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Due to weakness in the U.S. economy, car insurance rates are at the lowest they have been in more than 3 years, averaging $1562, according to LowestQuotes.com. Many motorists can reduce their car insurance premiums by shopping around for the lowest car insurance quotes and taking advantage of some of the auto insurance discount programs.

“Common sense would tell you that luxury and sports cars tend to be more expensive to insure than family sedans and minivans,” says Robby Patil, Marketing Manager of LowestQuotes.com Typically, liability coverage is not much affected by choice of car, although sports cars drivers are charged more because they tend to drive more aggressively. The biggest difference in auto insurance cost comes with collision and comprehensive coverage. The larger the auto insurance deductible is, the smaller the premium will be. For instance, going from $200 to $500 deductible, could save 15% to 20% off the typical auto insurance coverage. For those driving older cars, could cancel their comprehensive and collision coverage altogether and save roughly 40% on car insurance quotes.

If you have family health insurance, then drivers could drop medical payments coverage. Dropping rental reimbursement and towing coverage could also add some savings when getting auto insurance quotes.

Insuring more than one vehicle on the same auto insurance policy could get you another 15% discount under multi-policy discount program. Driving fewer miles per year, keeping your vehicle in garage, car-pooling, installing anti-theft devices and attending defensive driver training programs could also help in reducing your car insurance.

About LowestQuotes.com

Since 2003, LowestQuotes.com has been offering free quote comparison service nationwide to find the most competitive car insurance quotes. LowestQuotes.com utilizes a competitive bidding program to identify the cheapest auto insurance quotes for consumers.



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