If you’re reading this, congratulations! You are looking to insure your automobile and that’s a great first step… because you are legally required to do so. Jokes aside, you should pat yourself on the back since you are taking a step that many Americans overlook, and that is not to accept overpriced car insurance. Of course, finding low cost car insurance is no easy trick, and hopefully that is where we can help.
You probably remember the decision process you went through before you purchased your car. You may have read reviews by the major car magazines, read independent reviews on forums, asked your friends with previous experiences, talked to dealers, etc. The important thing is that you went out there and asked questions, and found the car that appealed to you, and fit your budget. It is a wonder that many Americans simply accept the first quote supplied to them by the insurance agency that they have always used.
Now, finding low cost car insurance online does not have to be a particularly difficult process, but it will require some diligence, and some understanding of how insurance works, and what affects the premiums that you pay. Most experts would agree that the best thing you can do is to get quotes from multiple agencies on an apples-to-apples basis, and see who quotes the best rate. We have a great tool that allows you to enter your zip code and find local providers in your area. Give it a shot!
Hopefully, you’ve followed my advice and have a couple of quotes in hand. The rates can really vary, so make sure to get multiple quotes. Remember, getting affordable car insurance doesn’t have to be difficult, it just requires a little more work than your average Joe is willing to put in – don’t be that guy. Keep in the back of your mind, that each additional quote you find has the potential to save your hundreds of hours per year. It doesn’t take more than twenty minutes to get a quote from even the most difficult site, which means that you should be able to get three quotes in an hour. Even if getting an additional quote only saves you an average of $10, you’re making $30/hour by doing the additional research. Not bad, right!?
Before we move on, another important point to make is that just because you’ve heard of a big name agency like Geico or State Farm doesn’t mean that the lesser known names you haven’t heard of are bad, or should be avoided. The big companies will always stress that you should go with a name you trust, but remember that smaller companies just don’t have the same marketing budget. They could easily counter with arguments like, “more personal service,” and “locally owned.” These compelling points make the value of a name brand less significant, and should remind you to consider quotes from all agencies before making your decision.
Now, back to our research. With a few quotes, you can start taking a look at ways to tinker with the options you’ve selected. Think about the type of coverage you need, and if it really is the best fit for your situation, and what your situation might look like in the near future. Do you really need comprehensive and collision? Can you reduce the number of miles that you drive in a given year. Are any life-changing events on your horizon, such as getting married? Will you be moving to a different city, or state any time soon? All of these affect your insurance rates. Over the coming weeks, we will be addressing several of these questions. We will take a look at car insurance rates in various parts of the country. We will take a look at rates by age and gender. And we will also be looking at how much you might pay to insure several different types of vehicles.
In the meantime, remember that changing your insurance provider is not a scary thing. In fact, believe it or not, these companies are in the business of making it a very easy process! If you are willing to put in a little extra work, you, too, can find cheap car insurance. You probably have friends that pay significantly less than you do, and I bet you’re jealous. Who wants to pay $200, or even $100 per month just to insure their car? Not me, and I took the necessary steps to find car insurance that fit within my budget. If you’re willing to put in the extra time to do your research, I can personally guarantee that it will pay off in the end. My last piece of advice is to stop reading! Get some quotes by entering your zip code below, and start reducing that monthly bill! Good luck, and come back soon for more helpful tips.