How to Compare Car Insurance Rates

Thursday, August 27, 2009

It's a very easy process to compare car insurance rates. First you need to find a company that will not only give you their quote, but compare it with other companies too. There are many out there that are leading to this way of processing possibly new customer quotes.
Not only does it make them look better, but the consumer appreciates the fact that it's being done. This may lead to the choosing of that company most times, even if they seem to be a bit higher than other rates that have come up.
But you also need to keep in mind that these quotes that you get when you compare car insurance rates aren't always the same. Some may be policies that last a longer time, or higher deductibles even. They are close to the same plan, but those little things can make a huge difference.
Think of it as this, paying a down payment is going to be required in most any company that you buy car insurance for. But some will allow you to make two payments, four payments or six payments even on a plan. Perhaps more, but this is only a quick example.
Say you place the same hundred down for each, but one shows you make payments of three hundred a month, the other two hundred, and finally one that has two hundred and fifty. Unless you compare those amounts of payments, you will probably go for the cheapest one. But after you've signed up you notice you have six payments of hundred, which is six hundred total, the other two are cheaper.
So if you are only looking at numbers don't stop and compare it closer. Two payments of two hundred are cheaper. Saving you money overall, so read all that you get in these compare car insurance rate quotes.

Saving Money on Car Insurance Quotes

Though the economy caused a great deal of people to become financially insecure does not mean you should have to stress about the cost of your auto insurance policy. Auto insurance is important for all drivers to have as well as it is required by law.
There are a number of ways to save money on car insurance quotes that most people are unaware of. It is true that an older vehicle will cost less to insure than a newer car but it is, however, untrue that a smaller vehicle will cost less than a bigger vehicle. Larger vehicles are known to sustain a lot less damage than a smaller vehicle will which makes them less expensive to drive in terms of auto insurance.
When purchasing a vehicle you should research the safety and reliability ratings of the vehicle. Certain vehicles are crash test rated higher than others which means that the damages they incur will be less. Keep this in mind when you choose to cover damages to your vehicle. If a vehicle is know to sustain less damages you should look into insuring damages to the other party's vehicle instead in case an auto accident should occur. Vehicles which are known for reliability will not need to be covered under towing policies.
Many insurance companies offer more than auto insurance. If you find a company which can hold your car insurance, homeowners insurance and medical insurance coverages all in one then you may qualify for a discount. Often times insurance companies offer these discounts to their customers in order to get them to purchase all of their insurance needs through them.
If you have never completed driver's education or safety driving courses you should look into doing this. There are a number of auto insurance companies who are willing to drop the cost of your insurance policy knowing that you have taken either one of these courses. Having these courses and a clean driving history under your belt make you less of a risk for the insurance company and that means less out of pocket expenses towards your auto insurance policy.
When shopping for insurance quotes you will often find that it is cheaper to pay your insurance coverage every few months instead of every month. Ask for this option when purchasing car insurance. Many auto insurance companies will charge you a monthly fee and if you are able to pay your auto insurance once every three or six months you will save yourself some of the cost of these monthly fees.
Knowing what can save you money on your car insurance quotes can be a huge stress reliever. Having an expensive car insurance policy can hurt a person financially. If you are able to save money on your insurance quote you can rest easier knowing that you are covered in the event of an accident and that you are able to afford your coverage rates.

Get Car Insurance Quotes For New Drivers

It doesn't matter what age you have you need to have auto insurance, every state in the US requires you to have at least the minimum coverage, however is always important to get the most coverage that you can afford to protect your financial assets and you life in case of an accident.
If you are a new driver you need to look for car insurance quotes and compare rates, however as you may already know car insurance for teenagers and new drivers is expensive, that is because new drivers have no experience and are more prone to have an accident, but also because teenagers cause most of the fatal accidents.
So even if you are a safe driver you will have to pay high rates, but dont worry you can still get better rates, you can ask for discounts and lower your rates if you follow some simple advice.
Use a car that has low value and that is not expensive to repair or replace, new expensive cars and sports cars pay high rates.
Keep your vehicle mileage low, if you drive less you are less prone to get in to an accident, usually a person that drives less than 10,000 miles a year gets a better rate than someone else than drives more, however try to keep your mileage as low as possible and you may get even better rates.
If you are going to drive your car just to school say that to your insurance agent, maybe you dont need the car to drive at night or on weekends that may lower your rates.
There are companies that will give you a discount for not driving at nights, for example if you dont drive from 11:00pm to 6:00pm you get a discount.
Take a driving course, as a new driver you dont have experience if you take a course the insurance agent will be more kind with you and give you a discount.
But most importantly compare auto insurance quotes online, shop around and every year compare quotes. To get a quote online is very easy you just have to provide your personal and vehicle details.

