When you own a vehicle you must insure it. It can sometimes be difficult to determine the kind of and amount of insurance you should get as part of your policy for your vehicle. With so many plans and policies available, it can be a bit intimidating trying to narrow it down to just one option. Choosing a policy doesnt have to be scary, though. These tips will help you to learn the ins and outs of auto insurance. It is a common belief that insurance premiums drop as soon as a young driver hits the magic age of 25. The truth is they slowly drop after the age of 18. Be sure you to research your potential insurance rate when you are shopping for a car. Your insurance agent can tell you what vehicles have the best premiums. Knowing the amount of insurance you will need to pay ahead of time can help in your choice of a new or used car. If you purchase a car with a high safety rating, insurance will be quite a bit cheaper. Property damage liability is a very important thing to include in your auto insurance policy. The "liability for property" line on your policy covers damage where you are held responsible in an accident. Most states actually require you to maintain property liability insurance. If you are involved in an accident, property damage liability can save you a great deal of money. Take the bus or carpool. Insurance companies like when their policy holders show responsibility, keeping your mileage low is something they really appreciate. Try to use public transport more often, and you may be eligible for a discount. Insurance policy coverage is strictly for the driver for whom the policy is written. There are many times when an accident happened with a friend who had borrowed somebodys car; the insurance refused to pay. If you want a policy that covers additional drivers, be prepared to pay more. Make sure you understand the different types of coverage available and that your insurance provides adequate coverage for your situation. Liability only covers the damage you do to someone else and their property whereas collision and collateral cover your property as well. Its also important that you have coverage in the case of an accident involving an uninsured driver, or from damage cause by things like fires. Many people do not realize that their insurance may not cover other drivers who are uninsured that cause an accident. The cost of the premium could increase by adding this coverage to your policy. It will also give you more protection if you are hit by an uninsured driver. Do not make a rash decision and drop your insurance coverage before you are positive you have a policy with the other company. Not having auto insurance is a risky game of chance. Accidents can happen at the most unexpected moments, and you want to make sure you are covered no matter what. Driver who put fewer than 7500 miles on their car per year often receive generous discounts. If you are aiming to save some cash on your auto insurance, cutting back on the number of miles you drive could be a good idea. Many people do not realize that their insurance may not cover other drivers who are uninsured that cause an accident. This requires careful consideration since it does increase the price of your insurance, but can save lots of money in the long run. It also protects you in the horrible situation of an uninsured driver hitting your car. Be sure that only the people who actually drive your vehicle are included on your insurance policy. Although other drivers may increase your coverage, it also increases policy costs. In case you have an accident in which you need to file an insurance claim, remember that insurance companies love classic car insurance age classic car insurance under 21 documentation. Have a digital camera handy to take pictures in case your get into a car accident. It can also be advantageous to keep a camera in your vehicle to be prepared for worse case scenario. As you have read, there are numerous ways to change the price you pay on your auto insurance. Things like your location, your mileage and your own driving record are these types of things that you have control over. By understanding how these factors can increase or decrease your driving risk in the eyes of your insurance company, you may be able to reduce your rates.