Car insurance is one of the largest recurring bills for most households, and rates can differ by hundreds of dollars between providers for the exact same driver. Learning how to compare auto insurance quotes is the fastest way to reduce your premium without giving up coverage.
Gather the same details for every quote
Use identical coverage limits, deductibles and driver information when you request auto insurance quotes. Comparing a minimum liability policy against full coverage is not a fair comparison. Keep your vehicle identification number, driving history and current policy declarations page nearby.
Understand what drives your rate
Insurers price policies using age, location, credit-based insurance score, claims history, annual mileage and vehicle type. Raising your deductible, bundling home and auto insurance, and completing a defensive driving course can each lower the cost of car insurance.
Look beyond the monthly price
The cheapest car insurance is not always the best. Check claim satisfaction ratings, financial strength, roadside assistance and rental reimbursement. A low premium means little if the company is slow to pay a claim.
Final Thoughts
Review your car insurance every year and after major life changes such as moving, buying a new vehicle or adding a driver. Ten minutes of comparison shopping can produce meaningful savings.
Disclaimer: This article is for general information only and is not financial, legal or insurance advice.