What has your home got to do with my car insurance? Is it really possible that I am losing a lot of money just because of where I live? While this may not be obvious to a lot of people, you can really save a bundle if you understand the impact of your place of abode on your car insurance and how it does impact it.

You know quite well that insurance companies ask for your place of residence and probably your place of work depending on your circumstance. They do so for several reasons. Among these reasons is the fact that they want to know the level of risk associated with your area.

Do you live in a red light district? If you do, then your premium will be much higher than someone who live in an area that is less prone to crimes. Therein lies the problem...

In mapping out areas, there has to be a line between areas based on police records. By an insurance company's mapping, your street may fall into a high risk area. What's so funny about this is that the next street to yours may belong to an entirely different risk zone -- A lower risk zone.

So, you'll do well to check before making the down payment for your home. That house could make you pay a few thousand dollars extra in your car insurance over the years.

But what if you are already in such a high risk area albeit inadvertently, is there a way to squeeze out considerable savings? Thankfully, there is a way for anyone to make such savings in car insurance.