1.     Deductibles: Opting for the largest reasonable deductible is the obvious first step in reducing premiums. Increasing the collision deductible to $500 from $200 could reduce the collision premium by 15% to 20%. Raising the deductible to $1000 from $200 could reduce the premium about 40%. Savings may vary from company to company.

2.     Collision and Comprehensive coverage: Consumers may want to avoid collision and/or comprehensive coverage on older cars, (valued at less than $2000), since these optional coverages might not be cost effective.

3.     Multicar Policies: Consumers with more than one car per household can save a bout 15% to 20% by insuring all vehicles on a single policy with the same company if all cars are titled to the same person.

4.     Passive Restraints: Most companies offer discounts of 10% to 30% for automatic seat belts and/or air bags. Savings apply to the medical portions of the policy.

5.     Good Driver: Many companies offer discounts to drivers with accident and/ or violations-free records.

6.     Car Pooling: Commuters sharing driving responsibilities to and from work may qualify for discounts from 10% to 20%.

7.     Insuring Younger Drivers: Teenagers who are infrequent drivers of the family car will find it less expensive to be on their parents' policy rather than a separate policy If young drivers are temporarily away at school (at least 100 mites from home) they may qualify for an additional discount.

8.     Package Deals: A 5% to 15% discount is offered by some companies, if the consumers insure their home and auto with the same company.

9.     Medical Coverage: Consumers with substantial health insurance may decide not to take medical coverage.

10. Anti-Theft Devices: Discounts of 5% to 15% a re offered by some insurance companies for cars equipped with a hood lock and alarm or a disabling device that prevents the car from being started. Savings apply to comprehensive coverage.

11. Desirable Cars: When looking for a new car or used car, consumers should keep in mind that premiums are usually much higher for autos that are more expensive to repair, that offer passengers less protection from injuries, or that are the favorite target of thieves. Sports cars and luxury care are also more expensive to insure.

12. Miscellaneous: Some insurance companies give discounts for various other considerations-example single female living alone 10% credit.

Today’s rising car Insurance premiums make it more important than ever for the consumer to cash in on every cost saving available.