LowestQuotes.com Helps Consumers Save Money on Auto Insurance Quotes

New York, NY, August 27, 2009 --(PR.com)-- Due to current weakness in the American economy, auto insurance rates are at the lowest they have been in more than 2 1/2 years, averaging $1569, according to LowestQuotes.com. Many motorists can reduce their auto insurance premiums by shopping around for the lowest auto insurance quotes and taking advantage of discount auto insurance programs.

"Common sense would tell you that luxury and sports cars tend to be a lot more expensive to insure than family cars and minivans" says Robby Patil, Marketing Manager of LowestQuotes.com. Usually, liability coverage is not really affected by the choice of your car, although sports cars drivers are charged more because they have the tendency to drive more aggressively. The biggest difference in car insurance cost comes with collision and comprehensive coverage options. The larger the auto insurance deductible is, the smaller the premium will be. For instance, going from $200 to $500 deductible, could easily save 15% to 20% off the typical auto insurance premium. For those driving older cars, consumers could cancel their comprehensive and collision coverage altogether and save roughly 40% on auto insurance quotes.

If you have family health insurance coverage, then drivers could drop medical payments coverage option. Dropping rental reimbursement and towing coverage could also add little bit of savings when getting auto insurance quotes.

Insuring more than one vehicle on the same auto insurance policy could get you another 15% discount under multi-policy discount program. Driving fewer miles per year, keeping your vehicle in garage, car-pooling, installing anti-theft devices and attending defensive driver training programs could also help in reducing your car insurance.

About LowestQuotes.com

Since 2003, LowestQuotes.com has been offering free auto insurance quote comparison service nationwide to find the most competitive auto insurance quotes. LowestQuotes.com utilizes a competitive bidding program to identify the cheapest auto insurance quotes for consumers.

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