Now that our rates are being hiked again, I wanted to share a few ideas on how to save money on your auto insurance bill.
Shop for the best rates. There are many sites to choose from. I find that the Department of Insurance site is excellent. See https://apps.tdi.state.tx.us/helpinspublic/ I searched different companies to find competing rates for the following demographics: car being driven to/from work, single man, age 25-64 living in 76112 zip code in Fort Worth, good driving record, average credit rating. The cheapest liability policy was offered by USAA ($303) and the most expensive was sold by Chartis Property and Casualty (a whopping $1,860). Other companies rates were as follows:
AAA Texas County Mutual $395 Allstate County Mutual 808 Allstate Fire and Casualty 370 GEICO 548 Hartford Fire 362 Progressive 496 State Farm Mutual 526 State Farm County Mutual 637 Texas Farm Bureau 404
As you can see, it pays to shop around.
Other ways you can save money include:
Take a higher deductible.
Reduce coverage on older cars.
Use the same insurer for home and auto coverage.
Take advantage of low-mileage discounts.
Ask about group insurance or discounts through employers, business or alumni groups.
Seek discounts for no accidents or moving violations, good-student discounts
Take a defensive driving course.