Car insurance can be expensive. If you don’t take the time to find a better deal on your car insurance premiums, you’re likely to pay even more than you’re currently paying. According to a report by the U.S. Bureau of Labor Statistics, car insurance rates rose by more than 5% over the past year. So, if you’re tired of paying even more on your car insurance premiums, you should consider changing your service provider.
Thankfully, we’re in the present-day technological age, and not trying to find quotes at the turn of the century. Why? Well, before the emergence of the Internet, it was difficult to get information on any subject. And it was even more difficult to compare car insurance policies.
How hard was it? Well, you would have had to:
- Book and attend an appointment with a car insurance agent. The agent would take your information in order to provide you with a car insurance quote based on your requirements.
- Wait for the quote from the insurance agent. There were no instant quotes back in the day. You would have had to wait for a quote from the insurance agent. This may have taken a day or several days depending on the agent.
- Visit another agent. In order to compare the insurance rates offered by different insurance providers, you would have had to visit different insurance providers and obtain quotes from them for comparison.
The entire process was tedious and time-consuming. Many people often settled for the first insurance company they came across to avoid wasting time and energy.
Today, the auto insurance quotes compare process is quick and simple with insurance-comparison sites like CoverHound. You can get information from a variety of insurance carriers online within a matter of a few minutes. These websites also allow you to compare similar policies from different insurance providers side by side.
The following steps will help you find and buy affordable car insurance:
- Determine your requirements. It is important to begin the insurance-buying process by determining what you need. Do you need to include other people in your policy? Do you need comprehensive cover? Consider what you want out of your cover and include this on your list of requirements.
- Estimate the cost of insurance. There are various free online car insurance calculators that can help you determine the approximate rate you should pay for car insurance. Using these calculators lets you see how different factors in your life affect insurance rates. They also give you a rough idea of what to expect when searching for insurance quotes.
- Compare potatoes to potatoes. One of the most common mistakes people make is comparing different policies side by side. If you’re considering different insurance providers, you should compare similar products under the different carriers. This is the best way to evaluate the cost of insurance.
- Search for discounts. Search for discounts that you can take advantage of; discounts are available from insurance providers for drivers with clean driving records, married people, customers with different insurance policies under a single company and many others).
- Check the background of the insurance provider. Check that the insurance provider is legitimate. Also, check to see what other people have to say about the insurance provider. A.M Best provides insight into insurance companies and their reputations.
Even with quick and easy-to-use online searches, being thorough in your auto insurance shopping journey will pay off.
Photo Credit: Steve Snodgrass
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