If you compare car insurance policies before you buy, you'll have the best chance of getting the most for your money.
Choosing the right insurance policy for your needs may seem a bit confusing at first, but believe me, it's not rocket science.
You really just need to spend a little time and have a little patience and you'll be surprised by how much money you can save yourself by comparing the various auto insurance policies available to you.
Some people make the mistake of assuming that every price they are quoted for their insurance premium gives them the same exact coverage. This is not always the case.
That's why it's a good idea to have a list of what it is you want out of your insurance (types of coverage and dollar amounts on the limits) so that you can quickly and easily compare apples to apples - or in this case, policies to policies.
Let me give you an example based on my own recent car insurance comparison experience.
I purchased a new (second hand) car this month and I needed to get insurance coverage for it. The car is a bit nicer than my usual vehicle, so I definitely wanted comprehensive and collision coverage in addition to the usual liability.
I won't get into all of the details, but I want to point out how little differences in the policy make a difference in the price of your premium rate.
We live in a rural area and (no offense, but...) the roads in this area are not the best. It seems like we regularly get chips in our windshield from cars or trucks kicking up stone from the road. It's very frustrating.
This led me to inquire about the windshield repair and replacement
portion of the policy. One company I checked with included one free
windscreen replacement per year. Not bad!
Another company offered one windscreen replacement per year, but you had to pay $50 toward that replacement. Aha! BUT, the quote I received for that insurance was more than $50 less than the other company.
What that said to me was that I'd be better off going with the company who charged me $50+ less, and if I do have to replace the windshield in the year, I'll pay the extra $50 then. If no damage occurs, that's $50 more in my pocket!
Like I said, it's not rocket science, but it does take a little thought and calculation.
That's just one example, but you need to think about more than just windshield repair. Your premiums will also be affected by the dollar limits on your liability, personal injury, etc.
Be sure you at least have the legally required minimum for your state, but you may want more than that. Regardless, when you compare car insurance policies, check to see if the limits are the same. Don't be fooled by a bargain price, overlooking the fact that you would be getting a lot less.
My Suggestion? Take advantage of some of the online free quote services available. Here are a selection of my favorites:
Once you get a selection, compare the top ten motor insurance policies and see which one will not only help you save money, but also give you exactly what you want and need to cover your risks.
Okay, maybe comparing the top ten motor insurance policies seems a huge task. Cut it in half. Only compare car insurance policies from the top 5 auto insurance quotes you get and go from there. Just make a start!