How to Get Cheap Car Insurance

Proven strategies to lower your premium without sacrificing the coverage you need.

Updated Feb 2026
9 min read
Expert reviewed
Quick Summary

What you'll learn: How to find the cheapest car insurance, what discounts to ask for, how to adjust coverage to reduce costs, and mistakes that raise premiums unnecessarily.

Key fact: đź’° $461/year Average savings for drivers who compare quotes (Consumer Reports, 2024)

Bottom line: The single most effective way to get cheap car insurance is to compare quotes from multiple carriers. Then layer on discounts, deductible adjustments, and smart coverage choices.

See how much you could save by comparing quotes.

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1. Compare Quotes From Multiple Carriers

This is the #1 most effective way to get cheap car insurance. Premiums vary dramatically by carrier—even for the exact same driver and vehicle.

Why it works: Each insurance company uses its own underwriting model. One might rate you as high-risk while another sees you as low-risk. The same coverage can vary by hundreds of dollars per year.

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Data point: Consumer Reports found that drivers who compared quotes saved a median of $461/year. Some saved over $1,000.

How to do it: Get quotes from at least 3–5 carriers. Use a comparison tool to see multiple rates at once without repeating your information.

For more, see our guide on how to compare car insurance quotes.

2. Raise Your Deductible

Your deductible is what you pay out of pocket before insurance covers a claim. Higher deductibles mean lower premiums.

Typical savings:

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Important: Only raise your deductible to an amount you could comfortably pay tomorrow if you had a claim. Don't set it higher than your emergency savings.

For more on deductibles, see our guide on car insurance deductibles.

3. Bundle Policies

Most insurance companies offer multi-policy discounts when you combine auto + home, auto + renters, or multiple types of coverage.

Typical savings: 15–25% on your auto premium.

How it works: Contact your home or renters insurance provider and ask for a bundled quote. Compare the total cost to what you're paying now.

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Pro tip: Sometimes bundling with one carrier isn't cheaper than separating policies with different carriers. Always compare both options.

4. Ask About Discounts

Insurance companies offer dozens of discounts—but they don't always apply them automatically. You need to ask.

Common discounts:

Stacking multiple discounts can reduce your premium by 20–40% or more.

For more, see our guide on car insurance discounts.

5. Improve Your Credit Score

In most states, insurance companies use credit-based insurance scores to calculate premiums. Better credit = lower rates.

Impact: Drivers with poor credit can pay 70–100% more than those with excellent credit.

How to improve your credit:

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Note: California, Hawaii, Massachusetts, and Michigan prohibit or restrict the use of credit in insurance pricing.

6. Drive Less (Low-Mileage Discounts)

Many carriers offer low-mileage discounts if you drive fewer than 7,500–10,000 miles per year.

Typical savings: 5–15%.

How to qualify: Tell your insurer your estimated annual mileage. Some carriers use telematics devices or apps to verify.

If you work from home, use public transit, or carpool, you may qualify.

7. Drop Unnecessary Coverage

If your car is old and low-value, comprehensive and collision coverage may cost more than the vehicle is worth.

Rule of thumb: Consider dropping full coverage if your car's value is less than 10Ă— your annual collision/comprehensive premium.

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Example: If your car is worth $2,000 and full coverage costs $500/year, switching to liability-only could save you $500 annually.

Before dropping coverage, make sure you have savings to replace the car if it's totaled.

For more, see our guide on full coverage vs liability.

8. Choose a Cheaper Car to Insure

Your vehicle is one of the biggest factors in your premium. Safe, reliable sedans and crossovers cost significantly less to insure than sports cars, luxury vehicles, or high-theft models.

Before buying a car: Get insurance quotes for the specific make/model you're considering. Factor the annual premium into your total cost of ownership.

For recommendations, see our guides on cheapest cars to insure and most expensive cars to insure.

9. Maintain a Clean Driving Record

Accidents and violations increase premiums significantly:

How to avoid tickets and accidents:

Most violations stay on your record for 3–5 years. After they drop off, your rates should decrease.

10. Pay Your Premium in Full

Many insurers charge installment fees ($3–$10/month) if you pay monthly instead of upfront.

Savings: $20–$100+/year by paying in full at the start of your policy term (6 or 12 months).

Some carriers also offer a paid-in-full discount of 5–10%.

For more, see our guide on is car insurance cheaper if you pay in full.

11. Use Telematics or Usage-Based Programs

Telematics programs track your driving behavior (speed, braking, mileage, time of day) via a mobile app or plug-in device.

Examples: Progressive Snapshot, State Farm Drive Safe & Save, Allstate Drivewise, GEICO DriveEasy.

Potential savings: 10–30% for safe drivers.

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Important: If you drive aggressively, brake hard frequently, or drive late at night, telematics could increase your rate.

12. Shop Around Annually

Your premium can increase at renewal—even if nothing about your situation changed. Carriers adjust pricing models regularly.

Best practice: Compare quotes every year at renewal time. Switching carriers when a better rate is available is common and smart.

Loyalty doesn't pay in car insurance—carriers often raise rates on existing customers while offering lower rates to new ones.

Mistakes That Raise Premiums

Avoid these common mistakes that unnecessarily increase costs:

Frequently Asked Questions

What is the cheapest way to get car insurance?

Compare quotes from multiple carriers. Drivers who shop around save $461/year on average. Combine this with raising your deductible, bundling policies, and asking about discounts.

Can I get car insurance for $50 a month?

Possibly, if you qualify for minimum liability-only coverage, have a clean driving record, good credit, and live in a low-cost state. Full coverage rarely drops below $100/month.

What discounts can lower car insurance?

Safe driver, bundling, low mileage, good student, defensive driving, multi-car, paid-in-full, anti-theft devices, and more. Stacking discounts can save 20–40%.

Does improving my credit lower car insurance?

Yes, in most states. Better credit can reduce premiums 20–50%. Focus on paying bills on time, reducing debt, and correcting credit report errors.

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⚠️ Rate Variability Disclaimer: Car insurance rates vary significantly based on your state, ZIP code, driving record, credit history, vehicle, coverage selections, and other individual factors. The averages and potential savings cited in this article are based on industry data and may not reflect your personal experience. Your actual quotes may be higher or lower. Coverwise helps you compare personalized quotes from multiple carriers — your results depend on your unique profile.