If you have a driver’s license and you own a car, then you have to have car insurance coverage, it is what the law mandates and it is for your own protection, too.Because of the economic downturn, a lot of people are looking for ways to be able to cut costs, and even necessities like car insurance Alberta is no exception.If you are looking for the best rates, then the best way that you can get it is by shopping around for the most affordable quotes from different insurance providers.Raising your deductible is another way to quickly lower your car insurance premiums by as much as forty percent; but this is an option that you would need to be careful on, this is because a deductible is the amount of money that you would have to settle with your insurance providers before you can even start to file any kind of insurance claims; unless you have a lot of cash on hand in the unfortunate event that an accident should happen, then you have to always remember to keep your deductible at an affordable rate.