Car insurance is an expense shared by almost everyone who drives a car. All states require car owners to provide proof of financial responsibility in the event of an accident, and most states require drivers to maintain at least a minimum amount of car insurance as a prerequisite to lawfully driving a car. Car insurance premiums can vary greatly. Here are 10 tips to help you save on your car insurance. 1. Shop around. Car insurance premiums can vary a great deal between companies. You have probably seen car insurance advertisements touting average savings of $500 for people who switch their car insurance. You may have wondered how almost every insurance company can make this claim. Most insurance companies can make this claim because generally drivers do not switch insurance from one company to another unless the driver is going to save money by switching. Instead of just automatically renewing your car insurance policy each time it comes due, get a quote from 2 or 3 other companies. You may find that you are able to get the same coverage for a lower rate from another company. 2. Keep a clean driving record. Your driving record is a major factor that goes into calculating your car insurance premium. Keep your driving record clean by obeying traffic laws and by driving carefully to avoid accidents. Do not drink and drive, since having a DUI on your record will cause your car insurance premium to go up substantially. 3. Pay your bills on time. Most car insurance companies review your credit when determining your car insurance premium. Customers with bad credit can expect to pay as much as 50 percent more for their car insurance than customers with good credit. 4. Consider dropping some coverage on older vehicles. As a rule of thumb, you should consider dropping collision or comprehensive coverage on a car if the current market value of the vehicle is less than 10 times the amount of the premium for collision or comprehensive coverage. You should always review your coverage levels when you renew your car insurance policy to make sure that your coverage levels are appropriate. 5. Raise your deductible. You can reduce your car insurance premium by raising your deductible amount. By raising the deductible, you assume responsibility for a greater portion of any loss. You should be aware that many car loans require that the insurance deductible not exceed a stated maximum amount. Before raising your Category:Home › Other • Pomegranates: A newly discovered superfood • Where did the joke why did the chicken cross the road come from and why is it funny? • Can mothers diagnosed with bipolar disorder make good parents? • Spiritual evolution of human consciousness • Tips for getting a college basketball scholarship • Living with Pseudotumor cerebri (PTC) • Caring for the caregiver • Technologys impact on society