Take the time to compare car insurance rate from one company to another - like apples to apples - to find the cheapest auto insurance for the amount and type of coverage you need.
When you are checking out the different car insurance companies and using the great free online quote services available, be sure that the quotes you are receiving and analyzing are for the same type and amount of coverage.
You can definitely save time and energy by doing your comparison research with free online quotes.
The internet is now the fastest and
easiest way to gather a variety of insurance quotes to determine the
best price for you.
Some people make the mistake of looking only at the price and simply choose the cheapest insurance quote available. I've been guilty of this myself.
However, that can be a little dangerous. This is especially true if you have a car that you are financing. Generally, the car insurance quote you receive may only cover the estimated value of your car, which could be different from the amount of money you still owe on the purchase.
You might be better off paying a bit extra for the "gap" coverage that's available so that you don't end up paying off a car that is non-drivable due to an accident and insufficient insurance coverage. That really hurts!
You can read more about how auto insurance rates are determined if you are interested in more details. Otherwise, you may just want to jump right into your comparison shopping.
Here are some of the best places to get multiple quotes all at once:
If you intend to compare auto insurance rates, a good plan is to apply
for quotes from several different agencies. These sites will each
gather rates from a variety of companies and bring you back the results.
Rate comparisons are pretty much standard procedure these days, but so many people fail to take advantage of them. By comparing car insurance rates you put pressure on the insurance companies to offer you a cheaper premium rate. I like that!
Of course, if you really want to save money, you should also check into every available discount you may be eligible to receive. Some of them may surprise you, and pleasantly so. Save every penny you can.