Car insurance is an expense that no driver can afford to live without. If you drive uninsured, you are driving illegally. You can, however, save money on your car insurance if you shop carefully.

Tip 1 – Up the Deductible and the Maximum Coverage

You can save money on your car insurance by increasing your deductible or lowering your maximum coverage. Increasing your deductible makes sense, because in a crunch most people can come up with $500. Lowering your maximum coverage is dangerous, however. If you are in a car accident and someone sues you for $500,000 and your liability coverage is only $50,000, will you be able to come up with the extra $450,000? Probably not. Keep your deductible high but the maximum coverage high as well.

For those looking for an affordable way to enter the world of recreational vehicles, buying a used diesel motorhome can be a financially smart decision. First year depreciation is high on motorhomes just as it is in cars. Therefore buying a used diesel motorhome can save buyers up front without sacrificing much in the way of quality.