How to save money with auto deductibles

Switching companies can save you big on car insurance, but so can a simple move that takes a few minutes: upping your deductible. Increasing your auto insurance deductible from $500 to $1,000 slashes premiums by an average of about 8.5 percent across the U.S., according to a new survey from, conducted by Quadrant Information Services. And making a bigger change, from $500 to $2,000, can nearly double those savings, to an average of almost 15 percent.

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Laura Adams is a personal finance expert, award-winning author, and consumer advocate. As Senior Insurance Analyst, she represents insuranceQuotes in the media and works to make sure consumers protect their financial futures by having the right kinds of insurance.

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