How To Compare Auto Insurance To Get The Best Price April 3, 2008
Posted by admin in : Car Insurance Articles, Tips On Car Insurance Selection , add a commentAuthor: Brian Stevens
Article:
It’s amazing how much auto insurance prices differ from one
company to the next. You could save hundreds of dollars a year
by spending just a few minutes shopping rates. Here’s how to
compare auto insurance policies to get the best price.
Understand Coverages
Understand the basic coverages so you know what you need:
* Liability coverage - This pays the medical bills and lost
wages for people you hurt in an accident, and pays to repair or
replace their car(s).
* Collision coverage - This pays to repair or replace your car
after it’s been damaged in an accident.
* Comprehensive coverage - This pays to repair or replace your
car after it’s been damaged by fire, vandalism, or acts or
nature.
* Personal injury protection - This pays for your and your
passenger’s medical expenses when you’re involved in an accident.
* Uninsured motorist coverage - This pays to repair or replace
your car after it’s been hit by an uninsured, underinsured, or
hit-and-run driver.
Go Online
A few years ago the only option you had for shopping auto
insurance rates was to call or visit one agency after another,
and fill out form after form to get enough quotes to compare.
Now, thanks to the Internet and the advent of insurance
comparison websites, you can go to one site, fill out one simple
form, and get multiple quotes from A-rated companies. These
sites are free to use, and you won’t have to contend with an
agent trying to sell you his or her company’s policy.
On the best comparison sites you can even talk with an insurance
expert who can answer any question you may have and help you get
the best policy for your needs at the best price. (See link
below.)
Compare Prices
After you receive your quotes, you need to compare prices. Make
sure you’re comparing apples to apples by checking to see that
the policies you’re comparing have the same types of coverage,
and the same amount of coverage.
Raise Your Deductible
The deductible is what you pay toward a claim before your
insurer will pay. The higher the deductible, the lower your
premium. For example, raising your deductible from $250 to
$1,000 could cut your premium in half.
Ask For Discounts
Auto insurance companies offer a variety of discounts - security
and safety feature discounts, multiple policy discounts, safe
driver discounts, low mileage discounts, senior discounts, etc.
Ask your insurer what discounts you’re eligible for and include
them in your policy.
Visit http://www.LowerRateQuotes.com or click on the following
link to compare auto
insurance rate quotes from top-rated companies and see how
much you can save. You can get more tips and advice in their
Articles section.
About the author:
The author, Brian Stevens, is a former insurance agent and
financial consultant who has written a number of articles on how
to compare auto insurance.
