For Consumers

How to reduce your auto insurance premiums

Did your insurance company raise your premiums? Here are some tips for saving money.

Why does auto insurance cost so much? 

Insurance premiums go up when the costs involved in repairing or replacing vehicles go up. Inflation trends also affect premiums. As more technology is integrated into vehicles, repairs become more expensive and require more time.  With claims taking longer to process.  Higher costs to resolve claims ultimately get passed on to auto insurance policyholders. 

Insurance companies must send us their rate requests when they want to change their rates. We review the rate request to make sure the financial and statistical data provided are accurate and sufficient to justify the rate change before we decide to approve or deny their request. 

You can always shop around for lower premiums 

If you have existing auto insurance, check with your agent or company to see if they offer special discounts. Discuss how much coverage you need. Premiums for the same coverage vary from company to company. You can even buy insurance online without using an agent if you prefer. 

Make sure the company is licensed to do business in Washington state. 

Find out insurance costs before you buy a car 

Premiums can vary dramatically based on the type of vehicle you own. Before you buy a new or used one, check with your agent or ask the company how much it'll cost to insure it. 

Consider a policy with higher deductibles 

The amount of the deductible you select affects your auto premium. If you keep enough money in savings to cover a higher deductible, you can often save money by raising your collision and comprehensive deductibles. Ask your agent to compare costs between plans with higher deductibles. 

Do you need collision coverage? 

If you have a low-value car that's paid off and you can afford to fix or replace it yourself after an accident, collision coverage may not be worth it. Collision coverage is for damage done to your car if get into an accident. Liability coverage, however, is required in Washington state. 

Avoid duplicate coverage 

Your coverage may overlap in some areas, such as medical and collision. Ask your agent to explain your coverage and ask if you’re duplicating coverage. 

Ask your agent about these common auto insurance discounts 

Auto discounts

  • Airbag and automatic seat belts 
  • Anti-lock brakes and anti-theft devices 
  • Two or more vehicles on a policy 
  • Insure your home with the same company 

Driver discounts 

  • Senior safe-driver discount, especially if you take a safe driving for seniors' course 
  • Mileage driven 
  • Good driving records 
  • Good-student discount for young drivers 
  • Young driver away at college without a car