Released on: January 27, 2008, 8:50 am

Press Release Author: Alexei

Industry: Financial

Press Release Summary: With the arrival of 2008 comes a new time to make
resolutions, and hopefully keep them. While some may vow to quit smoking, lose 5
pounds, or start saving more money, this is the perfect time to start reaching your
goals. One way to save some extra money that you might not be conscious of is
lowering your car insurance rates. While comparing car insurance quotes is the best
way to save money, there is still between 20% and 30% of the population that doesn't
comparison shop.* Here are InsWeb's Top 10 Ways to Save on car insurance.

Press Release Body: With the arrival of 2008 comes a new time to make resolutions,
and hopefully keep them. While some may vow to quit smoking, lose 5 pounds, or start
saving more money, this is the perfect time to start reaching your goals. One way to
save some extra money that you might not be conscious of is lowering your car
insurance rates. While comparing car insurance quotes is the best way to save money,
there is still between 20% and 30% of the population that doesn't comparison shop.*
Here are InsWeb's Top 10 Ways to Save on car insurance.

1. Shop and Compare Rates Every 6 Months
In 2008, if you check your car insurance rates in January, make sure your check them
again in June. According to an independent study, people who compare rates and
switch carriers at InsWeb.com save an average of $301* on a six month policy.
Consider the savings over 12 months! Tickets or no tickets, you're a different
driver than you were last summer. Get updated quotes and see what your individual
savings could be.

2. Select Higher Deductibles
Simply put, the higher your deductible, the lower your premium. Indeed the cost of
an accident will be that much more expensive; however, if the damage is minor (grey
zone in making accident claim), you'll be spending the same out-of-pocket amount
regardless.

3. Make a Cheaper Policy Even Cheaper: Don't Pay in Monthly Installments
Additional administrative fees are commonly applied to payments when you split your
premium in to installments (i.e. monthly, semi-annual, annual). Be aware that a
monthly fee of even $7 can add up to $84 over 12 months.

4. Look for Multi-Line Insurance Discounts
The most under recognized car insurance discount results from the multi-line
insurance policy: buying your auto insurance and your homeowners insurance from the
same insurance company. According to the Insurance Information Institute, a
multi-line policy can save you up to 15% on both premiums.

5. Collect on Your Good Driving
Most insurance companies reward good driving with lower premiums. In fact, in some
states a good driving discount is required by law. If you haven't had any accidents
or tickets in the last three to five years, shop at InsWeb.com and see whether you
are missing out on this money savings discount.

6. Don't Overpay for Tickets
Unfortunately moving violations are an accurate reflection of your liability to an
insurance company, and your rates can skyrocket as a result. Perhaps you deserve a
higher rate, but don't let the insurance company unduly punish you. Shop around and
see if you can find a more reasonable rate with another company.

7. Look for Safe Vehicle Discounts
Many companies offer discounts for various safety features on your vehicle,
including air bags, alarms, factory-installed mechanical seatbelts and antilock
brakes. In getting updated insurance quotes, be sure to indicate such safety
features to benefit from available discounts.

8. Don't Overpay for Your Unnecessary Coverage
You may be paying for coverage that you don't need. For example, you may be a member
of an auto club that provides towing services, yet you're also paying for towing on
your auto insurance policy. Look for opportunities to eliminate unnecessary costs.

9. Look for a Good Student Discount or Senior Discount
Students currently enrolled in school often receive a discount on auto insurance for
good grades, as many companies feel conscientious students make conscientious
drivers. Similarly, insurance companies are known to value the wisdom of an
experienced driver, offering discounts to drivers over 50 as a result.

10. Pay Less for Driving Less
Many insurance companies will offer discounts on vehicles that incur low annual
mileage. In fact, some companies have a predetermined number of what they consider
low mileage. Has your commute changed? If so, it might save you money to get an
updated quote.

Web Site: http://www.usa-online-auto-insurance.com

Contact Details: USA