

Auto dealers and banks can tell you the worth of a car, or look it up online on autoTRADER. Compare the cost of the insurance with what the car is worth.

If you have an older car, you may not need Collision and Comprehensive coverage. It typically costs less to pay a little more for a minor repair than to pay a higher premium over time. Raising your deductible just a few hundred dollars could save you a lot of money. For example, if your deductible is $500 and you have $2,000 worth of damage, you’ll pay the first $500 of the car repair cost and your insurance company pays the rest. The deductible is the amount you choose to pay for damages to your vehicle before your insurance kicks in. Some car insurance companies offer a discount when you buy two or more products from them, such as home and car insurance, including Co-operators. Cars with lower-than-average insurance rankings are generally less expensive to insure. Check car insurance rankingsīefore you buy or lease your next car, look at car insurance ranking lists to find popular vehicles with the best insurance value. Look for the insurance coverage that best matches your needs, not necessarily the one that costs less. While it’s always nice to save money, a lower-priced policy might cost you more in the long run if you discover later that it doesn’t have enough coverage for you and your family. Carefully check the coverage, deductibles and liability limits. When comparing prices, make sure you know exactly what’s included in your policy.

Before you buy auto insurance, here are some things you can do to save more.
