At a time when saving money is more important than ever, it is easy to keep more money in your pocket when it comes to car insurance if you know how. These tips can help you get the most for your money without sacrificing coverage with your car insurance.
Compare Rates
The best way to get the best insurance at the best rate is to compare rates! Many people make the mistake of not comparing rates, thinking it is time consuming and not worth the time. This could not be farther from the truth! The Internet has made it simpler than ever to compare rates. With sites such as www.esurance.com and www.insurance.com, you can fill out one simple form and receive multiple quotes from all of the top agencies in a matter of minutes. Comparing rates can save you hundreds of dollars each year on your car insurance premiums.
Ask For Discounts
Car insurance companies are known for offering an assortment of discounts. Common car insurance discounts include those for safe driving, increasing your deductible, multiple policy discounts, and even discounts for installing security features to your vehicle. Each discount you qualify for can take 5% to 20% from the price of your premium. If discounts are not offered, be sure to ask what discounts are available, and take advantage of them all!
State Required Coverage
Almost all states require drivers to carry minimum amounts of liability coverage at all times. These amounts vary from state to state. In addition to the state required coverage, other types of insurance is available, including uninsured motorist and collision coverage. You may wish to purchase only the state required coverage, or may opt to purchase additional policies to better protect you. It is important to look at the types of insurance that is available and determine if it may be beneficial to add.
Research Car Insurance Companies
If it sounds to good to be true, chances are, it is. If you are quoted a very low quote on auto insurance, be skeptical. You may pay in the long run for this type of coverage, such as when you file a claim or the amounts you will be out. Check with your state’s department of insurance to ensure there are no negative reports involving the car insurance company you have chosen. You can also ask mechanic shops in your are if there are certain car insurance companies that they recommend, and finally, you can visit sites such as www.jdpower.com to read reviews and advice pertaining to any auto insurance company.