8:00 - 17:00
Opening Hour: Mon - Fri
With the prices of everything going up and employers cutting jobs and salaries, saving money has become an essential element in the lives of a vast majority of people. Looking over the household budget and finding ways to save in the smallest amounts is now a major priority. Since almost every household has at least one car and every car has to be insured, automobile insurance is a good place to start looking for car insurance discounts and savings.
Ready to start comparing quotes? Enter your ZIP code above to get started!
Table of Contents
The increasing use of the internet has made it convenient to compare auto insurance rates and cover the different insurance companies provide. Also, due to the increased level of competition, with good searches it is possible to find the lowest possible rates from the convenience of one’s own home. Online search is fast, convenient and one can get very competitive rates that can suit all budgets.
When searching for the least expensive policy with the best coverage possible, relying only on the internet is not sufficient. Many insurance companies sell insurance over an 800 number, and not comparing prices of those with the ones found on the net only limits the options one has. The important point to remember here is that these auto insurance companies do not have to pay commission to field agents, so it stands to reason that these savings are passed on to the consumer.
The main issue here is that these companies are very selective. If one is a major risk on the road, then they may not qualify for one of the policies offered by the 800 guys. For the more cautious drivers who have not had any major accident claims and have not piled up tickets in the three years prior to requesting a quote, there is a good chance that they can get a good deal form these people.
State Farm has an 18 percent share of the auto insurance market, while Allstate holds its place at 12 percent. Each of these companies uses a different approach when it comes to insuring. Like the 800 insurance providers, they also use their own in-house sales agents, but that is where the similarity stops. Their agents operate out of local offices and are willing to insure all kinds of drivers, from the best ones to the most risky ones.
For a low risk driver an 800 insurer may be cheaper, while a high risk driver may not even get a policy from them. In that case, they will either have to go to someone like Allstate, State Farm or search online for one willing to insure a high risk driver.
If one has a driving record that is best left hidden, or if they are a male less than 25 years of age, single, and have never been insured before, then most insurance companies would rather not touch them. There are many state set companies that deal with atypical risks.
When all else fails, then the final option is to sign up with the state-assigned plan. While even this will cost significantly more than the typical low risk plans, at least one will have insurance. Then by practicing cautious driving one can dig themselves out of the hole in as little as three years.
Cheap insurance can be found in a lot of different places. However, there is nothing that will have greater impact on the price of an insurance policy that the kind of driving record one has. Maintaining a clean driving record and avoiding all traffic violations will help to reduce insurance costs the most. Some other factors that reduce costs include:
Finding an inexpensive insurance policy requires effort and plenty of research, but it is possible.
Enter your ZIP code below to compare quotes from multiple companies at once!
Auto Insurance FAQ