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

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

1. Start off by compiling as many quotes as possible. Get at least five different quotes, you'll be surprised by the differences.

2. Include at least quotes from Internet-based companies, they usually are very cheap because of lower costs. But stick to larger outfits, the others might not help you when you need them.

3. Select a higher than standard 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 every year, your insurance company might "forget" to 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 cheap car 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 Cheaper qoutes, this is the easiest way to get cheap car insurance: just ask for it. Remember 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 quote.

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 (this is called bundling):

Insuring your abode|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 it go to my page on Bundling