I recently retired and not liking driving that much, I decided to apply for the lowest rate of insurance I could find. By qualifying for the low mileage discount (which is the largest one of all), I saved over 50% of my truck's insurance. You can budget your car's mileage, by simply keeping track of it. I keep a log.
On the first of the month, I record my mileage. I know I have to keep it under 235 miles a month to maintain my discount, so I watch it and don't let it get out of range. That means some walking, some bicycle riding, or just saying no to more driving near the end of the month. Pays off in lower premiums and health benefits.
By Lonnie from Chatsworth CA
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When my teenage son took Driver's Ed in high school, we went to our car insurance agent to get my son added to the insurance policy. There I learned that we did not have to pay a dime until my son gets a driver's license.
Make sure you are getting all of the discounts you are entitled to, on your auto insurance. Most companies give discounts for anti-lock brakes, daytime running lights, airbags, etc.
We have found that having a teenage driver was a big drain on our insurance premiums. One thing that has helped a lot, though, is that we have her restricted to driving the oldest car.
Get 3 or 4 quotes from different insurance companies. Write down as much information as possible about each insurer. If the agent or representative is not willing to answer your questions, it's probably not a good company to give your business.
Vehicle insurance is so expensive, especially if you have teenagers! One of the things many people seem to forget is that most companies will give you a discount on your policy if your child gets good grades.
