When To Compare Auto Insurance QuotesComparing auto insurance quotes can help you to secure the best policy for your coverage needs at competitive insurance rates. To ensure that you get coverage that meets your individual or family needs, pay attention to specific coverage types.
Best Times to Compare Auto Insurance Quotes
Of course, there are several instances when you might want to compare auto insurance quotes.
Many of the instances involve life changes. For example, you will benefit from shopping for auto insurance coverage with multiple insurance companies when you:
- Relocate to a different city or state.
- Consider adding a family member to your car insurance policy.
- Remove a relative from your policy.
- Alter your marital status (e.g., get married or divorced).
- Are involved in an auto accident.
- Get your driver’s license suspended.
- Purchase a new car or truck.
Another instance when you will benefit from comparing auto insurance quotes is after you have been with the same car insurance company for several years. Seeking coverage through a different car insurance company is a good way to learn about specials and discounts that you can receive as a new customer.
Securing a new policy (or asking your current insurer about discounts they offer on certain coverage types) can lower your monthly and annual premiums.
Car Insurance Coverage Types
When you shop for low cost car insurance rates, make sure that the insurance provides you with the different types of coverage that you need. A good auto insurance policy might include:
- Bodily Injury Liability: The auto insurance company will pay for injuries that you cause to another person during an auto accident. This is part of most states' mandatory liability insurance requirements.
- Property Damage Liability: This is coverage for other motor vehicles or property that you are at fault for damaging during a collision. Like bodily injury, property damage is included if your state requires a liability policy.
- Personal Injury Protection: This is applicable in no-fault auto insurance states and covers your medical expenses related to an auto accident.
- Comprehensive Coverage: Covers your car or truck in the event that it is damaged due to a fire, vandalism, natural disaster, or theft.
- Collision Coverage: Protects your auto should you be hit by another vehicle, a rock crack your front windshield, etc.
- Uninsured Motorist: This is additional insurance protection that allows you to be reimbursed for damages caused to your body or motor vehicle by a driver who does not have auto insurance.
- Underinsured Motorist: This offers protection should a driver collide into your vehicle and cause damages that exceed the amount of car insurance they have written into their policy.
Tips to Get Lower Auto Insurance Rates
Choosing a higher deducible can lower your auto insurance premiums. However, remember that should you be involved in an accident, your vehicle get stolen, etc. you will be responsible for paying the deductible before your insurance company fully reimburses you for damages suffered by you or your auto.
Online car insurance companies make it easy for consumers to find competitive insurance rates. In fact, some major insurance firms allow to you compare quotes directly at their website.
When you shop for auto insurance rates, it is important that you ensure that the coverage you get meets state guidelines. Many state transportation departments list the minimum liability insurance levels you are required to carry at their websites.