Car Insurance Comparisons Help
Our goal is to provide you the information you need to make a smart car insurance buying decision, and to provide the option of receiving auto insurance quotes from numerous different major insurance companies. We want to make the car insurance buying process faster and easier for you.
Car insurance is required in most states by law and there are many options from which to choose. We can help you compare insurance coverages and rates by providing quotes from various insurance companies. We can also help you compare the discounts and plans offered by the major insurance companies. Understanding the different options available before purchasing car insurance is important for your vehicle and financial well being. Car insurance comparisons need to take into account levels of deductibles as well as the different types of auto insurance coverage, such as collision, comprehensive, bodily injury and uninsured motorist coverage. Different states have different rules about whether a type of insurance is required. States will also vary in how much coverage, in dollar amounts, is required.
It’s easy to get stuck in a rut with your auto insurance, especially if you have few complaints about your current insurance company. But failing to do a car insurance comparison at least once a year can cost you a lot of money – potentially hundreds of dollars. Car insurance premiums and rating methods are constantly changing. You will frequently find that the insurance company quoting you the best rate one year will be higher than the competition after one or two renewals.
Why should you compare auto insurance? Here are some key reasons:
Rates may vary for the same coverage
Each time you compare car insurance quotes, you receive a range of price levels for identical coverage. Why do rates vary from one company to another for the same coverage?
When determining your rate, an insurer looks at factors such as your age, driving record and claims history. The insurer also notes the type of car you drive and other factors, such as where you live, whether or not you keep your car in a garage, and the insurer’s own claims history.
Each car insurance company has its own formula for determining how such factors affect rates. So, your rate may vary from company to company, even for the exact same type of coverage. This is a key reason why it’s so important to compare car insurance rates.
Car insurance companies change their rates
Carinsurance companies stay competitive by changing their rates. If one company begins offering “accident forgiveness” or “pay-as-you-drive”insurance, you can bet that its competitors will soon find ways to lower their own rates so they remain attractive to drivers looking for cheap car insurance. You will often find that an insurance company will have a different rate level for new policy holders that is lower than the premiums for their current customers. These insurance companies are hoping that current customers will not shop around and discover that they can purchase their auto insurance coverage for less.
By shopping around, you may find an insurer’s rate is lower today than it was the last time you decided to compare car insurance.
Your car insurance needs may change
As your life circumstances change, so do your auto insurance needs. A single, 22-year-old driver usually requires a different level of coverage than a 40-year-old married parent. This is another reason it’s foolish not to compare care insurance rates.
Events that may trigger the need to undertake a new auto insurance quotes comparison include:
- Getting married
- Having children
- Passing certain milestone birthdays
- Purchasing a new car
- Buying a home
Auto insurance comparisons can help you find the best coverage for your changed circumstances at the cheapest rates.
It’s easy to compare car insurance rates online
In the past, auto insurance comparison involved making several phone calls or visiting several insurance agents in their offices. Today, it’s easy to compare auto insurance rates is to use an online tool, 24 hours a day.
When you compare insurance quotes online, you get an instant answer about your auto insurance options. You can also purchase your policy online, putting instant insurance coverage at your fingertips.
For example, by plugging your ZIP code into buycarinsurances.com’s rate “Quote and Compare” box, you can quickly compare insurance rates from some of the best auto insurance companies.
Auto insurance quotes comparison a must-do for savvy shoppers
Each auto insurance company has many different groups of policy holders, and the rates are different for each group. Every insurance company is legally required to set its rates based on its own experience with claims payments and expenses associated with each rating group. That means rates can vary considerably from one car insurance company to the next, even for the exact same driver. That’s why it’s so important to do your homework when it comes to auto insurance quotes comparison.