Tip 14: Student Discounts

If you have a high school or college student under 25-years old in your household, ask about the good student discount for auto insurance. If your student qualifies, you could save 25%.   

Potential Money Savings:  $125/yr.

Tip 13: Check Fluid Levels Regularly

Check fluid levels regularly. Check coolant, automatic transmission fluid, brake and clutch fluids.

Potential Money Savings: $50-300/yr.

Tip 12: Ask Your Insurance Agent Before Buying a New Car

Before buying a new car, ask your insurance agent whether the model you are considering will require a surcharge due to higher theft, damage or repair costs.   

Potential Money Savings:  $50-200/yr.

Tip 11: Carpooling Benefit

A benefit to car pooling is that it reduces the annual mileage on your car. Since this reduces the risk of accident, your insurance company charges you less for your coverage. 

Potential Money Savings: $25-50/yr.

Tip 10: Check Your Tire Pressure

Check your tire pressure regularly. You can lose up to 6% in gasoline mileage for every pound of under-inflation. 

Potential Money Savings: $140-400/yr.

Tip 9: Qualifying for Insurance Discounts

Make sure you notify your insurance company of all the safety features that qualify you for discounts on auto or homeowner's insurance, such as automatic seat belts or air bags in your car, smoke detectors in your home, etc. Non-smokers or non-drinkers can often get additional discounts. 

Potential Money Savings:  $50-100/yr.