How easy is it to get really cheap auto insurance? The answer is “It depends on what you know.” There are many things that you can do to start getting very low rates. Attempting to share up to 40 tips in one article might make it a little intimidating for you, the reader. Therefore, I’ll only discuss 4 steps in this article. But do note that you’ll only benefit from them if you take the time to apply them…

1. An excellent credit rating will show favorably on your auto insurance rate. Those who have bad credit pay higher premiums for every form of insurance and that is also true for auto insurance. The truth is that they believe that the likelihood of you missing payments of your premiums is very high. This assumption of increased risk makes such persons attract very high rates in auto insurance and other insurance policies.

2. Staying loyal to one insurer for any considerable length of time will almost always result in savings. You’ll get discounts of about five percent on your auto insurance if you remain with the same insurer for up to three years. The more the years you’ve been loyal to an insurer the more discounts you will get.

But although this is a decent way to save, you may realize more savings if you ignore this discount and get another insurer..

Supposing your auto insurance premium with your present insurer is $2,500 you will get a discount of about 5% or $125 if you stay from3 years and above.

But while you’re at it, an insurer somewhere could be ready to give you a rate of $2,000 or less at the moment. In such a case, it will be pointless to stay put because you are after a discount years later when you can get cheaper rates immediately.

3. You can get substantial discounts if you buy your auto insurance policy from the same insurer that maintains your other insurance policies. Every insurance company will usually give a discount if you buy more than one policy from them.

Nevertheless, it may not benefit you more to do this as you might be better off if you buy each of your policies from different insurers.

4. Visit a minimum of three of such sites for the best results. It’s free, quick and easy. You can get quotes that will have a difference in excess of $2,000. You could quickly save that much by simply going with the lowest auto insurance quote. And, you know that since the likelihood of getting lower auto insurance quotes is related to the number of quotes you receive, the more companies you receive quotes from, the higher your chances.