Expensive car insurance can drain your personal savings, especially in this economy. Doing a price comparison is a smart way to help make ends meet.
Insurance companies such as State Farm, Progressive and GEICO all claim big savings, bombarding you with catchy ads and consumers find it hard to see through the cute green geckos and mayhem and take the time to shop coverage around.
There are a variety of methods you can shop for car insurance but there is one way that is less labor-intensive and much quicker. You could waste time discussing policy coverages with local insurance agents in your area, or you could use online quotes for quick rates.
Many companies belong to a marketplace where insurance shoppers enter their policy data once, and each company then gives them pricing based on that information. This saves time by eliminating quote forms to each individual car insurance company. To participate in this free quote system, click here to start a free quote.
The only downside to comparing rates this way is you don’t know exactly which carriers to receive prices from. So if you prefer to pick from a list of companies to receive pricing from, we have a listing of car insurance companies in your area. Click here for list of insurance companies.
Whichever way you use, compare identical coverage information on every quote you get. If you compare different limits and deductibles on each one it’s impossible to determine the lowest rate for your Toyota Supra. Slightly different insurance coverages can mean a large discrepancy in price. And when comparing car insurance rates, know that obtaining a wide range of quotes will increase your chances of finding a lower rate.
Insuring your fleet can be pricey, but companies offer discounts to help bring down the price. Some trigger automatically when you get a quote, but less common discounts must be asked about before they will apply.
A little note about advertised discounts, most credits do not apply to the entire cost. Most only cut the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears having all the discounts means you get insurance for free, companies don’t profit that way. But all discounts will bring down the amount you have to pay.
To see a list of providers offering car insurance discounts, click here.