Auto Insurance Blues

Well let me just start off to say I pay $462 a month on Auto Insurance for my truck. Nothing spectacular: Ford 4WD F150 with a Triton V8. I pay $5544 a year in auto insurance. It is driving me insane having to pay this much. I am thinking about cancelling my insurance. The main problem I have is that when I just turned 16 I bought a show truck from one of the family businesses about 3 years ago. After 8 months I got into a head on collision and totalled the truck and my insurance company had to pay me off and the person I hit. I still think paying almost 6K a year is a crap load of money for a law student. I have enough frickin bills and I have to do something.

What do you all think?

What do you all pay and what insurance company do you go through?