If you’re in the market for a new car or the insurance policy on your current vehicle is about to expire, you’ve probably heard about the benefits of shopping around for your auto insurance. Rather than simply opting for the renewal quote offered to you by your current auto insurance company, it’s worth taking the time to compare quotes, shop around for different options, and try to find an insurance policy that is the right price for you. You can often save much money by shopping around and trying to get the best deal, but how exactly should you do that? We’ve put together some top tips to help you get the best deal and get the most from your efforts.
Start on Comparison Sites
Usually, the best place to start when shopping around for car insurance quotes is comparison sites. These websites provide a quick and easy way to discover a huge range of quotes for your auto insurance policy and compare prices in one simple and easy place. Using a comparison site is typically quite straightforward; all you need to do is enter details about yourself and your vehicle to bring up results from a range of different insurers and compare options to determine the best one for you. Remember that some insurers only work with certain comparison sites, so it’s a wise idea to use a few different ones to get a broader range of quotes.
While comparison sites are ideal for getting a wide range of quotes to consider, bear in mind that not every insurance company will be available through a comparison site. Some insurers only work with customers directly, so it’s a good idea to figure out if there are any that aren’t coming up when you use a comparison site. This way, you can go there directly to see if they can offer you a better price. Most insurance companies provide a quick quote option on their website where you can easily enter your details to find out what they could offer you.
Try Specialized Insurance Companies
Some insurance companies offer policies aimed at a certain type of driver, such as the AARP auto insurance provided through The Hartford for drivers over 50. By only supplying AARP auto insurance to drivers of this age range through an exclusive membership program, they can often provide cheaper premiums since older drivers tend to be safer on the road. Suppose you fall into a group or category due to your age, job, or any physical conditions that you have. In that case, you might find a cheaper deal by opting for a specialized insurance company aimed at people like you compared to one that caters to every type of driver.
Update Your Information
When getting car insurance quotes, make sure that the information you provide is correct and up-to-date. Even the smallest of differences to things like mileage or the amount of time you have been driving can make a big difference to your pay price. Mileage is especially important since the less you drive, the lower your risk of being involved in an accident will be. Therefore it’s more likely that you will get a better deal for your car insurance.
Share with Another Driver
Suppose you have a spouse or kids who drive their car. In that case, you may be able to potentially save money by opting for a multi-car policy that covers all the vehicles in your household. Rather than having separate car insurance policies for each car that your family drives, consider calling the insurance companies and getting quotes for moving to a multi-car policy, which can often be one of the best ways to save money.
Negotiate with Your Current Insurer
Finally, another good way to drive the cost of your car insurance down is to negotiate with your current car insurance provider. If you don’t want the hassle of getting a brand-new insurance policy but want to keep costs as low as possible, it might be worth finding out if your insurer offers any price matching deals that you can take advantage of. Once you have gotten cheaper quotes from other insurers, it’s worth getting in touch with your current auto insurance provider to see if they would consider matching the price that you have been offered. After all, insurance companies are businesses that want to keep their customers.
Shopping around for your car insurance is recommended by financial experts to help you get the best deal when making sure that your car is covered in the event of an accident on the road. There are several ways to find the best deal on your next car insurance policy, whether it’s using a comparison site or getting in touch with your current insurer to negotiate a lower price.