There are many ways and means of obtaining a lower car insurance premium. For one, the vehicle you drive could be a deciding factor about what sort of premium you will be paying. Everyone knows that a vehicle with expensive parts to replace will cost a lot more to insure. Almost all cars have insurance ratings that are widely known by car insurance companies. These are ratings which specify how likely a certain vehicle model is to be stolen, and how many incidences have been reported of that particular kind of vehicle being stolen. This is why one of the first things you can do to lower your premium is to install a security system and tracking device on your vehicle. If the insurance company knows that the car is protected against theft, and has a tracking device, they know that they are less likely to have to pay out for a stolen vehicle.

Another clever way to lower your premium is to drive less. Firstly, the less mileage you put on the road, the less chance there is of being involved in an accident. There are also insurance companies which offer auto insurance on a pay as you drive basis. This means that if you don't drive a lot every month, you could be set to pay a lot less than some other people. It is always worthwhile to obtain a quote to see whether this would be a viable option for you or not.

Combining your car, home and valuables insurance under one company can also help you save a lot on your premium. A lot of insurance houses will offer a discount to clients who keep all their policies with them. Even if you have had the same life, health and home policies all your life it may be a good idea to do your research on the viability of putting your policies under one company.

Keep your credit and driving report clean. If your first accident is your own fault, you will find that you have to start paying a much higher premium. No one anticipates having a collision, but driving as cautiously as possible can protect you in the future! This means adhering strictly to the rules of the road and never driving under the influence of alcohol. With regards to your credit record – some companies will take this into account when determining your premium. If you have a bad credit report, you may be seen as being unreliable with payment. This could put you into a higher risk category and stick you with a higher premium. Try and find ways of clearing up your credit report before applying for car insurance. Seeking the help of a debt counseling company could assist you in clearing your name.

Remember to have your car valued by a legible and reputable company. The price of your premium is largely dependant on the value of your car. Also, when compiling your insurance quotes, ensure that you have all the information you will need on hand. Do not be discouraged by the process of acquiring quotes, as there are websites that will provide you multiple quotes simultaneously by simply filling in one form! It is good to obtain a few quotes before making a decision, as the cover and policies can differ greatly from one company to the other.