Get the Best Car Insurance Quote to Match Your Needs Are you looking to purchase car insurance or want to save money on your existing policy? Getting the right auto insurance coverage at an affordable rate can be confusing. This comprehensive guide to car insurance will explain everything you need to know, from getting free quotes and understanding different policies to finding the best discounts. Read on to learn insider tips that could save you money when buying or renewing your auto insurance.
What is car insurance?
Car insurance provides financial protection against losses related to your vehicle. An auto insurance policy covers damages from collisions, theft, vandalism, weather events, and more. It also provides liability coverage if you cause an accident that injures other people or damages their property.
Here are the main types of car insurance coverage:
- Liability coverage pays for damage you cause to others
- Collision coverage pays for damage to your car from an accident
- Comprehensive coverage pays for car theft or damage from weather or fire
- Uninsured motorist coverage protects you from uninsured drivers
- Personal injury protection covers medical expenses for you and your passengers
Getting the right amount of each type of insurance coverage can prevent you from paying high out-of-pocket costs if an accident or incident occurs.
How much does car insurance cost?
Car insurance rates vary widely depending on factors like:
- Your age, gender, and marital status
- Your driving and credit history
- The car you drive
- Your coverage limits and deductibles
- Your location
On average, U.S. drivers pay around $1500 per year for car insurance. However, rates for the same driver can differ by hundreds of dollars between insurance companies.
That’s why comparison shopping is crucial to getting the best auto insurance quote and saving the most money possible.
How to Get a Car Insurance Quote
Getting a free, customized car insurance quote only takes a few minutes. You can request quotes online, over the phone, or by working with an independent insurance agent.
Online quotes offer convenience, while insurance agents provide expert advice to match you with the right policy.
Here are some tips for getting accurate car insurance quotes:
- Compare quotes from at least three top insurance providers to find the best rate
- Get quotes periodically to catch discounts and changing rates
- Quote similar coverage amounts for accurate comparisons
- Provide detailed information, like driving history for personalized quotes
- Ask about bundling home and auto insurance for multi-policy discounts
Use the form below to start comparing free car insurance quotes now.
What Affects Your Car Insurance Rate?
Many different factors determine what you’ll pay for auto insurance coverage. Insurance companies carefully calculate your risk profile before offering a personalised rate.
Here are the top things that affect your car insurance costs:
Drivers with past incidents like speeding tickets, at-fault accidents, and DUIs pay higher rates. Maintaining a clean driving record is the #1 way to lower insurance premiums.
Statistics show drivers with poor credit tend to file more claims. In most states, insurers check credit and assign rates partially based on your score.
Coverage Type and Level
The more coverage you buy and the lower your deductibles, the more you’ll pay for car insurance. Consider dropping comprehensive/collision coverage on older cars.
Insuring sports cars, luxury vehicles, and performance cars costs more due to repair costs, theft risk, and accident rates. Family sedans and minivans tend to have the cheapest insurance.
Age and Gender
Younger drivers and male drivers have statistically higher accident rates, so they pay more for coverage. Rates start dropping around the age of 25.
Location and Use
Drivers in areas with higher accident rates, crime rates, and natural disasters pay more for coverage. Also, adding business or rideshare use increases your risk profile.
By understanding these key factors, you can make smart decisions to lower your auto insurance costs.
10 Ways to Save on Car Insurance
Want to pay less for coverage? Here are 10 simple strategies to get cheap car insurance:
1. Comparison Shop Yearly
Rates and discounts change all the time. Get fresh quotes to snag lower premiums as companies compete for business.
2. Ask About Bundling
Combine auto and homeowners (or renters) insurance with one company for a big discount of 15% or more. Bundled policies are cheaper overall.
3. Increase Deductibles
Choose higher collision/comprehensive deductibles like $500 or $1000 to shave 15–30% off rates.
4. Maintain Good Credit
Fixing errors on your credit report can raise your score for lower rates. Also, keep credit card balances low.
5. Take a Defensive Driving Course
Completing an online safe driving programme qualifies you for insurance discounts for three years.
6. Enrol in Telematics
Insurers offer apps to monitor safe driving habits through GPS data for significant discounts.
7. Drop Unnecessary Coverage
Analyse if collision/comprehensive coverage makes sense for older vehicles worth less than $3000. Dropping it cuts premiums.
8. Ask About Discounts
There are discounts for anti-theft devices, safe vehicle features, affinity memberships, good students, and more. Inquire to save 5–15% or more.
9. Increase Safety Features
Extra air bags, anti-lock brakes, and anti-theft systems mean bigger discounts.
10. Maintain Continuous Coverage
Lapses in insurance lead to much higher rates down the road. Keep coverage, even if switching between family vehicles.
