Don't drop your liability coverage, though. Regardless of you car's worth, you don't want to be underinsured in case you cause injury or property damage. Raise your deductibles on comprehensive and collision coverage if you can. A higher deductible translates to lower annual premiums, potentially saving you as much as 20 percent. If you're buying a new or used car, base your choice in part on insurance costs.
Some cars are much less expensive to insure than others based on repair costs and theft rates.
If you're trying to decide between two models, choose the one that costs less to insure. Ask your insurance provider if they offer discounts. By using this site, you agree to our Terms of Service . Your privacy is important to us. For information, please read our Privacy Policy .