Deductibles are what you pay and not your auto insurance company. If their is an accident or damages to your car your auto insurance company wants the deductibles payed. This means that before your auto insurance policy kicks in you have to pay the first part of it. By asking for slightly higher deductibles, you will lower your auto insurance costs substantially. For example, slightly increasing your deductible from $200 to $500 will reduce your collision and comprehensive coverage cost by 15 to 30 percent. Picking a $1,000 deductible will save you 45 percent or more right away. Before asking for a higher deductible, make sure you have enough money set aside to pay it if you have a claim. tell you auto insurance agent what your plans are.

Reduce Coverage on Older Cars
Think about dropping collision and-or comprehensive coverages on older cars.Your auto insurance company can tell you the value of your car. The best way is checking out an auto insurance website and see if they have a value calculator for your car. Auto insurance – auto dealers and banks can tell you the worth of your car. If your car is worth less than 10 times the premium, purchasing the coverage may not be cost effective. ask your auto insurance agent first before going ahead with this.

p.s Use the Auto Insurance websites to compare quotes and get a value of what your car is worth this will save you 100′s$.