Trimming car insurance could save you money

FOX 5 I-Team investigates

Trimming car insurance could save you money

Posted: Updated:
ATLANTA -

Are you looking for ways to save money? Why not take a close look at your car insurance? Car insurance is one of those things we buy, but then forget about it.  But you don't have to get stuck with the same old premium. So here are some ways to cut back on that premium!

First, ask yourself, "How old is your car?"  What is it worth?  If it's over 10 years old and not worth much, then you may want to consider dropping the more expensive collision and comprehensive insurance.

If you have a little money in the bank, you could consider raising your deductible.

Many people save money by bundling policies. Wrapping in car and home insurance could get you a discount.

Are you paying the right rate? Here are some points to consider. Maybe you've shortened your commute, you've moved, you now have a garage. Did your teen take driver education classes? Does you teen qualify for a good student rate? These little things can add up to big discounts.
 
Do you have points for bad driving? Did you know that you can take defensive driving courses that can lower that number and maybe lower your rate?

And finally, have you shopped around for a better deal lately? You might be surprised what's out there.

Here's a checklist: Trim Car Insurance

1. Reduce Coverage
2. Raise Deductible
3. Bundle Policies
4. Lower Rate
5. Driving Courses
6. Shop Around

  • I-Team Story ArchiveMore>>

  • Get Financially Fit: A Step-By-Step Plan

    Get Financially Fit: A Step-By-Step Plan

    Monday, April 14 2014 9:15 AM EDT2014-04-14 13:15:13 GMT
    April is Financial Literacy Month, so it's time to think about getting financially fit.  Let's start with two questions. Do you know how much you spend each month?  How much of your check should you save?
    April is Financial Literacy Month, so it's time to think about getting financially fit.  Let's start with two questions:  Do you know how much you spend each month?  How much of your check should you save?
  • FOX 5 I-Team

    DON'T MISS: Tax Deductions and Credits

    DON'T MISS: Tax Deductions and Credits

    Friday, April 11 2014 8:48 AM EDT2014-04-11 12:48:55 GMT
    Let's finish up our tax time filing tips that we've offered this season with a quick look at deductions and credits too many folks forget.
    Let's finish up our tax time filing tips that we've offered this season with a quick look at deductions and credits too many folks forget.
  • FOX 5 I-Team

    IRS: Two Scam Warnings

    IRS: Two Scam Warnings

    Monday, April 7 2014 10:44 AM EDT2014-04-07 14:44:51 GMT
    We have two warnings coming from the IRS.  The first one is what investigators call the "largest ever" phone fraud scam targeting taxpayers.
    We have two warnings coming from the IRS.  The first one is what investigators call the "largest ever" phone fraud scam targeting taxpayers.
  • Contact the FOX 5 I-Team

    * denotes required fields

    We're sorry, but only one entry is allowed per person.
    Thank you for your continued interest.

    Thanks for contacting FOX 5.  To reach our newsroom by phone, please call (404) 898-0100.

Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices