Are you a one-car family? Are you considering getting a second car, but are afraid of what it will do to your car insurance rates? If saving on car insurance is stopping you from buying a second car, think again.

Multi-vehicle discounts are substantial, and if you purchase a second car and add it to your plan with Liability coverage only, you might see your overall auto insurance premium go down! Most people don't realize adding a second car is an easy way to save money on auto insurance. Here are a few things to keep in mind before buying that second car:

• A second car with Comprehensive and Collision coverage will not lower your overall policy price.
• Getting a vehicle that only requires Liability may reduce your premium overall and you will pay less for two cars than you did for one.
• Buy a safe car, not a sports car, if you want to keep your auto insurance rates low.
• If you have a teen driver in your home, make sure the teen is driving the Liability only vehicle and not your newer vehicle in order to keep the rate as low as possible.
• You will save money on your auto insurance by having Liability only. If you purchase a car that only requires Liability coverage you will also be saving on auto payments by purchasing a vehicle outright instead of financing for even more extra household income.