Owning a car comes with a lot of added costs. Maintenance forrepairs and rising gas prices can take a toll on a driver's wallet,not to mention the cost of insurance.

While we cannot necessarily control the cost of filling up thegas tank or how much we spend on auto repairs, the cost ofinsurance is actually one of the few areas that allow for possiblesavings. Clients who have not recently reviewed their policies maybe missing out on valuable discounts that can contribute toconsiderable savings in the long run.

According to Michael Barry, spokesman for the InsuranceInformation Institute, competition among insurers has lead to newdiscounts. “Insurers are trying to differentiate themselves in themarketplace,” Barry says.

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