Car insurance is the second largest expense of owning a car. Finding affordable car insurance requires some research, but free online car insurance quotes can make the job easier. Many auto insurance websites like this one offer quotes from multiple carriers allowing consumers to compare the prices of different companies quickly and easily.
Compare Rates before Buying a Policy
Insurance rates vary between companies and most financial advisors suggest that consumers compare quotes from at least three auto insurance carriers before purchasing a policy. Many websites offer quotes from up to five insurers for rate comparisons. The lowest rate may not offer the best value, so smart consumers must also compare the financial stability and reputation for customer service of companies they are considering as insurers.
Check Rates for Different Car Models
Rates are determined in part by the type of car a driver owns. Consumers who are purchasing new cars may check the rates for several models with online car insurance quotes to see which is the least expensive to insure. As a rule the least expensive cars to insure are family vehicles like minivans, crossovers and small SUVs in the middle price range. Buying a car which is less expensive to insure saves money over the entire time the driver owns the car.
Renewing an Existing Policy
Many drivers renew existing policies without comparing their renewal rates with the rates of other companies. While their current policy may have had the lowest rates when it was purchased, but the renewal rates may be higher. By comparing the rates of their renewal policy with the rates offered by other companies, drivers can be sure they are getting the cheapest car insurance possible. Online car insurance quotes make it simple to check the rates of leading carriers.
It is smart to compare rates from different insurance companies following a change in lifestyle. Marriage, the purchase of a home, and even retirement can all affect car insurance rates. Since the way insurers determine rates varies, a lifestyle change is a good reason to compare rates to find which companies offer the best deals. When drivers turn 26 years old, they enter a new risk group and this is another good time to compare rates with online car insurance quotes.
Getting Online Car Insurance Quotes
In order to determine the rates of each driver, car insurance websites usually request information about the driver’s age, driving record and the type of car they own. It is important that these questions are answered truthfully for an accurate quote. Online insurance quotes are only an estimate of the cost of insurance and actual premiums may be slightly higher or lower than the original quote.
In tough financial times it is important to save money wherever possible. Comparing cheap online car insurance quotes can help consumers save money quickly and easily by providing the rates of several carriers within just a few minutes. Every driver has to have insurance so it makes sense to find the cheapest car insurance possible. Even teenagers can find cheap car insurance for young drivers.