If it seems like the cost of auto insurance keeps going up, it is not an illusion. Over the last few years, it has gotten harder and harder to find really cheap auto insurance in most parts of the country. But don’t give up hope quite yet. It is still possible to get a great deal on a great policy if you know how and where to look.
It helps to understand how carriers price auto insurance quotes. One part consists of factors that you have little control over such as what profession you are in, whether you are married, and what state you live in. But there are other factors that you can control and these are what we will focus on.
Tips to Get Really Cheap Auto Insurance
Keep your credit score up. Insurers view your credit record as a good indication of your risk level. If you have a good credit score they will view you as a lower risk and hence will price your insurance policy lower. So before shopping around for car insurance be sure to get a copy of your credit record and make sure everything is accurate.
Choose your car carefully. It is an unfortunate fact that the type of car you drive is a huge factor in how expensive your policy will be. If you are driving around a high powered sports car there is little you can do to get really cheap auto insurance. Newer model compact cars are your best bet for lowering your rates.
Increase your deductible. This choice is not for everyone, but if you are comfortable with the possibility that you will pay more out of your pocket in the event of a theft or crash, then boosting your deductible can save you serious money. For many policies the standard deductible is $100. If you can increase this to $500 or $1000 you may well save more money in premiums than you would pay out of pocket in an accident.
Review your comprehensive coverage. While having comprehensive coverage is a great choice for some people, it can be overkill for others. One tactic to get really cheap auto insurance is to get rid of collision coverage if you drive an older car. Why pay hundreds of dollars a year extra if your car is only worth a couple of thousand dollars?
Keep your policies with one company. Pros know that a great way to find really cheap auto insurance is to bundle their homeowner’s and car policies together. Many insurers will provide a significant discount if you keep all your policies with them.
Comparison shop. Perhaps the single most important step you can take to find really cheap auto insurance is shopping around and getting quotes from multiple carriers. Each insurance company will view your situation differently and will price their policies accordingly. While one insurer might shun high risk drivers, another insurer may specialize in this. Do not assume that just because you received two similar insurance quotes that the third insurer will not give you a very different one.
To get started saving on your car insurance simply enter your zip code in the form at the top of the page and you will be instantly connected to the best discount carriers in your area. It’s time to stop overpaying on your insurance.