Theft Prevention Can Result in Lower Auto Insurance Quote

One way for consumers to hold down the cost of their next auto insurance quote is to consider investing in an anti-theft system.

The Insurance Information Institute recently issued a reminder pointing out that even though vehicle theft rates have fallen steadily in recent years, an average of four cars are still stolen every two minutes.

Jeanne M. Salvatore, spokesperson for the institute, noted that consumers can further trim their insurance costs by raising their deductibles to as much as $1,000 from the more common $250. Another way to lower the risk of theft is simply to make sure a car is locked at all times and that the keys are not left in the vehicle.

The institute went on to cite FBI statistics showing that in 2008 alone, auto thefts fell by a 13 percent margin, something that would tend to benefit auto insurance customers everywhere.

Still, the price of one's auto insurance quote can be reduced significantly in some cases by investing in traditional alarms or systems that can track or even immobilize a stolen car.