Whether or not it’s your first time looking for auto insurance, the process of comparing pricing and actually signing up can be stressful to go through. If you plan on driving a vehicle in the near future, you need to have a current auto insurance policy because it’s the law and will save you money if you are in a wreck (even if you’re not at fault). Finding a car insurance policy that meets your needs shouldn’t be complicated, and here are a few tips to help make the process go more smoothly.
1. Know the Coverage You Need
Before you can shop around for an auto insurance policy, it’s important to know what you actually need. Requirements vary by state, but most require drivers to have liability insurance on their vehicles.
Of course, you might also want or need to add comprehensive or collision coverage to your policy to help pay for damages to your car, no matter whose fault it is. This is typically required for financed or leased vehicles.
2. Pick Optional Coverage
Aside from the above-mentioned coverage, there are special optional coverages you can get depending on the auto insurer, including 24-hour roadside assistance, gap coverage, better car replacement, rental car reimbursement, deductible funds, lifetime repair guarantee, or new car replacement insurance. Contacting an auto insurer can get you more information about what they offer.
3. Consider Bundling Insurance
If you choose an auto insurer that also provides options to cover home and health, you might qualify for a discount by bundling all your policies with that same company. First-time buyers are often eligible for the biggest savings, but it’s something that can benefit anyone; be sure to ask about it when you’re requesting a quote from different companies.
4. Shop Around
Chances are you already know not to commit to the first company you find just because it seems to look good. It might turn out that they’re much more expensive than you have to pay!
Of course, when you shop around and get quotes from multiple companies, be sure to use the same exact information each time. For example, if you want full insurance coverage with $1,000 comprehensive included, make sure you say that when you ask for every quote.
5. Make Sure Your Quote Is the Best Price
The number you get from a potential insurer isn’t necessarily the best price you can expect. Never forget to ask about discounts you might qualify for, such as buying online, being an active or retired member of the military, bundling your auto insurance, or enrolling in a preferred payment option. Remember, it costs nothing to ask!
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6. Consider the Company’s Reputation
Respected agencies have a track record for reliability and customer satisfaction. Make sure you choose an insurer with personalized options with highly-rated reviews online. Ask friends and family for recommendations or what experiences they’ve had with a provider.
Remember, not every insurance company has the same discounts, which is why it’s important to take notes and shop around. It’s recommended to get quotes from multiple companies before settling on one of them, which helps you ensure that you’ve chosen the best one for your needs.
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