COMPARE CAR INSURANCE QUOTES TO GET THE BEST POSSIBLE
One of the best ways to get cheap auto insurance is to compare auto insurance quotes and the companies that offer them. If you are looking for the cheapest car insurance you can get, it is essential to shop around and compare quotes. Your current insurer may be cheaper, but that can change, so check about once a year.
Finding cheap auto insurance doesn’t mean you should stick with big insurance companies. Regional and small insurers can outperform the lower offers of the larger ones, and often have excellent customer service.
The cheapest car insurance, period, will probably have the minimum coverage required in your state. In most states, this is only liability insurance, which covers property damage and medical bills of others due to the accidents you cause. Some states also require uninsured or underinsured motorist coverage, which pays for your injuries or damages if a guilty driver doesn’t have enough insurance.
Comprehensive and collision coverage policies are more expensive, but they cover you in the event your car is stolen or damaged, regardless of who (or what) caused it. When you add them to liability coverage and uninsured / underinsured, it is generally considered «full coverage».
No matter who your insurer is, these tips could help you save on your policy:
Look for discounts, even ask for them. There may be discounts that you are not taking advantage of. For example, you may have retired and drive less than when you purchased your policy. Mention that and you could get a low mileage discount. Request all available discounts when you get auto insurance quotes.
Reconsider insurance limits and deductibles. A higher collision and a full deductible can make sense if you rarely drive or are comfortable with financial risk. Increasing your deductible means you must pay more out of pocket if you have to file a comprehensive or collision claim, but it’s a sure way to get cheaper car insurance.
Know when to cut the coverage. Don’t drop coverage just for cheaper insurance. You will need full coverage auto insurance to meet the terms of an auto loan, and you will want it as long as your car is a financial burden to replace. However, for older cars, you can drop comprehensive and collision coverage, which is only paid up to the current value of your car, less the deductible.
Effective in the main changes in life. Certain life events could translate to cheaper car insurance, so look for appointments when something important changes in your life. For example, many companies offer a lower rate for married couples or domestic couples. Or maybe you moved to a suburb with lower accident and crime rates. If your accident risk decreases, your rates could too.
Review insurance quote comparisons. Be sure to purchase auto insurance quotes right after three and five years of anniversaries of accidents, fines, or traffic violations, after which they can be removed from your driving record.
