Policies of Consolidate Insurance - On your premiums you can save in between 10-15% by insuring two or more cars with the same company of insurance. If you also have the home covered through the similar insurance company, then you can get your premium lowered by another 10-15%.
Raising your Deductible - If you can afford for carrying the highest deductible is one rule of thumb. You can save to almost 25 % by raising your deductible from $100 to $1,000. Although do not forget that you lender will not agree to raised deductible.
Installing Safety and Anti-theft Devices - If you in your vehicle you get installed a vehicle recovery system like Tele-tracer or Lo-Jack, then every year you can save up to 7-10%. There are many other inexpensive devices of anti-theft like "The Club" that will block the steering wheel at a place, the other thing is to have on each window fixation of Vehicle Identification Number (VIN).
To have safety devices like traction control, anti-lock braking system (ABS) and air-bags also helps you and are thought positively by the insurance companies and hence it gets reflected in your premiums.
Safety Courses and Clean Driving record -
If you had auto accidents and traffic tickets it will raise your premiums. There are many insurance companies that provide discounts if you have clean records of driving. Few insurance companies also provide discounts if you have attended a program of Driver Training School and your employer needs to pay the price if he is using the company car for your job. You get a discount in between 7-10% if you have attended training school.
Lower coverage on Old Vehicles -
You will be better off lowering the collision coverage; in case you have an old vehicle ranges from $1,000-$2,000. Just check if your value of car is less than the collision premium.
Early Retiree or Non-Smoker Discounts -
There are companies that offer discounts to the Early Retiree and Non-Smokers.
Vehicles Parked In Garage -
It is believed and studied that majority of the thefts do not include a garaged car and this reflects in premium discounts. In case you have home with no garage, then try to park your car in the storage and tell it about it to the insurance company and they can provide you a partial premium reduction.
Drive a Conservative Car -
You can pay premium surcharge of 10-20% as there are insurance companies that find few cars expensive to repair and that gets easily damaged and few cars as a target of thieves. An Auto Safety Hotline is established by the National Highway Traffic Safety Administration at 1-800-424-9393 for reporting the safety defects to receive information on trucks, traffic or highway safety, cars and child seats.
Carpool With a Co-Worker -
Carpooling with a co-worker can help you in getting discounts for the use of low- mileage.
College and Teenage Bound Drivers -
You should permit your teenager drive your own car rather than buying them a car as this will reduce the price to cover them. Students that stay away from home can get their premium lowered by 30-50%.
Conclusion -
Once you add up all the discounts in your premiums you can achieve a 70-90% reduction.