6. Drive fewer miles and opt for usage-based insurance

Unless you drive a lot, you might be surprised at how much more you could save with a usage-based insurance or UBI. UBI policies depend on devices that look and operate similarly to miniature cellular phones or mobile apps to track and determine how you drive-also including miles you put on a vehicle, how fast you accelerate, and when you are out and about driving at times of day or night. The best thing about this policy is that you can end up saving a lot of money as compared to traditional policies, especially if you have very little mileage under your belt or are a very safe driver.