If you are looking to buy cheap car insurance there are many websites that claim they can help you. Putting the search term cheap car insurance into Google will bring up pages of results. It is important to remember that with insurance, like many things, the cheapest option is not always the best option. Car insurance can be a real financial lifesaver if a serious accident occurs. You don’t want to find out that your policy is full of exclusions or your insurance company makes filing a claim almost impossible. There are a number of ways to find the best policy at the best price for your particular needs, here are a few tips.
What You Need – The first step when searching for budget auto insurance is to sit down and determine your coverage needs. Everyone has different needs and levels of comfort when it comes to insurance. Liability is a must, and in the majority of states it is the law. The bare minimum requirements are rarely enough when an accident happens, so it is best to up your liability coverage. Carrying a high deductible will lower your premiums, but may require large out of pocket expenses when an accident does occur. Dropping collision coverage can be a great idea if you are driving an older, low value vehicle.
Quotes – Get lots of quotes. There is no better way to save on car insurance then to get as many quotes as possible. Insurance companies have different ways of determining rates, so while one company can offer you insurance at $500, another one may be able to insure you for $350. There is no way of knowing how each company determines its rates, so the only way to ensure you are getting the best deal possible is to compare as many quotes as possible. When getting quotes, be sure to request the same coverage levels and the same deductibles. You want to compare apples to apples when looking for new insurance.
Where to Look – Start with the major insurance companies. Progressive, State Farm, Geico, and Allstate are good starting points. These sites all offer instant quotes and allow you to buy a policy online. If you are short on time, consolidator sites can be a time saver. They pull quotes from numerous sources. InsuranceQuotes and NetQuote are great places to look.
Discounts – The best way to lower your premiums is to ask for discounts. There are numerous discounts that the average person qualifies for, so make sure you are getting every price break you can. If you are insuring multiple vehicles, or carrying multiple policies with the same company, you should be getting a discount. Passing a defensive driving course can result in savings of up to 15%. Paying your annual bill in full and going paperless can also result in savings. Contact an agent to make sure you are getting every discount you qualify for.
Time to Buy – When you have gotten tons of quotes and compared them, one policy should stand out as the best one to meet your needs. It is a good idea to review your insurance on a yearly basis, as needs and coverage levels can change.
Shopping for insurance can be fun if you enjoy bargain hunting and looking for the best deal. While the search can be tiresome, finding the best policy for you is well worth it.