Insurance is a necessary evil in today’s world. You need it to protect your home, car, and health. But, as the cost of car insurance increases, you may be looking for ways to cut costs on those premiums that keep going up.

Here are some tips on how to save money on car insurance: 

  • Compare quotes: Get at least three quotes from different companies before deciding which one you want to go with, as this will insure that you get the best rate like from Miway.
  • Raise your deductible: If you raise your deductible by $500 or more, many insurers will lower rates significantly (as long as they know they won’t have any claims paid out).
  • Drive safely: The more tickets and accidents you’ve had in the past few years, the higher your rates will be.
  • Add a young driver: Adding a young, inexperienced driver to your policy can increase your premiums, but it may be worth it depending on the driver’s age and how much you are paying for insurance now.
  • Take advantage of discounts: Many companies offer discounts for good grades, being a member of certain organizations, or having multiple policies.
  • Bundle your policies: Buying a car, homeowners, and health insurance from the same company can often get you a discount.
  • Shop around every year: Rates change all the time, so even if you have been with the same company for years, it’s always worth getting quotes to see if there is a better deal out there.
  • Make use of technology: There are now apps that allow you to compare insurance rates and even buy new policies without ever leaving your house.
  • Ask about any discounts before buying a car: Some cars are cheaper than others to insure, so it’s worth finding out which ones will save you money on premiums.
  • Try different payment options: If paying in full saves more money, then do that, but if monthly payments are less expensive, consider using them instead of paying everything upfront.
  • Use an online service or agent with multiple companies: Using online services allows for one application for several insurers at once, reducing the time spent searching around looking at individual carriers’ websites individually (and can often result in lower prices).


Now that you know a few tips for saving money on car insurance, it’s time to get started. First, review your policy and see where you can make changes to save money. And be sure to shop around for the best rates – you may be surprised at how much you can save by switching insurers.

Follow these tips, and you’ll be on your way to enjoying lower rates on your car insurance policy. Just remember that the more discounts you qualify for, the more money you can save! So be sure to ask about all available discounts when shopping for coverage.

Saving money on car insurance doesn’t have to be difficult. By following these simple tips, you can enjoy significant savings without compromising on the quality of your coverage. So start saving today, and you’ll be glad you did!

Thank you for reading our blog post about car insurance. We hope you found it helpful!