Most Popular Car Insurance Companies
The largest national insurance companies dominate the market and have competitive rates due to their scale and affordability. Here are the top five auto insurers and what makes them stand out:
- Largest auto insurer in U.S. with 18% market share
- A network of 18,000+ local agents provide expert advice
- Bundling home and car policies offers big discounts
- The second-largest U.S. auto insurer with low rates
- Easy online quotes and claims process
- Strong track record of customer satisfaction
- The third-biggest car insurer rapidly gaining share
- Rates adjusted in real-time based on driving habits with the Snapshot tool
- Convenient tools for getting quotes and managing policies
- Offers accident forgiveness and safe driving bonuses
- A digital assistant helps you manage your policy
- Bundling home insurance saves the most
- Only for active or retired military and family members
- Consistently high customer satisfaction
- Free roadside assistance with auto policy
While these top companies are a good place to start your search, make sure to get quotes from multiple insurers to find your best rate. Each company assesses risk differently, resulting in wide variances in pricing.
6 Questions to Ask When Getting a Car Insurance Quote
Shopping for car insurance without understanding exactly what you’re buying leaves money wasted and gaps in coverage. Avoid surprises down the road by asking these key questions upfront.
Do I have state minimum liability coverage?
The minimum legal car insurance requirement varies by state, from just $10k up to $50k in injury liability coverage. Minimum coverage often leaves accident victims underpaid, so consider higher limits for better protection.
How much coverage do I need for repairs or replacements?
Will $500 or $1000 be enough to repair typical damage in minor accidents? Get the right level of collision coverage so you don’t pay high out-of-pocket costs for vehicle repairs.
What discounts do you offer?
Don’t overpay simply because you missed available car insurance discounts! There are a wide range of options; ask specifically about multi-policy, defensive driving, telematics, affinity organisations, vehicle safety packages, and good student discounts.
Does my policy cover accident injuries to passengers?
Most liability coverage applies to injuries you cause others, but personal injury protection (PIP) covers injuries to family members and passengers in your own vehicle after an accident. This medical expense coverage is required in some states but optional in others.
What restrictions are there on ridesharing or delivery driving?
Notify your insurer about driving for Uber, Lyft, Instacart, DoorDash, or other delivery work. Some auto policies exclude this use or cancel coverage entirely if you drive commercially without notifying them first.
How does a poor driving record impact my rates?
Understand exactly how incidents like accidents, DUIs, tickets, and other violations will affect your premiums both now and in the future. Get the facts on your state’s point system and how long infractions stay on your driving record before falling off.
Bundling Home and Auto Insurance
One popular way to save an extra 10-15% on car insurance is by bundling it with homeowner or renter coverage from the same provider. Multi-policy discounts reward loyal customers for consolidating separate insurance policies into one package.
Most top insurers, like State Farm, Allstate, and Liberty Mutual, offer homeowners and renters insurance. Bundling them with auto coverage saves the most money through premium discounts. You also simplify bill payments by getting just one statement.
Another advantage of bundling home and auto insurance is having a single deductible. This depends on your policy limits and details, but generally, the higher deductible applies to both home and vehicle claims.
For example, say you have a $1000 home insurance deductible and a $500 car insurance deductible. If you file both home and auto claims after the same event, like hurricane damage, you would only need to pay the single $1000 deductible rather than paying separate deductibles.
Before bundling, compare quotes thoroughly, both individually and bundled, to ensure they offer the best rates. Some companies charge more overall, even with multi-policy discounts factored in.
Getting the Car Insurance You Need
Deciding how much auto insurance you need can be confusing. Here are some tips on getting the right amount of coverage:
- Compare quotes for policy limits between $100k and $500k to weigh higher premiums against more protection
- Collision coverage pays for damage to your vehicle. It’s required for vehicles that are leased or financed. For older cars, dropping this optional coverage saves money
- Comprehensive coverage pays for vehicle theft or damage from floods, fires, and vandalism. Again, only older, paid-off cars can go without this extra protection
- Uninsured motorist coverage protects you when an at-fault driver has no insurance. It covers injuries to you and passengers so maintain strong limits
- Personal injury protection (PIP) covers injuries to you and passengers. While optional in some states, it’s still recommended to pay for medical care until a settlement
When getting car insurance quotes, use the same coverage amounts for accurate comparisons. Make sure you account for all possible risks according to your state laws and personal financial situation. A licenced insurance agent can provide guidance to make sure you get the protection you need without overspending.
Next Steps for Finding the Best Car Insurance
We’ve covered everything you need to know about getting cheap car insurance rates to properly protect yourself on the road! Here are your next steps:
- Get quotes from multiple top-rated insurers, both online and from local agents
- Compare identical coverage amounts side by side
- Check discounts carefully so you don’t overpay
- Consider options like bundling home insurance or enrolling in telematics programmes to save
- Ask questions to fill any gaps on the right coverage levels and exclusions
Follow the tips in this guide and refresh insurance quotes periodically to maximise savings year after year. Drive safely out there!