Get the Best Car Insurance Price

Five ways to save

When you compare the price of car insurance, it's important to explore every option so that you'll get the coverage you need at a price you can afford. Here are five tips for getting the best car insurance price.

1. Shop around

Increase the odds of getting the best car insurance price by looking at more than one company. Rates will vary from one insurer to another, and the lowest-priced insurance may not provide all the coverage you need. Make sure you're comparing apples to apples by getting quotes for the same types of auto insurance coverage from each company.

2. Adjust the policy

If a company quotes their best car insurance price and it's slightly outside your range, you may lower it by making small changes. A higher deductible on your vehicle, for example, may lower your rate. Keep in mind though, that if you were to file a claim, your out-of-pocket expenses could increase.

3. Discount your way to the best car insurance price

Car insurance discounts lower prices significantly. Remaining accident-free or having an anti-theft device on your vehicle could also cut costs. Likewise, if you belong to an organization that partners with the insurance company or if your teen driver gets good grades, you could be eligible for discounts. Ask if your employer offers an affiliate discount.

4. Combine policies

At Nationwide, when you insure more than one vehicle, you may save up to 20 percent on your policy. You may be able to lower your price by combining your auto insurance policy with your homeowners insurance or life insurance.

5. Maintain a good credit rating

Most insurers will figure in the strength of your credit rating when determining the price of your policy. A higher credit score could mean lower rates, so take care to maintain a good rating. See Nationwide's suggestions for boosting your credit score .

Insurance terms, definitions and explanations are intended for informational purposes only and do not in any way replace or modify the definitions and information contained in individual insurance contracts, policies or declaration pages, which control coverage determinations. Such terms may vary by state, and exclusions may apply. Discounts may not be applied to all policy coverages.