Is there any loop holes in lowering your insurance if your under 25?

My insurance will be like 500 a month and im trying to figure out ways to make it go down! any suggestions?

Is there any loop holes in lowering your insurance if your under 25?
You can do a couple things. 1. pay off the car, delete the collision coverage, or raise the deductible really, really high. You can't do that while there's a loan on the car. That collision, for an under 25 driver, is likely the most expensive part. 2. get a renters policy with the same company. It will likely cost you about $150 a year, and save you 10% to 20% - WAY more than it costs you. 3. shop around to another insurance company. There's no short cut, and the cheapest company for you, might change every year.
Reply:Hi,





Why do you want a short-cut route?There's no loop-holes.If you're talking about Indian insurers,there is no provision of discount in premium for under 25 category.Discount is given to claim-free years,family coverage,good risks etc.You've not mentioned of what type of policy you're talking about.So,please be specific.
Reply:Not many but you can try:


1. Shop around. There are carriers that cost less.


2. If possible, stick with parents policy.


3. When picking out a car, use logic: don't buy a sports car; or don't buy a car where the collision coverage is too high. This is where some folks get into trouble. They pick out a car that when damage occurs(your fault), it takes an arm and a leg to repair.
Reply:I don't know where you are, but if you are in the UK you could


take pass plus lessons. Some insurers allow a 30% discount if you do this.



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