{"id":511,"date":"2022-03-25T19:33:34","date_gmt":"2022-03-25T19:33:34","guid":{"rendered":"https:\/\/www.freeway.com\/knowledge-center\/?p=511"},"modified":"2023-09-21T22:49:41","modified_gmt":"2023-09-21T22:49:41","slug":"5-tips-comparing-car-insurance-rates","status":"publish","type":"post","link":"https:\/\/www.freeway.com\/knowledge-center\/auto\/saving-money-on-auto-insurance\/5-tips-comparing-car-insurance-rates\/","title":{"rendered":"What Are the Best Ways to Compare Car Insurance Rates?"},"content":{"rendered":"\n
What if you were letting good money go to waste each month?<\/p>\n\n\n\n
That’s what it’s like with auto insurance for many drivers. When they stick with the same company, it’s impossible to get a really low rate. If you want an easy way to get a lower cost, then you need to compare car insurance quotes to get the best possible package.<\/p>\n\n\n\n
How can you make sure you get an accurate quote comparison? First, it\u2019s a good idea to know the nationwide averages ($1,600 per year) so you are an informed consumer about average rates. Second, understand your state\u2019s minimum coverage requirements. Third, follow these simple guidelines and you\u2019ll be able to discover the best ways to compare car insurance rates<\/a>\u202famong all the options available to you. Always give complete information to get the correct results.<\/p>\n\n\n\n To get accurate\u202fonline\u202fquotes, you need to make sure that all the policies are on the same playing field to compete for your money. The best way to do that is to settle on a specific liability limit, use the same basic information and plan to see what\u202fquotes you\u2019ll be offered for the same limitations and protection.<\/p>\n\n\n\n When comparing insurers, you want to make sure you aren’t comparing apples to oranges. For example, you’ll always get quoted a lower price for very little protection compared to higher levels. It’s important to select the same limits and term types to make sure you are getting the most accurate car insurance quotes and comparisons. If you want to add something that will help pay medical bills, check into personal injury protection or medical payments. Not all states offer both personal injury protection and MedPay, but if it is offered in your state, it\u2019s worth looking into \u2013 especially if you don\u2019t have health insurance.<\/p>\n\n\n\n In other words, how much coverage you get is often the most important factor when it comes to how much you pay. By exploring different types of plans, you can get better deals on your policy.<\/p>\n\n\n\n Being clear can help you avoid making a mistake. When\u202fcomparing plans, many people buy a lower-priced policy<\/a> without realizing that it provides less protection or doesn\u2019t provide enough liability compared to one that provides as much coverage for only a few dollars more. It is important to research these prices and additional details when they offer similar plans to ensure you are getting the best deal for your money without regret. Most basic liability coverage (minimum coverage requirements) offers a minimal amount of bodily injury and property damage protection.<\/p>\n\n\n\n As with liability limits and plans, you must choose a similar deductible when comparing quotes.\u202fComparehow much you\u2019ll have to pay in premiums after the deductible. By settling on a price you are willing to pay out of pocket, you\u2019ll be able to see how much you would have to pay in premiums while also seeing how high of a protection limit you\u2019ll be offered. This can help you zero in on a policy that will give you the lowest price on a premium for the same amount of protection.<\/p>\n\n\n\n While comparing similar deductibles is the key to a good comparison, it\u2019s a good idea to get car insurance quotes for different deductible amounts as well. For example, you may discover ways to get lower quotes than you are paying while still getting the policy you are looking for, by using a higher deductible. If you want lower rates, be flexible about the kind of plan you choose to protect yourself and your car. Remember, a higher deductible will get you a lower monthly sticker tag.<\/p>\n\n\n\n You want to get the best protection you can for yourself and your family. But you should be realistic, as well. If you are driving an older automobile, you don\u2019t want to insure it for more than it\u2019s worth. In other words, how much could you reasonably expect to sell it for? Make sure your premium isn\u2019t more than that.<\/p>\n\n\n\n If you want to get the\u202fbest, you need to comparison shop and take a look at the multiple options available to you. If you want to get an accurate\u202fcomparison, you\u2019ll need quotes from at least four to five different providers. This will show what prices are available to you and if there are any differences in coverage among the providers you have researched. Then choose the one that will fit your needs the best.<\/p>\n\n\n\n Getting multiple car insurance quotes can also help you weed out any disreputable providers. If you are\u202fcomparing \u202faverage costs and see one that is much lower than the rest of the field, it is probably too good to be true. They could be excluding certain types of coverage or making inaccurate assumptions about your driving profile.<\/p>\n\n\n\n If you want to know more about an insurer\u2019s reputation to protect yourself from being scammed, you can do some research through\u202fA.M. Best<\/a>, an organization that objectively compares car insurance companies to protect customers.<\/p>\n\n\n\n Getting different quotes from different insurers is important for young drivers in particular since their plans tends to be so expensive. This may help young people afford more than just the minimum coverage requirements. In addition, regardless of age, getting many quotes can help you get a comprehensive and collision coverage policy that you thought you couldn\u2019t afford.<\/p>\n\n\n\n The best car insurance companies make it easy for you to get quotes. By getting multiple quotes from multiple sources, you can get the right coverage you need while still getting a great deal on your policy.<\/p>\n\n\n\n Okay, so you have looked through five or more\u202fquotes\u202fthat offer the same liability limits, have similar plans, and are at the same deductible, but you still can\u2019t make a decision. Now what? It\u2019s time to do some extra digging.<\/p>\n\n\n\n Look closely at each insurance policy to pick out the finer details. It could be that some policies offer less or exclude certain protections compared to others. On the other hand, there could be policies that include certain extra benefits, such as covering towing costs or rental reimbursement. Little details like these can help you determine which insurer is the best for your needs and your wallet.<\/p>\n\n\n\n1. Select the Same Liability Limits and Coverage<\/a><\/h2>\n\n\n\n
Don\u2019t Assume Cheapest is Best<\/h3>\n\n\n\n
2. Set Similar Deductibles<\/a><\/h2>\n\n\n\n
Is Less Coverage Right For You?<\/h3>\n\n\n\n
3. <\/a>Best Ways to Compare Car Insurance Rates is by Getting Several Quotes<\/h2>\n\n\n\n
Play the Field if You are a Young Driver<\/h3>\n\n\n\n
4. Look Closely at Policy Details, Exclusions and Additional Services<\/a><\/h2>\n\n\n\n
Ask for Advice from an Agent<\/h3>\n\n\n\n