Car insurance policies are rarely thought of by most people unless they are shopping for a cheaper policy. Finding cheap car insurance is not always an easy thing to do in this age of marketing. When you think you are getting a good deal, you might actually not be. It is up to you to do your homework and study the car insurance basics to get the best deal. While it may be difficult to find, there are some ways to get cheap car insurance policies. Here are a few things to consider if you are in the market.
One thing that people often overlook is the ability to get a discount by using the same insurance company for everything. Most people will have insurance for their car, renters insurance, homeowner's insurance, and life insurance. Instead of shopping for your car insurance with one company and homeowner's with another, just see what one company could do everything for. If you have multiple cars, you will get an even better deal. Having all of your insurance together will be easier on you as well, as you only have to make a single payment.
Car Insurance Cooperatives
Using a co-op is one way to get insurance that many people do not even know about. A co-op is a group of people that use their numbers to get a discount on car insurance. The difference between these companies and traditional insurers is that they do not try to make a profit. Their main goal is to give drivers cheaper auto insurance. Therefore, they do not have several levels of management and executives to make richer. They have a few basic employees that work for a modest salary. Beyond that, they do not have a lot of overhead.
If you have a claim, they will still send highly trained car adjusters out to the scene to assess the damage. You will receive a fair settlement for the damage just as you would from a regular insurance company. Co-ops are usually limited to a certain geographical area such as a state or city. Therefore, you may or may not be able to save with this method.
The emergence of the internet has changed things drastically for shoppers of every product. Car insurance is no different. In fact, there are a number of resources out there that will help you compare car insurance prices. Independent review sites are a great resource for getting the information you need. They will have information about all of the major car insurance companies out there for you to review.
Once you find a few companies that interest you, go to their individual websites. From there, you can get a more specific quote that will actually be official. Once you do this, you can determine exactly who is cheaper.
Call the Companies
Once you get the online quote, you can call and haggle with your local agent. Car insurance is extremely competitive and they will offer you extra incentives to go with them. They want your business and will make it worth your while to buy from them.