7 Car Insurance Myths and How They Affect You - Do You Know the Truth?

Myth #7: "The color of my car contributes to how much I pay for insurance."
Truth: The color by itself doesn't affect how much you pay. It may, however, affect how visible you are to police. If you're prone to speeding, you may be more likely to get a ticket... and that will certainly affect your car insurance rate.
Myth #6: "If I lend my car to a friend and that friend is in an accident, his or her insurance company will pay for the damages."
Truth: Your car, your responsibility! However, your friend's insurance could act as excess insurance if the damages exceed your policy's limits. And even though you weren't present at the time of the accident, it will go on your insurance record & your insurance premium will go up.
Myth #5: "My laptop, books, CDs, iPod or anything else in my car is covered if it's stolen."
Truth: Your car insurance policy only covers your car. Contents within your car are only covered by Home Owner's or Renter's insurance.
Myth #4: "My age is the determining factor in my car insurance rates."
Truth: Your car insurance takes into account the number of years of driving experience you have, not your age. Most people assume this as most people get their driver's license at age 16 and see that their insurance get's cheaper as they get older. It wouldn't matter if you got your driver's license at age 50. You'd still be a new, inexperienced driver and the cost of your insurance would reflect that.
Myth #3: "I don't need to buy the extra insurance offered to me when I rent a car."
Truth: Depending on your coverage you may not. The same coverage you have on your car will apply to the rental car. If you have only liability coverage, then any damage to the rental car is not covered. If you have comprehensive and collision coverage, your rental car will be covered, however, you'll still have to pay your deductible. Plus, it's possible that the rental company may continue to charge you for the rental car while it's being repaired.
Myth #2: "My car insurance covers my car whether I use it for pleasure, commuting or for business."
Truth: The insurance companies base your rate on how you use your car. If you tell them it's only to commute to and from school but you're also using it to deliver pizzas or take your clients out on business trips, you may be denied coverage if you get into an accident.
Any business use of your car should be disclosed to your insurance company. They may charge you a couple more dollars (it's generally a pretty small increase) but it's important that they know. Be sure they know the truth about how you use your car or you may be paying for nothing.
Myth #1: "As long as I have an insurance ID card, I don't need to pay for my insurance."
Truth: In California, your registration will be suspended if you do not keep your insurance policy in good standing. Not to mention, if you get into an accident, you are responsible for the cost of everything (damage to cars, injuries, loss of income, pain and suffering, etc.). The insurance companies now report driver's whose policies have lapsed so be sure to pay your bill.

New Driver Car Insurance - Can You Get a Discount?

As a new driver you need to look for car insurance that is affordable and that will fully cover you, lack of coverage is a risk that you should not take because your car and your life are at risk when you get in to an accident and you need enough financial support to help you out.
Unfortunately new drivers car insurance is expensive, this is because teenagers which are usually new drivers, according to car accident statistics cause most of the accidents, therefore for auto insurance companies they are a high risk.
So you need to look for alternative ways to reduce your rates, here are some things that you can do:
- buy a car that is not expensive and that is not a sports car - take a driving course certificate, which helps you to reduce your rates - have good grades at school, most companies will give you a discount - install safety devices on your car - keep your car mileage low
For example if you drive less than 10,000 miles a year you will get a better rate than if you drive 20,000 miles a year. The more time you drive the higher risk you have of getting in to an accident, try to use your car just when is very necessary.
Avoid getting any claims and tickets, if you drive safely and keep a clean driving record you will be able to reduce your rates a lot in the next years.
As a new driver you have a lot of responsibility and you need to show your auto insurance company that you can drive fine. After a year of a clean driving record you may ask for a reduction in your rates or just shop around to see if another company give you a better rate.
Now all you need to do is shop around compare quotes and choose the company that you like, choose one that has good customer support and that is reliable.