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You're required to have car insurance, and you want to spend as little as possible on it. You have a lot of choices in the insurance marketplace, and a little comparison shopping can help you find some real deals. But do these insurers touting cost savings provide the coverage and the service you need? There are a lot of pros and cons of cheap car insurance.

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1. Pro: You Can Save Some Real Money

Car insurance can be very expensive, especially if you're under 25 or you have a history of accidents. Saving even a few dollars a month could easily result in tens of thousands of dollars over your driving lifetime. Crunch the numbers as you compare policy options, and don't forget to ask about good driver discounts.

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