Getting a cheap auto insurance quote isn’t something that happens with a single insurance quote. If you don’t know what to ask, and if you don’t understand what parts of a policy affect the price and can be changed, then you’ll never be able to get the best price available in the market.
GO FOR THE DISCOUNTS
There are a number of discounts available to people shopping for auto insurance, and knowing the ins and outs of the discounts available will give you a better shot to get an inexpensive insurance policy. If a teenager will be driving the car, discounts are available both for good grades in school and for passing a safe driving course with most insurance companies. Most companies also offer a discount for drivers 65 and older who also complete a safe driving course. Ask every company you deal with if they offer a discount if you have multiple insurance policies with them. Many companies will offer up to a 20 percent discount if you also insure your home with them. Park your car in your driveway or in a garage to qualify for a lower rate. Also, insurance companies generally charge more for newer cars and for cars that are expected to drive a lot of miles in a year. If you have more than one car, use the older car to put on the most mileage and that will result in lower insurance rates.
INVESTIGATE YOUR RECORDS
Make sure that your driving record is accurate. The insurance company will charge less for someone with a pristine driving record. If you spot a mistake on your driving record, be sure to fix it immediately to avoid paying more money. Some experts have estimated that 20 percent of all driving records have some information that is incorrect. Check your credit report as well. Insurance companies will charge a higher auto insurance premium if your credit record is not good. If you spot a mistake on your credit record, ask the three national credit bureaus to correct the error before you buy a vehicle. Getting your credit record back in shape will mean a cheaper auto insurance bill.
CONSIDER YOUR VEHICLE CHOICE
Insurance companies all based rates, at least in part, on the type of automobile you purchase. You’ll pay 20 percent or more for a sports car or luxury car. But even in the regular four-door sedan market, some vehicles will cost 20 percent or more to insure. That’s because those vehicles are either very popular with thieves and are stolen often. Or, they cost more to insure because they tend to be in more accidents and cost more per year to repair and maintain.
DEDUCTIBLES CAN MAKE A DIFFERENCE
A deductible is the amount you have to pay out of pocket before the insurance company will pay for a claim. Drivers can decide their own deductibles, and that decision will have a huge impact on the cost of the policy. Bigger deductibles, up to $1,000 or more, will result in cheaper auto insurance. If you had only a few insurance claims over the life of your vehicle, that would be a good choice. With a lower deductible, you pay more for your premium, but would save money in the long run if you had a number of claims over the life of your vehicle. Finally, dishonest people know that drivers are motivated to save money on auto insurance. Be careful not to be caught up in an insurance scam that offers rates that are too good to believe and then never delivers the insurance. Always look for a phone number with a company online and check out any company with the Better Business Bureau before choosing them for your insurance needs.
When you ready to begin the journey for cheap auto insurance, use the Free Car Insurance Rate Finder at the top of the page to begin your search.