Compare quotes. Prices will range between insurance brokers. Make sure to get at least three quotes and compare before signing on the dotted line. And when comparing, know what your state requirements are.

Raise deductibles. If you can afford it, raise your deductibles. This will bring your premiums down. Just make sure you'll be able to afford those deductibles if you ever need to pay them. Most insurance companies will allow you to pay up to a $1,000 deductible for comprehensive and collision coverage.

Drop collision. If you do own company cars, drop collision coverage if repairs will end up costing more than the cars are worth.

Type of car. Choosing a company car that doesn't cost much to repair or is an older model can also lower your premiums.