Show of hands: Who actually spends time shopping around for ways to save money on their car insurance? Anyone?  OK, next question: Who wants to save money on their car insurance? Yeah, we figured that would get your attention.


1. Use a digital personal shopper to compare the best rates for you

Now, we don’t mean to hire a personal shopper. What we mean is that you can enter your information into certain sites that will do the shopping for you. The best way to do this is through a quiz/survey. You can take a car insurance quiz here:


Get The Best Insurance Deal: Take the CAR INSURANCE QUIZ NOW


2. Don’t assume any one company is the cheapest

Some companies spend a lot of money on commercials to convince you they offer the lowest car insurance rates. But no single insurer is the low-price leader for everyone. The insurance company that’s cheapest for one person in one place might be the most expensive option for a driver in a different state.

The only way to ensure you’re getting the lowest rate possible is to shop around.


Get The Best Insurance Deal: Take the CAR INSURANCE QUIZ NOW


3. Ask about discounts

Insurers provide a variety of discounts, which can mean lower insurance rates for customers who:


  • Bundle car insurance with other policies, such as homeowner’s insurance.
  • Insure multiple cars with one policy.
  • Have a clean driving record.
  • Pay their entire annual or six-month premium at once.
  • Agree to receive documents online.
  • Own a car with certain anti-theft or safety features.
  • Are members of particular professional organizations or affiliate groups.

Don’t be swayed, however, by a long list of possible discounts. Compare rates from multiple insurers.


Get The Best Insurance Deal: Take the CAR INSURANCE QUIZ NOW


4. Pay your bills on time

Your credit score is a significant factor in the car insurance quotes you receive — except in California, Hawaii and Massachusetts, which don’t allow insurers to consider credit when setting rates. Insurance companies say customers’ credit has been shown to correlate with their chances of filing claims.

A NerdWallet analysis found that having poor credit can increase people’s car insurance rates by hundreds of dollars a year compared with having good credit. (In most situations, a FICO score of 579 or lower is considered “poor” credit, but insurers have their own credit models that may have a different cutoff.)

Improve your credit — and get lower insurance rates — by paying your bills on time and reducing your debt. Track your progress by checking your credit score regularly.


Tip #5: Review Annually

Finally, aside from checking in every couple of months, it is always a good idea to check into your policy annually. This is the time that coverage and policy terms can change and or no longer really fit your needs. Sometimes, even your rate is adjusted. You want to make sure that you are keeping track of these subtle changes and taking control of your policy. Once you have reviewed your policy, make it a goal to shop around and look at your options.


Get The Best Insurance Deal: Take the CAR INSURANCE QUIZ NOW