In today’s economy, everyone is looking for ways to cut costs and save money. Vehicle insurance prices continue to rise, putting more stress on drivers. There are ways to lower your vehicle insurance costs. You may need to consider changing insurance companies or reducing your coverage, but there are options.

One way to lower your vehicle insurance premiums is to make sure you maintain a good driving record. Not being fined or involved in accidents will usually give you a good discount per driver, lowering your premiums. Another option is to combine insurance policies. If you own your home, have a boat or a motorcycle or other such things, the sum of all can get you lower rates across the board.

If your vehicle is unfunded and has comprehensive and collision coverage, consider eliminating that coverage or increasing the deductible. If you are at high risk of being involved in an accident or other type of collision, you may not want to cancel coverage entirely. Increasing the amount of the deductible that you will be required to pay in the event of an incident will provide you with somewhat lower rates generally in that situation.

If you’re not interested in reducing your coverage, increasing your deductible, or bundling policies, there are still ways to save money on your vehicle insurance. One way to ensure you get the best rates is to get quotes from several different agents. Be sure to compare policies as well to make sure the coverage is the same so that you don’t accidentally lower your coverage while lowering your premium.

If you find that your agent’s quote is higher than others, but you don’t want to change agents, try bartering with your agent. Let them know that you have received a lower quote for the same coverage. Sometimes they have the ability to create a lower rate, generally by reducing their own commission on the policy. Also, make sure you receive all the discounts you qualify for on your current policy. Another option along the same lines is to look for an insurance broker. Insurance brokers work with many different underwriting companies and compare all of their rates before offering you a quote. They will sort the differences in policies for you and find the one that best meets your needs based on the information you have provided.

Also consider the type of vehicle you are driving. If you are seriously trying to cut your costs, you may need to consider a different vehicle in the future. Sports cars and trucks tend to have higher insurance rates than smaller, more efficient passenger cars due to the fact that they are more expensive to repair in the event of an accident. If you are not interested in a different vehicle, you will simply have to consider reducing your coverage or changing agents. If you’ve managed to keep your driving record free of fines and accidents, you should be able to negotiate a slightly lower rate.