Another way to lower car insurance premiums:

- Make sure you’re not paying too much on the “first party benefits” section. Our first 6 months of insurance, I had way too much coverage. Our health insurance will pick up the tab where our car insurance leaves off, so I dropped the first party benefits to the minimum and saved about $30 off the policy. It’s a good idea to check your own insurance companies to make sure this’ll work for you, of course.

- Pay your policy in full. I bank about $61 per month in a high-interest savings account, and when the 6-month premium is due, I pay it in full. I save money by avoiding installment fees, and my money grows interest in that time.