Rather than the cost of many common things coming down, it looks that everything is going up especially the likes of gas, food, power and particularly auto insurance which has been steadily growing for a few years. The high price has made many low income family units to opt between paying for food and paying to protect their automobile - with this cost most frequently losing out. However, there is a great deal of money to be saved with the premium charged, if you know what to look for. While nearly all young people believe they can drive better than anyone on the highway, statistics show different and as a consequence the younger the driver, the more they will have to pay for their auto insurance policy - those under twenty five are usually the hardest hit. In the USA, the figures establish this premise to be correct as the amount of accidents or driving violations are considerably higher in this age bracket. So the insurance underwriters who have to pay out on these accidents guarantee that those people who are under 25 will pay more for their protection. If you enjoy driving a fast sports car then you can also expect to pay more for you motorcar insurance than someone who only drives an old estate car. The more costly the vehicle is the higher the premium will be as it will cost more if there is damage or it has to be replaced when totaled. Big savings can be made just by purchasing an older vehicle or one with a better safety record. Your driving history at any age is also taken into consideration by insurance companies and will increase the premium if you have a bad history. Safe drivers are also supplied with less costly car insurance premiums as a reward for their good safety history whereas - drivers with convictions and accidents will pay more. Dependable drivers are likewise less likely to make a claim unlike drivers with convictions or a history of accidents that are more likely (and inclined) too. As everything around us continues to increase it makes sense to save cash wherever viable and this is where car insurance economies can be made. While this article has only struck the surface of premium costs, the areas named here are those that will influence the financial expenditure the most. They say knowledge is power and if you employ this knowledge wisely, savings can be made.