Best Auto Insurance - How To Find It The Right Way?
Most students are tired of paying for their education, but it's a necessity. It can be complicated to find the best auto insurance, and with prices going up as technology advances and the number of miles driven increasing, it's easy to understand why. If you're serious about finding the best for your budget and future needs, then you need to take into account more than just price when looking at car insurance. Here is our guide on how to find quality car insurance that will provide you protection without breaking your bank.
You have to start with your age, driving record, and credit history. Young people are statistically more likely to file a claim than older drivers. Even though they drive less than their elders, they have a higher rate of accidents, tickets, and violations. That's why they get charged more even after taking into account all the other factors. If you are under 25 or have had several infractions you can be looking at premiums that cost almost twice as much as someone older with a clean record.
Don't just look at the rates without accounting for your mileage and usage. Premiums can vary wildly based on how often you drive and over what distances. You can anticipate a good deal if you don't use your car that much. This is why it's usually cheaper to take public transit or otherwise not drive to school or work every day. If you drive a lot and live in a high-risk area, then your premiums are going to be higher because of the more frequent claims filed by other drivers in your region. If you do drive regularly, find the best route and avoid high-risk areas.
Mileage affects premiums as well. The more miles you put on your vehicle, the more likely that you will want to make claims for damages in an accident or for maintenance over time. A perfect example of this is that you can pay as much as $700 more for a 5000 mile policy versus a 1,000 mile one. If you do most of your driving locally, then consider paying a little more to drive fewer miles in order to save money. An experienced independent agent will help you find the best plan for your needs and probably offer better rates than what you can get from the big insurance companies.
If cost isn't an issue, think about getting insurance from a non-profit organization like AAA or Allstate. Both are well-reputed companies that won't put profit over your safety and security. They don't have to abide by the same laws as the for-profit insurance companies do and can offer you lower prices because of this. Even though it's well known that these organizations have lower premiums, it's usually because of the mandates to offer lower rates or deny coverage altogether. If you get an insurance policy through one of these companies, your premiums will still be lower than buying from the commercial giants.
If you are in a hurry, then purchasing an instant plan might be what you are looking for. Although they will save you money in the short run, they won't provide much protection if something happens in your life that causes you to temporarily lose your insurance. In these rare cases, you can end up paying more in claims. Instead of getting that instant policy, consider getting a year or two of coverage from a non-profit company like AAA or Allstate. They aren't for profit so they won't have to rate limit you like the big commercial companies do.
If a for-profit company has the best rates on any car insurance plans, then chances are good that they will give you lower rates than those offered by smaller, non-profits. Despite all this talk about competitive pricing and what you might save with an instant plan saleswoman with big firm breasts at the dealership is going to be just as expensive as one with tiny boobs at an independent agent's office.
Comparing the different types of coverage is important as well. There are many different types of insurance, and you need to find the one that is right for your circumstances. You have to take into account what you will be using the car for more than how often you drive it. If you commute to work or school every day but only need a car to get you around town, then it probably makes sense for you to pay extra for comprehensive coverage. That will offer more protection against things that could happen if an accident occurs on a trip (like having your roof repaired) than if it were in daily driving (such as hitting a squirrel).
Other kinds of insurance are available such as disability and dental plans. These are designed to cover the needs of people that are partly or completely disabled. Most people don't need these benefits, but if your health is in question for any reason, then it might be wise to consider them.
Premiums will go up with all these factors that we have talked about: age, driving history, and how many miles you drive. Commercial insurance companies don't have to abide by the same laws as independent agents so they can do whatever they want with their rates. With non-profits and independent agents, you can only use a broker that follows state laws so they can't offer cheap plans for just one or two years like the ones from for-profits. Having a policy through an independent agent will cost less on a monthly basis than other plans because they don't have to manage claims or pay the overhead costs of large corporations.
If you get a good insurance broker, then you don't have to worry about price much because you will be able to get the best deal for your needs and circumstances. If you don't know where to start your search, then use our guide on how to find quality auto insurance for something to make things easier for yourself. Hopefully this will help with finding that perfect car insurance plan. Last updated 3/22/10.
This blog and its author is not affiliated with any of the companies mentioned in this article.
For more information on the types of car insurance available, please visit our car insurance page. http://www.trustedchoiceagent.com/auto-insurance/car-insurance-types.html
There are a lot of companies that offer quality coverage at reasonable rates. We have listed some of our favorites below along with some great deals for you to consider!
Progressive Direct – The Progressive Auto Insurance program has been around since 1937 and claims to be the country’s third largest auto insurer. I personally feel like that is a bit on the low side, but I could be wrong! One thing I am certain of though is that they offer competitive rates and coverage packages that are tailored to meet your needs.
Conclusion: I feel like Progressive is a good company to consider when shopping for auto insurance because they consistently provide good coverage at a reasonable price. If you are looking for a company that will give you something you deserve, then I would definitely want to recommend Progressive.
I Love My Car – When shopping for auto insurance, make sure that the company has been around since 1878 and is familiar with the local area where your vehicle will be maintained.
Conclusion: It was mentioned in this review that I Love My Car may be one of those companies where you get what you pay for.