Well, the first thing you might want to do is visit the Auto Insurance Center which is a resource center that explains auto insurance in detail. You can also search the net and visit many other good sites to better understand your coverage.
There are many things that affect your insurance rates. Your driving record, the number of tickets you have had in the past, where you live, how much you drive, what type of car you have, what type of coverage you buy and where you buy your insurance company.
Many people have reported saving up to 40% by buying car insurance online. The most important thing to remember when shopping online is to purchase your insurance from a reputable insurance company. You can always check the rating of the insurance company you are considering doing business with.
You should always get at least 5 or 6 quotes so you can compare thoroughly. When comparing, be sure to compare the same policies. Otherwise, it would be more like comparing Victoria Secrets lingerie to Walmart lingerie. Not a fair comparison!
You will need to be able to provide the company you are requesting a quote from with information about your driving record. It's no use lying. Because the car insurance company will validate all the information you provide. If you lie, your rates will go up or the insurance company may cancel your policy.
Not all auto insurance is created equal for many reasons. Companies use a formula to determine rates. We won't go into the details of the formula, but basically they calculate the number of drivers they cover, the previous year's costs including operating, accident and liability claims, then they do some math and pull out their rates. Much of it is determined by the amount of payments they received.
We mentioned earlier buying from a well-rated insurance company. If you save a lot of money but the insurance company you bought your policy from tends not to honor and pay claims, but rather get by. Then the savings are worth nothing. Or if the insurance company is an overnight operation here today and gone tomorrow, they'll be gone with your money and you won't have insurance. No savings in this scenario! So be sure to check it out! Unless of course you recognize the insurance company.
Companies like Geico, Allstate, Hartford, State Farm, Progressive and of course several other great companies can be found online.
Most companies offer quotes online, which is very convenient. No more sitting on the phone waiting to speak to an agent. No more driving halfway across town to get fares and then driving around town to get another fare then…. Alright, I'm sure you get the picture! It's tiring just thinking about it. It's so much easier to just pull up a chair and put your mouse to work.
I hope we've brought it to your attention that not all car insurance is created equal. We thought we'd mention it again just in case? So shop around and save money!
