Every driver wants to find low cost car insurance if at all possible. Unfortunately, auto insurance rates can get high for some motorists, especially drivers who have received a traffic citation or two. By taking a smart approach to your auto insurance policy and by looking for discounts and online car insurance quotes, it’s often possible to get a much lower rate on car insurance. Here are a few tips for keeping your premiums low without buying low amounts of auto insurance coverage for your vehicle.
Deciding How Much Auto Insurance To Buy
The first thing that drivers will have to do when looking for a low cost car insurance policy is to decide on an appropriate amount of coverage. This involves learning a bit about auto insurance and how different types of coverages work. You’ll need to select at least the minimum amounts of insurance required by your state as well as extra coverage to protect you in the event of an accident. The main types of coverage are:
- Liability Insurance – Pays for damaged to other parties in an accident that you cause. There are both property and medical liability coverages available.
- Collision coverage – Covers damages to your vehicle in an accident that you cause.
- Comprehensive coverage – Covers damages to your vehicle that are not necessarily accident related.
- Personal injury protection – Pays for medical bills for the driver and his passengers in certain situations.
Your auto insurance company will probably offer other types of coverage as well. Make sure to know all of your options in order to pick a good policy. This is essential to lowering your car insurance premiums, because low cost premiums aren’t worthwhile if your coverage is poor.
Finding Car Insurance Discounts
Once you’ve decided on an appropriate amount of coverage, you should try to find out whether any car insurance discounts are available from your insurer. Discounts can greatly lower the cost of a policy in minutes. They’re given by insurance companies as an incentive for drivers with lower than average risk factors. Some examples of car insurance discounts are discounts for motorists with good grades, no traffic citations, or vehicles that have special anti-theft devices or safety features installed.
Auto insurance discounts vary greatly. You’ll have to ask a representative of your car insurance agency in order to get some information about which discounts that you’re qualified to get–and which discounts that you can qualify for easily. Think about taking a safe driver course as an initial way to get great discounts and explore every option at your disposal. Car insurance discounts are one of the fastest ways to achieve low cost car insurance and they should not be ignored if you’re serious about cutting your costs.
Comparing Auto Insurance Quotes Online
Getting auto insurance discounts is only part of the battle. You’ll also need to compare car insurance quotes online.
Comparing quotes is easy and it’s a fairly quick process these days. You simply log online and find a car insurance website that can provide you with several quick quotes. Enter accurate information about your vehicle and your driving record and look at a few of the car insurance quotes offered by major providers. Be sure to check that the coverage offered by these companies is roughly equivalent and that it matches the goals that you’d set for your auto insurance.
Negotiating With Your Car Insurance Provider
Finally, negotiate with your car insurance provider or several of the providers you’d found while looking for auto insurance quotes. Show them the lowest quotes that you’d received and ask for a lower rate or better coverage. Remember to ask about discount programs. There’s a very good chance that you’ll find low cost car insurance with a very minimal amount of work as long as you’re polite to the car insurance agent yet firm about what you want.
Take the time to call at least five or six car insurance providers. This should be easy if you’d researched quotes and found a few that you like. Talking to auto insurance agents will teach you a bit about your new insurance policy and you’ll find new ways to get lower car insurance premiums.
Keeping An Ear To The Ground
Car insurance rates change often, so it’s a good idea to keep an eye on your rates. Look online for car insurance quotes every few months or even more often. You’ll keep low car insurance costs if you review what you should be paying for your auto every 6-8 months and if you know as many ways as possible to cut the overall cost of your car insurance rates.