Choosing higher deductibles for collision and comprehensive coverage is an easy and cost-effective way to lower your auto insurance bill. In many cases, the premium savings realized by switching to a higher deductible may be enough to offset the cost difference of an increased deductible in just a few years.
Good drivers who have no accidents or violations receive the most competitive rates, but there are other factors that can reduce your premiums even further, including:
Accident prevention course (IL, NY, PA, TN & VA only) If the principle operator is age 55, you may receive an additional discount in these states if you voluntarily and successfully complete an approved motor vehicle accident prevention course.
You can save even more money on your auto insurance by choosing a vehicle with the following safety equipment:
Passive restraints If your vehicle is equipped with factory-installed automatic seat belts or air bags, you will receive a discount on the medical payments or personal injury protection portion of your premium.
Anti-theft devices You may receive a discount on the comprehensive portion of your premium if your vehicle has active or passive anti-theft devices.
Anti-lock brakes Vehicles with factory-installed anti-lock brake systems on all four wheels are eligible for this discount that applies to the bodily injury and property damage coverage's.