Keep your driving record as clean as possible. If you have accidents or driving tickets on your record, this can vastly increase the amount you have to pay for your insurance. If you do get cited for a moving violation, you should opt for traffic school to keep it off your record.
Prior to installing aftermarket additions on your car, find out from your insurer how much will be covered if the car is damaged or stolen. Insurance companies usually don't cover the entire cost of these parts, only the the worth of your car with these additions, which usually isn't a lot.
When shopping for vehicle insurance coverage for your teen, ask your agent to give you a quote, both as a separate policy and also as an addition to your existing policy. You may save money by purchasing your child a separate policy; the type of cars that you have factor into the price.
You should review all after-market equipment you intend to install on your car with your insurance agent, so that you can be sure it gets covered properly. You may find, for example, that the $2,000 you spent to upgrade your car into racing form actually added less than $500 to the vehicle's appraised values. Should the vehicle get stolen, you're out the difference.
Do not try to keep a lid on your premiums by juggling cars and family members. You will get a better price that way.
When selecting your insurance policy, be sure to get quotes from several different agencies. There can be wide variation in rates among the various auto insurers. To ensure you're getting the best bang for your buck, make it a point to shop new quotes at least once per year. However, make sure the policy details for each quote are very similar.
It is not a good idea make your insurance premium payments on a monthly basis. Insurance agents add three to five dollars to monthly bills. Over time, this money adds up to a substantial amount. Paying your car insurance premium in full at the beginning, saves you yet another monthly bill, of which you likely have plenty of already. Generally, the fewer payments you have, the better.
Trade in your flashy sports car for a cheaper, less noticeable vehicle. Although fast and furious sports cars are impressive, they also cost a price comparisons of classic car insurance premium to insure. Try a car that isn't so high-profile. If you have a motor that is large, it will cost more for insurance. Sports cars are a hot target for thieves, and this can drive up your premiums significantly.
With the knowledge you have learned here, review your policies and make sure you are getting the coverage that you need at the right price. Knowing what your choices are is a good way to gain confidence in making the right decisions.