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Auto insurance, life insurance, health insurance, liability insurance - whatever type of insurance you need, you can buy it for less. Try the following:
Try raising your deductible to lower your premiums. You don't need a $100 deductible if a $1000 deductible won't break you. Sure it will hurt to pay the first thousand when you have a claim, but what if you've meanwhile saved several thousand dollars over the years? Generally, you should have deductibles as high as you can comfortably afford, but get a free quotes on insurance policies at various deductibles, to be sure you are saving enough to justify the higher risk.
You may want to lower your coverage. Do you need a million-dollar policy? This is a tricky one, but you have to be honest about what you need. If you don't have a lot of assets, you don't need as much liability insurance. I have had insurance agents admit that in their experience, people get sued according to their policies. If you have a million-dollar policy, they'll sue for more than if you have a hundred-thousand-dollar policy, and they are more likely to sue you in the first place.
If they win a judgment beyond the policy limits, you are probably in deep trouble, but this can happen no matter what your policy limits are. If you don't have assets or much money in the bank, consider lowering your coverage to save money. Ask for quotes first, of course, to see how much you'll save.
Lower the insurance company's risk, and they'll charge you less. Using your seat belt, not smoking, having an alarm system - all of these and more can lower your premiums. Ask your agent about discounts that are available.
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Okay, so the insurance companies will hate me for this one, but why not consider eliminating some coverages on your insurance policies. You need the liability coverage on your car, but collision coverage on a $2000 car doesn't make sense. Better to invest the money elsewhere, and take that $2000 hit once or twice in your life, or maybe never.
The same is true in other areas of insurance. Do you really need life insurance when your spouse is wealthy? The insurance company plans to make more with your money than they pay out, so why can't you invest the money and keep what would have been their profit. If loved ones are taken care of in any case by the estate, life insurance premiums are in many cases wasted money.
An independent agent can show you the cheapest policy regardless of which company it is from. Why limit yourself to one insurance company when shopping for a policy? Just be sure to check with a rating service to see if the company you do business with is financially solid, especially if you are buying life insurance.
Buy from a company in a state that allows "rebating". California, for example allows agents to legally rebate part of their commission to you. Live in Maine? Find a California company online!
Ask for state-mandated minimums on your auto liability policy if you have no assets to protect. Most companies give you their higher, more expensive "company " minimums if you don't push the point.
Get on the phone or follow those links to get some free quotes on that insurance policy. Ask about different policy options and compare quotes from several companies. And take notes.