While getting car insurance before hitting the road is imperative, the process and specifics can sometimes be confusing. See below for amazing deals on straightforward car insurance!
Every insurer uses a different pricing formula in creating the premium it quotes you. As a result, you’ll find competing carriers charging different amounts for the same or almost the same coverage. By shopping periodically, you have the potential to save with your current carrier, or with a new insurer that’s just as good or better. Here are some key factors that could affect your premium:
Driver profiles, driving history, and car type. If you’ve seen your premium rise of late, it could be because you’ve added a newer or more expensive car, begun insuring a teen driver, or been involved in an at-fault crash. Credit history. A number of insurers will price a policy higher for a driver with less-than-stellar credit, using a “credit-based insurance score.” Insurers maintain that credit history is a good predictor of insurance claims, and they price their policies accordingly. (Several states, including California, Georgia, Hawaii, Massachusetts, Oregon, and Utah, either prohibit or restrict the use of credit-based insurance scores.)
Check Rates Frequently
Shop for coverage whenever your personal circumstances change-say, you marry, insure a teen, reduce your commute, or add a car to your policy. Ask your insurer how much the changes will cost or save you. That includes asking for an adjustment to your coverage to reflect your car’s depreciation; insurers don’t necessarily do that without your prodding. Compare the resulting premium with what other carriers will charge. For comparative prices, try more than one car-insurance search engine, and also consult an independent agent.
Pick a top-Rated Insurer
Don’t just gravitate toward the lowest premium. Look, too, for a carrier that provides fair and fast claims settlements; offers great nonclaims customer service; helps you review your policy thoroughly; and proactively offers help and advice. You’ll find these judgments on 53 insurers in our ratings.
Don’t Skimp on Liability Coverage
This pays for bodily injury and property damage that you cause to someone else in a crash. Buy more than the legal minimum even if you don’t have much in assets to protect; depending on your state, a portion of your wages could be garnished in a judgment against you. A more protective level of coverage is $100,000 per person, $300,000 per incident, $100,000 for property damage. For even greater protection, buy an umbrella liability policy, which extends coverage for both your car and home, and offers additional protections as well.