6 Ways to Find the Best Auto Insurance Rates
Chances are if you own a vehicle, you also have auto insurance. Shopping for auto insurance rates can seem confusing, particularly because prices are based on many different factors with a few determined by the driver. So how does anyone find the best auto insurance rates? Here are some tips for finding the best quotes around.
1. Shop Where You Live
Many auto insurance companies claim to have great rates, but they may actually have higher insurance rates in certain cities or states based on factors such as dense driving areas and high theft statistics.
Remember: If you’ve recently moved, your auto insurance company may adjust your rates. Make sure to shop around and compare quotes to make sure you’re getting the best deal.
2. Maintain a Good Driving Record
Discounts are usually provided for insurers with safe-driving records. Avoid any driving situation that could give you a moving violation or cause for a possible accident to ensure you’re getting the lowest insurance rate.
3. Keep All Vehicles Insured with the Same Company
Most insurers will receive a discount for adding all the vehicles in your home under the same auto insurance company.
4. Check for Discounts
There are typically price breaks or discounts for insurers who:
Pay the entire annual or six month premium up front.
Receive paperless statements.
Bundle their auto insurance with other insurance policies, such as homeowners or renters.
Have all drivers on their policy maintain good driving records.
5. Consider Insurance Costs for a New Vehicle
There are a lot of considerations to make when shopping for a new or new-to-you vehicle, one of the key factors should be the average rates for the make and model of your next car. Certain vehicles may have higher claim rates, so you’ll want to research the next potential auto purchase.