As we all know, we are made by law to be insured when driving a car. Sadly many people (including myself until recently) spend way too much over the years on these insurances, since the cost of comparable coverage between different suppliers differs wildly.

In this article I'm going to show you how to pay the very least required by law, in just 10 steps.

1. Start off by getting as many prices as possible. Get at least five different quotes, you'll be surprised by the changes you will find.

2. Include at least quotes from online companies, they usually are very competitive because of lower costs stoructures. But stick to larger companies, the others might not help you when you need them.

3. Select a high deductible. The deductible is the amount of money you need to pay if there is an accident. Increasing this from $250 to $1000 (most insurances have a default $250 deductible) will get you a discount of 50%. If that seems a big risk, then think of the following: if the discount is as much as the deductible itself, you hardly lose any cash in the total sum, even if you have an accident! You just get a good discount if you dont!

4. Review your Policies regullarly, your insurance company might not improve your premium even if you have driven accident-free the last year.

5. Takefamily off the insurance, if you have family members that occasionally drive your car, they are insured anyway.

6. If you are driving an car that isnt worth a lot then you can drop the collision rate, this is especially important if the car is worth the same or less as the deductible + the monthly insurance.

7. Ask for bigger Discounts, this is the easiest way to get discounted car insurance: just ask. Also ask for the upcoming discounts.

8. Read your policy thoroughly, many insurance companies try to include little additions that seem harmless, but, summed up, actually add up significantly to your monthly cost.

9. If you are a couple try to put the insurance on the women's name, it is proven that women make fewer accidents than men so insurance companies charge women less.

10. Lastly include combinations (bundling):

Insuring your house|and your car at the same insurance company can save you from 20% to 25%

In total these tips can save you upto 70% which for an insurance of 2000$ a year would save you 1400$.

And that is only on your car, combining your car insurance with your home insurance (bundling) is very effective, I recommend you to start with this, to find out everything you need to know about bundling go to .