Consumer Reports has shared ways to reduce car insurance bills, with the average driver now paying nearly $2,700 a year. Shopping smarter can help, starting with an independent insurance agent who can compare coverage and premiums from multiple companies. You may also be able to save by raising your deductible, which could result in more out of pocket for repairs but lower monthly or annual premium. For older cars, Consumer Reports suggests reconsidering collision and comprehensive coverage. If the premium is more than 10 percent of the car’s value, it may be time to consider dropping collision and possibly comprehensive. Bundling can also help, as many insurers offer discounts when you buy both home and auto policies from the same company. Consumer Reports also notes that life changes can affect your premium, particularly if you've gotten married, divorced, or no longer have a teen driver on your policy.