Feel like you’re a prisoner to an underperforming, overpriced car insurance policy? Trust us, there are a lot of people just like you who feel imprisoned by their car insurance policy.
You have so many insurance companies to buy insurance from, and although it’s a good thing to have a choice, lots of choices makes it harder to compare company pricing.
Car Insurance Prices Online
There are several ways to compare rate quotes from different insurance companies. The simplest method to compare insurance prices is to use the internet to compare rates. This can be done in several different ways.
- The fastest way consumers can make multiple comparisons is to use a rate comparison form (click to open form in new window). This easy form eliminates the need for separate quotes for every car insurance company. Just one form gets you coverage quotes from car insurance companies with the best prices.
- A different way to get comparison quotes consists of going to each company’s website and complete a new quote form. For example, we’ll pretend you want to compare Progressive, Farmers and Travelers. To find out each rate you need to spend time on each company’s site to enter your coverage information, which is why the first method is quicker.
For a list of links to companies insuring cars in your area, click here.
Whichever way you use, ensure you are comparing apples-to-apples quote information with each company. If you compare different deductibles it’s not possible to make an equal comparison. Slightly different insurance coverages can mean a large discrepancy in price. And when comparing car insurance rates, know that having more price comparisons helps locate the best rates.
Don’t overlook these discounts
Car insurance companies don’t always list all their discounts very well, so here is a list both well-publicized and also the lesser-known car insurance savings.
- Homeowners Savings – Simply owning a home can help you save on car insurance due to the fact that maintaining a home shows financial diligence.
- Low Mileage – Low mileage vehicles can earn better rates on cars that stay parked.
- Passive Restraint Discount – Vehicles with factory air bags and/or automatic seat belt systems can qualify for discounts of 20% or more.
- Accident Waiver – A few companies allow you one accident before hitting you with a surcharge as long as you don’t have any claims prior to the accident.
- Multiple Cars – Buying coverage for all your vehicles with the same company may reduce the rate for each vehicle.
- New Vehicle Savings – Buying coverage on a new vehicle can cost up to 25% less since new cars are generally safer.
- Life Insurance Discount – Some companies give a break if you buy auto and life insurance together.
- Discount for Swiching Early – Some companies give discounts for switching policies prior to your current policy expiration. The savings is around 10%.
It’s important to understand that most credits do not apply the the whole policy. Some only reduce individual premiums such as liability, collision or medical payments. Just because it seems like all the discounts add up to a free policy, car insurance companies aren’t that generous.
To see a list of providers with discount car insurance rates, click here to view.
