Geico Auto Insurance: Is It Really the Cheapest?

Geico Auto Insurance: Is It Really the Cheapest?
by Alexis Jensen

I love the Geico gecko. The animation is really quite amazing and the voice is absolutely perfect. But is that enough of a reason to buy their auto insurance? It shouldn't be - not if cost is one of your primary concerns. There's a better way for you to save a bundle on your car coverage without buying it from an animated reptile.

In fact, there are several simple things you can do that will reduce the price of your monthly premium by as much as 40% over what you are currently paying. Let's start with a few simple ones first and then I'll tell you what you can do to cut the cost of your coverage a whopping 30% or more in one fell swoop.

First, understand that it costs a lot of money for your company to print and mail you a bill every month. It may not seem like it, but it costs your company several dollars to send you that monthly statement. If you pay your premium automatically every month, directly from your checking or savings account, you save your company the expense of mailing you a bill they'll gladly pass most of that savings along to you.

Parking your car on a street or even in your driveway at night exposes it to the possibility of theft, break-in and vandalism. You can save money each and every month if you simply park in a garage at night.

Women pay less for their car coverage than men do. If you are married you can take advantage of this fact by simply listing the wife as the primary driver on each vehicle and the husband as the secondary driver.

You pay a fortune for every rush hour mile that you drive back and forth to work every month. Cut those miles in half and you'll save a small fortune on your monthly insurance premium. How can you do that? Simple. Join a carpool at work. Joining a carpool with just one other driver cuts your rush hour commute in half every month - not to mention the good you'll be doing for the environment.

Increasing your deductible always lowers your premium. Just be certain that you don't agree to pay a higher deductible than you can really afford.

The biggest way to save money on your car insurance - by far! - is to simply buy your policy online. Simply buying your policy online will save you as much as 30% instantly. Just be sure that you are buying from an online source that offers you a true choice of companies and prices.