Tip 20: Shop Around for Insurance

Shop around for insurance. If you're getting good service from your company and are happy with the rates, you may want to stay with them, especially if you have had accidents or tickets. But if your record is good, shop around to see how much you can save, then decide if the savings are worth the switch. 

Potential Money Savings:  $50-200/yr.

Tip 18: Combine Insurance

Consider combining your auto and homeowner's insurance under one policy. Many insurers give a discount for multiple policies. 

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.