Comparing car insurance quotes is one of the best ways to uncover savings on your car insurance. In an Insurance.com rate analysis, we discovered you could save an average of $1,600 each year on a full coverage policy simply by comparing quotes with different car insurance companies.
Is it as easy as it sounds? Yes, it is. By following these five simple steps, you can quickly make a car insurance quotes comparison online and find the best car insurance rates and company for you.
1. Estimate car insurance coverage needed
The first step in comparing car insurance quotes is to review your current auto insurance policy to determine the coverage levels you need. If your current coverage levels are adequate, you already know precisely what coverages and coverage limits to ask for when you request quotes.
Suppose you don’t have car insurance currently or are seeking different coverage than what you have. In that case, our Car Insurance Coverage Calculator can be a lifesaver in helping you determine the types of coverages and limits you need. If you own your vehicle, you are only required to have your state’s minimum liability coverage. However, car insurance is all about preparing for the unthinkable. Therefore, we recommend making sure you are adequately insured to protect your financial well-being. The coverages to consider are:
- Liability coverage
- Comprehensive coverage
- Collision coverage
- Uninsured and underinsured motorist coverage
2. Estimate expected car insurance prices
Your current car insurance coverage is an excellent place to start when you’re trying to determine what car insurance prices to expect. We also recommend reviewing our rates by age, state and car.
When estimating expected car insurance prices, it’s essential to remember that your specific rates will vary depending on several factors that are unique to you.
3. Gather the required personal information and documents
One of the benefits of making your car insurance quote comparison online is that you can request and compare quotes all at once. To save yourself even more time, make sure you’ve got the information you’ll need at your fingertips. Here are some things you’ll need to request car insurance quotes.
- The names, birth dates and driver’s license numbers of all household drivers who need coverage on your policy.
- The make, model (and possibly VIN) of each car to be covered.
- Although insurance companies will pull your driving record at some point in the process, you should be prepared to answer some questions about your driving history and the driving history of anyone that the policy will cover.
4. Do a car insurance comparison
Request car insurance quotes from at least three different insurance companies. Make sure to request the same deductible, coverage and coverage limits from each company. This will result in comparable quotes that allow you to assess the best auto insurance rates for you.
If you’re doing a quote comparison online, you’ll likely have quotes to review within minutes. When your quotes are returned, look at each thoroughly. Consider the following questions:
- Which company offers the cheapest auto insurance?
- How do the rates compare with your current coverage or what you estimated?
- What discounts do you qualify for, and how much do they discount your premium?
- Were any additional coverages included that you didn’t request? If so, why?
- Is the insurer offering any value-added benefits like roadside assistance?
5. Choose the best car insurance company for you
In addition to considering the cheapest rates, it is vital to make sure you’re selecting the best car insurance company for your needs. The cheapest auto insurance is not always the best auto insurance. Do some additional research on your top choice to ensure they are financially stable and have good customer reviews for customer support, billing, and claims. You can do this quickly by checking their AM Best rating and J.D. Powers rating. Also, ask friends and family to share their experiences.