1. Keep an excellent credit rating. Having a bad credit history is simply making difficult for yourself in addition to the fact that your premium will be much higher. The plain reason for this is that there's a general consensus among many insurers that there is a link between bad credit rating and high risks. This perception of high risk makes such individuals pay very high rates in health insurance and other insurance policies.

2. It is profitable to be loyal to the same insurance company. You will get discounts of about 5% on your health insurance if you stick to the same insurance company for up to 3 years. The longer you stay with the same insurer, the more the discount you'll get.

But sometimes it is wiser to leave for another insurance company....

If your health insurance premium is $2,700 and you are given a 5% discount when you stay for up to 5 years you will pay $2,700 - (5% of $2,700 or $135) = $2,565.

Within the course of those years you might get an insurance provider who will give you a comparable health insurance coverage or better for less than $2,000. In such a case, it is of no value to stay put because you want to get a loyalty discount down the line when you can enjoy lower rates at the moment.

3. If you want a discount, get your health insurance policy from the same insurer you bought existing policies from. It's called a multi-policy discount.

Although it pays to take advantage of a multi-policy discount, you may get a better deal by buying your various policies from different insurers.

4. You can bring down your health insurance premium by getting quotes from reputable quotes sites.

Visiting a minimum of three quotes sites increase the chances that you would make more savings. This is because insurance companies not represented by one site will be represented by the other.

Since the likelihood of receiving lower health insurance quotes has to do with the number of health insurance quotes you receive, the more insurers you receive quotes from, the better your chances. This gives you a broader basis for doing more thorough comparisons thereby increasing your chances of getting better quotes.