It’s important to have auto insurance, no doubt. But the key sometimes is to find affordable auto insurance. While you’ll find that most companies offer free quotes, these quotes often differ hundreds of dollars between insurers. How then, can you tell if you’re getting the best insurance quote, or getting ripped off?
Different insurers have different terms, different conditions and different risk tolerance levels they can handle. The main reasons for high insurance premiums is either a poor driving record or all the bells and whistles coverage, which includes a low deductible with comprehensive. With all the various insurance companies promising the world, find one that’s affordable, yet reliable can seem like a daunting task. This article will teach you how to find insurance that fits your needs and your budget.
1. To find the best car insurance prices, you’ll have to do a search on your own. You can approach local insurance companies, or you can go online to do research. The aim is to first get quotes, so you can compare apples to apples. Be sure that you’re giving the same information to every company, so the quotes can be more evenly compared.
2. Next, after you begin comparing the different quotes, do research on the companies that you find to be most affordable. Visit BBB.org, and RipOffReport to find any problems with customer service in the past. Ideally you want to avoid any long-term problems by doing your due-diligence now.
3. After you have quotes and researched companies, you’re off to apply for the different companies. This often requires more information and the quotes will also become much more detailed. Here’s the step where you’ll notice a big difference in the prices of each. Give them as much information as you can, making sure that you’re placing your best foot forward. You want to maintain the image that you’re a good driver, are reliable and will pay on time. Be sure to give your full details about your vehicle and annual miles driven, so the quotes are more accurate.
4. You’re almost there. Next is where you’ll begin to negotiate discounts. Most insurance companies give discounts for good student drivers, clean driving record, taking a defensive driving class, being a senior citizen and more. Pre-pay your premium annually and you’ll save even more. If you don’t need full coverage, opt for liability only; you’ll save about 30% off the bat. Also remember that higher deductibles allow your policy to be cheaper every month.
5. Before you sign on the dotted line, remember that every company is different and might vary in price a few hundred dollars. This is common sense, but be sure to read the fine print and be safe.
Using these tips, I’m certain you can easily save hundreds while finding an affordable auto insurance company that’s reputable and is the best policy for you.