounts are available from your company (or from a different company).Discounts are often given to people who:

• use public transit or carpool to work
• take a class in defensive driving (especially if you are older)
• own a car with safety features such as airbags or antilock brakes
• install antitheft devices
• are students with good academic records
• have no accidents or moving violations, or
• have multiple insurance policies with the same company—such as automobile and homeowner’s insurance.

• Find out which vehicles cost more to insure. If you’re looking to buy a new car, call your insurance agent and find out which cars are expensive to repair, targeted by thieves, or involved in a higher rate of accidents. These vehicles all have higher insurance rates.
• Consolidate your policies. Most of the time you will pay less if all owners or drivers who live in the same household are on one policy or at least are insured with the samecompany.