Car Insurance

Safe driving is an important strategy for saving money on insurance, but its major importance is in helping all the drivers in your household to stay in one piece. Safe driving will yield lower rates over time, but for today, you must do what you can to lower your current obligations to auto insurers for your family policy. And there a number of ways you can do just that.First of all, there are multiple vehicle discounts available that can take off a substantial fraction from the overall family premium. Depending on how you arrange your cars and drivers, you could end up saving a nice chunk of money. Some families choose to insure the teens in the cheapest vehicles whether or not those are the ones they drive. This can save you money but it may result in a denial of a claim or cancellation of a policy after an accident if it is determined that the teen driver has been regularly using a car he or she is not listed under. It's not worth it to try this sort of thing. Better to just put your teens in an inexpensive vehicle to begin with, so you don't have to worry about it. This has the extra benefit of you not having much to worry about financially if they do get into an accident, as long as they have solid liability coverage.And that may be one of the biggest tips many of us miss out on as parents of teen drivers. We are so concerned with saving money on our policies at times that we tend to forget what our auto insurance plans are supposed to do for us, which is protect us from much larger potential costs down the road. If you want to save money, make sure all your drivers are well insured with liability insurance at the very least. Do not take the risk of having to pay a large civil liability judgment out of pocket. A cheap policy with skeletal coverage ceases to be a value the instant you have to write that huge check.You can also take a good look at all the coverage you have on each car and driver to make sure all your protection makes sense for your situation. Maybe you have an older car that no longer needs comprehensive and collision coverage. Or perhaps you can raise the deductibles on your own policy to create a little breathing room on the overall premium. There are many ways you can work to hold down the cost of your family plan. It is true you are going to pay more than you did when there were just the two of you to insure. But there is no sense in having a defeatist attitude and just writing that big check every six months without doing everything you can to save money.