Finding Cheap Car Insurance: Five Helpful Hints
Car insurance is expensive, annoying, and – unfortunately – a necessity. Every single state mandates that drivers have car insurance – or post a bond equal to the amount of coverage required of insurance – in order to drive on streets and highways. But buying insurance is anything but straightforward. Insurance companies base their premiums on their own risk profiles, so the cost of car insurance varies widely not just from state to state but from insurance company to insurance company and even from driver to driver. Finding cheap car insurance can be difficult – but these five tips can help make it easier.
Buy Online
Many insurance companies offer a discount rate – up to about 10 percent – to customers who buy their insurance through an online site. That’s because when you buy your insurance online, they don’t have to pay an insurance agent a commission or pay a human to interact with you at all. Most cheap car insurance is based on the same principle: they’ll save you money if you save them money.
Get Multiple Quotes
Comparison shopping is key in obtaining cheap auto insurance. Unlike cans of corn, though, insurance companies don’t just put the price you’ll pay for an insurance policy on a sticker. Because they determine rates based on your risk profile, you need to obtain a car insurance quote. When you get insurance quotes from at least three difference auto insurance companies, you can choose the best policy for your needs.
Install Safety and Anti-Theft Devices
If you want cheap auto insurance, reduce the risk that the company will have to pay out a claim. When you ask for a car insurance quote, make sure that you list all safety and anti-theft devices on your vehicle. Those include air bags, especially passenger side and rear seat air bags, anti-lock brake systems, theft alarms and vehicle location services.
Clean Driving Record
Insurance companies want customers who don’t get into accidents and don’t get traffic tickets. The cheapest insurance rates are reserved for people who have never had an auto accident or traffic ticket, are older than 25, and have been driving for more than 5 years. Every time you get a moving violation, you can expect to see a hike in your premium when it’s time to renew your policy. If you want inexpensive insurance, obey the speed limits and traffic laws.
Garage Your Car
Many accidents and virtually all vandalism takes place while your car is parked. Auto insurance companies use your address to determine the risk that your vehicle will be hit by a passing motorist, vandalized or stolen. One of the best ways to reduce those risks is to park your car in a garage. If you routinely park your car in a garage or off the street, make sure that you note that when you ask for car insurance quotes.
There are many ways to get cheap car insurance in addition to these top five hints. Don’t just buy the first auto insurance policy that you’re offered. Shop around to get the best auto insurance quotes and enjoy your savings.
Chris Robertson is an author of Majon International, one of the world’s MOST popular internet marketing companies on the web.
Learn more about Cheap Car Insurance
Processing your request, Please wait....
