Tips to Get Cheaper InsuranceOur RecommendationFind the appropriate coverage levelWhile you don't want to overpay, you should have enough coverage to meet legal requirements and cover your risks appropriately based on your financial situation. A good rule of thumb is to get liability limits similar to your net worth.Understand the rulesState law determines the minimum amount of coverage a driver is required to carry. By taking these rules into account with your needs in mind, you can better decide the appropriate amount of coverage for you.Shop aroundOne basic technique to find the cheapest car insurance is to compare coverage and rates from companies. You can also compare quotes every time your policy is up for renewal to ensure you’re getting a good rate.Consider local providersLocal agents and smaller providers can sometimes offer lower rates, as large insurers may not always be your cheapest options.Look for discountsMost insurers offer discounts. Search for the company that gives the best discounts for you, and ask your existing provider about discounts that may be available. Common discounts include multi-vehicle, multi-policy, military, senior, new driver, homeowners, customer loyalty, good student and good driver discounts.Bundle your coverageYou can get a discount from most providers by bundling two or more insurance policies. An example of bundling your insurance would be adding a homeowners or renters policy to your auto coverage. You can also insure multiple vehicles on the same policy. One way of doing this is combining auto policies with your roommates or family members.Try usage-based programsYou could save money on insurance if you drive less than average since you’re less likely to get into an accident. Usage-based programs track your mileage and/or your safe driving habits through an app, plug-in device or Bluetooth beacon.Pay your premium annuallyMost providers offer annual, biannual or monthly payment options. Providers often give slight discounts for paying in full annually or biannually.Increase your deductibleBecause your rates are tied to your deductible amount, choosing a higher deductible is usually a good way to lower your premium. But raising your deductible means you'll have more out-of-pocket costs if you have to file a claim, so make sure you can assume the financial risk.Decrease your limitsLowering your coverage limits will increase your risk but decrease your premium. Review your financial situation to see if it makes sense to risk higher out-of-pocket costs to reduce your rates.Improve your driver profileYou can improve your driver profile by taking a driver safety course. Because good drivers are less likely to file claims, insurance companies reward safe drivers with clean records by offering them lower rates.Improve your credit scoreSince most states allow credit-based insurance scoring, you can lower your rates over time if you improve your credit score.Drive a vehicle that costs less to insureSome models are more expensive to insure than others, so when shopping for a car, take into account how much it will cost to insure vehicles you’re interested in. Also, if your vehicle has safety features like automatic braking or anti-theft technology, you may qualify for a safe car discount.Review your coverage regularlyWhen it's time to renew, review your policy to find areas where you can adjust your coverage to better fit your needs.Get a quote after improving your driving recordShop around for new quotes between three and five years after a ticket or accident, as previous infractions may no longer be on your driving record.Capitalize on major life changesYou may find cheaper car insurance rates if you get married, send a student off to college, buy a home or have another major life change.Know when to reduce coverageBecause comprehensive and collision coverage only pay up to your vehicle's current value minus the deductible, you may not need these forms of coverage if you drive an older car that’s worth a few thousand dollars or less. That said, do your research before making this decision so you aren't reducing coverage without good reason.