You can bring down your auto insurance rates considerably by downgrading the scope of coverage you enjoy. That’s NOT smart. But there’s a better way: Apply the right tips and do certain things right and you’ll be in for massive discounts These are recommendations that won’t leave you with inadequate coverage…

1. There is something known as “good driver discount.” This for drivers who have not make claims for three years and more. But bear in mind that not all insurers offer this discount.

If your insurer is one of the few who don’t offer this discount tell them point-blank that you’ll switch to another insurer. With this kind of history getting a far lower rate is certainly very easy since claims-free policy holders are every insurer’s dream.

And, believe it or not, your insurer is likely to shift grounds if they see you’re really serious about leaving.

2. You can lower your rates by positioning yourself for a multi-vehicle discount. You can only do otherwise if the total of your premiums across various insurers is lower than what you’ll be given with a multi-vehicle discount if you buy from one insurance company. You can be sure by simply doing a little research before taking this step. But even if you don’t intennd to shop around, you can be sure that you’ll still save reasonably with a multi-vehicle discount.

3. A multi-policy discount is a good way to reduce your total insurance spend. That is, for example, if you buy your auto policy from the same insurer who caters for your home insurance.

However, I must point out that you may not be saving as much as you could by switching. Shopping around for quotes and comparing offers out there with what you’ll save are highly recommended steps. That way you’ll be able to determine if this will be to your advantage.

4. Although most people will question the wisdom behind this, your credit rating is used to decide whether you’re a good a bad risk. Most insurers now take your credit rating into consideration when deciding what you should pay. Insurers who use it as one of the factors that determine what a person pays say that there is a relationship between the two. These insurers claim that they have statistical evidence to show that people who show irresponsible behavior in their finances are almost always reckless on the road.

5. An easy way to ensure you get more affordable rates is being careful every time you’re behind wheels. It’s a good idea to NOT drive at all if you’ve taken alcohol no matter how little.

Driving while drunk, howbeit slightly, will make you get exorbitant rates if you’re lucky or be compelled to be without car insurance if you’re not so lucky. While alcohol-related traffic offences have very instantaneous and serious consequences, speeding tickets will as well affect your rates negatively if they pile up. You’ll do yourself a world of good if you obey all traffic laws at all times.

6. For those who are under 25 years, auto insurance rates can be reallyastronomical. However, one thing you can do to get lower rates if you belong to this age group is get good grades.

This discount is for students who get A’s or not less than B’s. This will shave off up to five percent from your rate if you make yourself eligible. Experience has shown insurers that what makes a student keep getting good grades is a level of responsibility which such students also maintain behind wheels. Young drivers who maintain good grades are usually seen as more responsible and less likely to take to recklessness behind wheels.

7. The most vital step to reasonable savings in auto insurance is comparison shopping — That’s if you do it well. You can get quotes that will have a difference in excess of $1,000. You could conveniently save that much by just picking the lowest quote. That should apply if you’re just after the lowest price.

However, if you’re after the best price/value then you would have to look at the details of the cheapest offers. Different insurers may have slight differences for similar policies. It’s a good idea to ask the agent what’s included and what’s excluded.