It's not a novel nowadays that many of us have several vehicles in possession. Some hold them constantly in garage, others drive all of them from time to time, and the last ones change them every day.

All these people face the problem on how to minimize expenditures in respect of their vehicle's insurance.

Auto insurance develops rapidly and insurers tend to give drivers the possibility to spare, if they seldom drive the vehicle.

With the coming of new technologies such as GPS, arrived new possibilities of tracking down your vehicle and getting more detailed data about your movement (time, distance etc), what constitutes one of the factors which allows to spare on insurance.

Most insurers assume that people drive between 10,000 and 12,000 miles a year and, because of this, anyone who drives less could potentially save money.

Pay-as-you-drive insurance involves the installation of a GPS tracker in your car. This then provides a variety information to your insurer.

Since companies get more information, they plan to be more precise while working with you. And if your vehicle is in the garage and this information is available to the agent, then this would allow you to spare.

Conducted researches says that drivers who do less than 6,000 miles a year could save up to 30 per cent on their premium by switching to pay-as-you-drive car insurance.

Also the biggest discount you can obtain on your insurance is your no claims bonus (NCB). Some insurers offer up to 70% off your premium if you have been accident free for five years, but make sure you have written proof from your last company.

If you have a garage, use it for your car - you'll save on your car insurance premium.

You can minimize the insurance cost by increasing the expenditures but one should remember that in case of an accident your recompense would be less and you would pay more.

Many insurers will give you a discount if you buy two or more types of insurance from them.