None of us wants to spend more than we need to for car insurance, but it isn’t always obvious how to get lower rates. Dozens of insurance companies, large and small, are vying for your business.
Most of us are comfortable asking our insurance company questions about things like health and dental coverage. But when it comes to the big stuff, you don’t want to ask for help because it may open the door for a discussion on other things. How can you get the best rates on your car insurance? I’m often asked by people how to get the best car insurance. I answer by saying “buy the best car insurance company.” I’m not the best at picking insurance companies, but this is a great starting point. In an article titled “If you already know what you want…but you aren’t sure which car insurance company has it”, Cnet.com writer Ben Lovejoy shared his formula for getting the best car insurance.
One of the easiest ways to save on car insurance is by comparison shopping. Take your time looking at all the insurers that offer home, life and travel cover as well as car cover. Search online or take a look through the brochures of any current or potential car insurers. Ask for quotes on the car you want and compare them. If you have a clean driving record and haven’t claimed on your insurance in the last few years, you should expect to see some cheaper quotes. Another way to get cheaper car insurance is to change your driving style. Not driving for a long period of time could mean that your current insurer isn’t taking into account your lifestyle when calculating your premium.
Getting a lower car insurance rate isn’t about waiting. Make sure you know exactly what you are buying and getting covered for when you buy the policy. To learn about additional things to consider before buying a car insurance policy, take a look at these great tips. Another quick and easy way to get a lower car insurance rate is to talk to your insurance agent or agent. Talk to a customer service rep and ask them what it would take to save a few hundred bucks a year. Talk to other people who have that company or company to see how they feel about their rates and how much they are paying. Having a solid, personal relationship with the agent may pay off big with savings. Check your credit score for free within minutes using Credit Manager by MoneyTips.
It’s important to understand how the auto insurance industry works. You must get your information from a source that is trustworthy. There are plenty of great sources out there. You just need to educate yourself about the different types of insurance, how they work and how they fit into the overall system. This information can save you thousands in car insurance, so read through all of it.