In today’s economic climate, saving money on car insurance can pay big dividends down the road. Here are ten tips that will help you save the most money on your car insurance.

1. Use a comparative rater. Instead of visiting the web site of insurance companies, consider using an independent web site. Sites like Autoquoter.com make insurance companies compete for your business, ensuring that you always get the lowest premium.

2. Consider your coverage. Do you really need additional coverage’s? It could be worthwhile getting quotes for all levels of coverage and consider the one which best suits your needs, budget and value of the vehicle.

3. Increase your deductible. Most insurers will give additional discounts for higher deductibles – but make sure you are able to pay your deductible if you need to make a claim.

4. Enter accurate mileage. Avoid guessing – insurance premiums are based on numerous factors, including the number of miles that you drive. Time spent accurately calculating your commuting and annual mileage could save money in the long term.

5. Alarm your vehicle. Having an approved alarm system installed by a professional could save you in the region of 10 per cent on your premium cost.

6. Park in your garage. Clear out your garage and park your car in it or off the road. You could reduce your premium by roughly 5 per cent compared with parking it on the road.

7. Additional drivers. Adding a parent to a younger driver’s insurance policy could lower the cost. Similarly male drivers could also benefit from adding their female partner as a driver.

8. Drive carefully. This could save you up to 30 per cent on your premium, proving it literally pays to be a careful driver. The longer you go without any tickets or accidents, the more you can save.

9. Defensive Drivers. Enrolling in a defensive driver course may lower the cost of your insurance, especially for younger drivers.

10. Choose carefully. Before purchasing your next car, get insurance quotes on the vehicles you are considering. A good guide generally is the lower the engine capacity the cheaper the insurance.

Ten tips to cut the cost of car insurance is brought to you by http://www.autoquoter.com