How to Lower Your Car Insurance Rates

In this day and time with the economy flucuating back and forth and fuel prices doing the same thing, more and more people are looking for different ways to save money. One of the ways that people are turning to in order to save some money is figuring out how they can lower their car insurance rates. Lowering your car insurance rates is not as hard as it seems as long as you are willing to sacrifice a few things in order to lower your car insurance rates and save money at the same time. Insurance companies use different factors when determining what the car insurance rate will be. These factors are called" Car Insurance Groups". Which means that every single vehicle on the road is assigned to a certain car insurance group. Each group is categorized by the following factors:

• Bigger cars and smaller cars
• Complete cost to replace the vehicle after a total.
• energy efficient cars
• Parts cost to repair a damaged vehicle
• Reliability of the vehicle
• Overall security and reliability of the vehicle.

Just by knowing the above information gives you a step ahead in knowledge of what it takes to find a insurance rate that meets the best car insurance category. This is just a few of the items that insurance companies use to categorize cars. Each car insurance category will help a insurance salesman to determine about what the base rate will be for the car insurance rate. Keep reading below to find out what else you can do too lower your car insurance rates

So, now you know that insurance companies do categorize vehicles by different factors. The better car insurance category that your car fits into, the lower your car insurance rate will be. Along with that, here are the things that you can personally do to help lower your car insurance rates.

1- Look at hybrid cars and energy efficient cars.

2- Look for cars that have smaller engines.

3- Consider a smaller two-door car over a four-door car.

4- Look for cars that have extra safety features and an anti-theft device.

5- Check to see which cars have a lower parts replacement cost and overall cost replacement.

6- Compare car insurance quotes with the information that you have with at least 3 different car insurance companies.

7- Keep a safe driving record. Lesser tickets means a lower car insurance rate.

8- Make timely monthly payments and dont let your car insurance policy over-lapse.

9- Keep your yearly car mileage to a minimum if at all possible. Ask each car insurance company what their recommended yearly mileage rate is.

10- Consider buying multiple policies such as : Car and house policies. Multiple policies will always lower car insurance rates.

11- Keep a consistent good credit rating. Believe it or not but this really does help or hurt your car insurance rate.

The top factors are some of the more important factors that insurance companies look at when offering a lower car insurance rate.

Hybrid cars and energy efficient cars have a overall great record with insurance companies. Both types of cars have low repair costs, less fuel consumption and better for the environment. Most insurance companies will categorize the hybrid cars and the energy efficient cars into a lower insurance rate cost category. Plus there are certain car manufacturers that do have a lower repair and replacement cost than the other car manufacturers. over the last few years, Ford and mercury have led the race in lower repair and replacement costs. Most insurance companies will inform you of which individual car make and models cost less to repair and replace. According to information gathered by the "Highway Loss Data Institute" some of the cars that have a less parts replacement and overall car replacement cost as well as a lower car insurance rate are:

• Hybrid cars
• Volkswagen Beetle
• Ford Focus
• Chevrolet HHR
• Honda Accord
• Honda Civic
• Chrysler Sebring
• Chevrolet Corvette
• Subaru Outback
• Ford Taurus
• Mercury Grand Marquis
• Lincoln Towncar
• Dodge Caravan
• Ford F-150
• Ford F-250
• Mercury Mariner
• GMC Canyon

This is just a small list of some of the vehicles listed by the Highway Loss data Institute as Lower repair and replacement cars. The bottom line to getting a lower car insurance rate is to consider a hybrid car or a energy efficient car with a smaller engine, extra safety features and a anti-theft device. Then find out which cars have the lesser repair and replacement cost on top. keep safe driving habits and a consistent good credit score along with the other fore-mentioned steps and you will be able to lower your car insurance rate.