Getting cheap car insurance isn’t easy, but there are some things you can do to lower your rates. It’s a smart move to compare shops and get quotes from multiple insurers.
You should also shop around whenever there is a major change in your life, such as a new job or marriage. Revisiting quotes three to five years after any accidents, tickets, or moving violations may also help you save money.
1. Compare Quotes
If you want to save money on car insurance, it’s important to compare quotes. The best way to do this is by using an online quote tool, which will show you a comparison of rates from different companies.
The quotes you receive from different companies will differ based on several factors, including your driving record, credit history, and coverage limits. These are the factors that determine how much you pay for your auto insurance.
Drivers with poor credit can often pay significantly more for car insurance than those with good credit, and it’s important to understand how each company views this factor. This can be a major reason for drivers to compare quotes, especially if they’re looking for a policy that covers them even if they have a bad credit score.
If you’re comparing car insurance, it’s essential to find a quote-comparison site that is trustworthy. These sites will not sell your information to insurance companies, and they’ll offer you real, accurate, personalized quotes from multiple providers.
2. Educate Yourself
While the lowest price is always a good thing, it’s not the only consideration when shopping for car insurance. You should also consider the company’s reputation and your own comfort level with the agents you’ll be dealing with.
The best way to do this is to have some lessons and try to educate yourself. This will help you make the most informed decision possible and avoid the most common blunders when it comes to insurance.
Most importantly, remember that cheap does not mean good. The best auto insurance policies will include a variety of coverages that meet your unique needs.
In fact, you might find that you need less coverage than you think if you take the time to learn more about your specific vehicle and your driving habits.
Educating yourself is not only the smartest move you can make, but it can also be the most cost-effective one. By following the tips mentioned above, you’re sure to find a policy that is just right for you. You may even get a free quote on your next policy by filling out our quick and easy online application!
3. Shop Around
The best way to find the cheapest car insurance is to do your homework and get quotes from multiple providers. There is a reason why the state of New York is home to many of the nation’s largest insurers and you may be able to save hundreds of dollars a year by shopping around. Using an online quote calculator to compare rates from competing insurers is a good place to start. A similar but less time-consuming approach is to speak with a qualified insurance agent. A reputable independent insurance agency should be able to offer you a free no obligation quote for your insurance needs.
4. Take a Defensive Driving Course
There are a lot of hazards that drivers encounter on the road, from aggressive drivers to extreme weather or even mechanical malfunctions. However, if you take a defensive driving course, you can learn how to avoid these situations and react properly when they occur.
In addition to helping you become a safer driver, defensive driving courses can also help you save money on your car insurance. After you successfully complete the course, many insurers will offer you a discount on your rates.
The amount of savings you get depends on your driving record and where you purchase insurance. In New York, for example, you can shave up to 10% off your car insurance rate by taking a defensive driving course.
A defensive driving course is typically inexpensive and can be completed at home or online. The material is interactive and more engaging than traditional classroom-based courses, which can help you retain the information better. Some providers also offer unlimited exam retakes for free to help you master the basics of defensive driving.
5. Maintain a Clean Driving Record
A clean driving record is one of the most important factors in determining your insurance premiums. If you have a history of moving violations and other offenses, your insurance rates will be much higher than those of drivers with no or few infractions.
Having a clean driving record is also crucial if you’re looking for a job that involves driving. Many employers run background checks to look for any infractions that may disqualify you from employment.
You can request a copy of your driving record from your state’s Department of Motor Vehicles online, via mail, or in person. A copy of your driving record contains a summary that shows your driving history and any violations you’ve committed.
Your state’s laws determine how long things like speeding tickets and other minor infractions will stay on your record. They typically last three to five years, but some serious violations like DUIs may remain on your record for a decade.
Fortunately, you can fight any infractions that appear on your driving record. Contesting a traffic ticket or going to a traffic school can help remove them from your record and lower your insurance rates.
6. Take Advantage of Discounts
A good car insurance policy can help protect your vehicle, your family, and others in case of an accident. However, that doesn’t mean you have to settle for a low price.
Many insurance companies offer discounts to their customers, and taking advantage of them can be an excellent way to lower your rates. Discounts can range from a few percent to up to 25%, depending on the company.
Another common type of discount is a “safe driver” discount. Several insurers offer discounts of up to 20% to drivers who don’t put a large number of miles on their cars each year.
These discounts can be especially helpful for young and new drivers. Teenagers who take a defensive driving course or keep their grades high while in school are also usually eligible for these discounts.
7. Don’t Be Afraid to Ask
Often, the most successful way to get cheap car insurance is by asking for help. This could be from someone who knows something you don’t, someone who offers to mentor you, or a company that will pay for a repair to your vehicle.
There are a few things to remember when asking for help, however. First, you should be careful not to make your request a one-size-fits-all request. You don’t want to come off as arrogant or obnoxious, and you don’t want to make it sound like you don’t know what you’re talking about.
You’ll also want to ask if there are any special offers that might not be listed online. For example, some insurers will give you discounts for paperless statements, bundling policies, or taking a defensive driving course.
Finally, it’s important to shop around to find the best quote. Getting quotes from three or more different companies is a good idea. You can do this by comparing quotes on a website such as Bankrate or by visiting an agent’s office.
8. Be Flexible
If you’re looking for cheap car insurance, it’s important to be flexible when comparing quotes. This means choosing a company that offers the types of coverage you need, has good customer service, and has a track record of paying out claims.
Some people may be tempted to choose the cheapest quote they can find, but this is often not a wise decision. This can lead to an underinsured driver situation if someone else’s fault causes the accident.
Alternatively, you could choose a higher deductible. This can save you money in the long run by lowering your premium.
It can also help you avoid paying out a lot of money in the event of an accident or other damage. However, it’s important to understand that you will likely have to pay the deductible out of pocket.
When it comes to cheap car insurance, it’s important to make sure you are getting adequate coverage. If your policy doesn’t provide the right level of protection, you might be left with costly out-of-pocket claims costs.
The best way to save money is by comparing quotes from multiple companies. This can be done online using an insurance comparison tool, by phone with an independent broker, or by going directly to an agent.
Rates vary by age and driving history, so compare quotes from several different companies to find the cheapest option for your situation. Young and senior drivers are typically the most expensive to insure, so look for companies that offer lower rates for these age groups.
Good driver discounts are available to drivers who have no at-fault accidents or tickets on their records. These can reduce your car insurance rates by as much as 10%.
Revisit your car insurance quotes every three to five years after any accidents, tickets or moving violations have dropped off of your record. Many insurance companies also offer discounts for good driving, so shop around to see what you can do to save.
Bundle discounts can help you save on multiple policies. This is a great way to get cheaper insurance if you have several cars and need to insure them all.
Add teen drivers to a parent’s policy to save on premiums. This is a popular option for parents who want to keep their kids’ rates low.