Low Car Insurance

If you have an old car that's not worth much, a quick way to a low car insurance premium is to drop your collision and comprehensive coverage. The rule of thumb is that if your car is worth no more than ten times what you pay annually for the coverage, then you can eliminate it.

Many car insurance companies will give you discounts for safety items that come on new cars like automatic seat belts or airbags. While some safety equipment isn't practical to put on older cars, simple things like having daytime running lights are easy to add and can make a low car insurance rate even lower.

If you have solid health plan you probably have another way to a low car insurance rate. The coverage that health insurance gives you often duplicates the medical coverage in a car insurance policy. So if that's true for you and your state doesn't require the medical coverage, you can save money by eliminating it. However, since the coverage also pays for medical treatment for your injured passengers, you may want to keep some protection for them.