McAfee Secure sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams

How do I find the cheapest car insurance?

It would be delightful to have an easy answer as to which car insurance company offered the cheapest rates. This would eliminate a lot of guesswork and research on the part of the consumer. However, the reality remains that there is no one clear answer to that question. While a friend or acquaintance may have been offered a low rate with one particular company, it is not a guarantee that they will quote the same rate to you. Because of the fact than insurance providers weigh each consumer's characteristics differently, your personal statistics will determine your cheapest insurance premiums. 

The personal statistics that an insurance company will consider in determining your rates include your driving history, your age and gender, and the make and model of the car you wish to insure. Your location and your desired amounts of coverage will also factor into their considerations. By far, the quickest and easiest way for you to locate an insurance provider with affordable rates is to conduct some form of price comparison. By entering you zip code and filling out a few simple questions online, you can get multiple quotes from different insurers within minutes. By using price comparison techniques when you shop around for car insurance, you can take advantage of an easy method for obtaining the lowest price available for your desired policy. You can also adjust your coverage accordingly to work within the confines of your budget.

Most states require you to maintain a minimum amount of liability insurance. The monetary amounts you must have for this type of coverage vary from state to state. With this form of coverage, you are provided for if you should happen to be at fault in an accident. The medical expenses and property damage repair costs for other parties involved in the accident will be covered. It should be noted that liability insurance will not assist you in paying for any costs you may incur, and if the costs associated with other's expenses exceeds the amount of your coverage, you will be held liable for the remainder of the balance. This should be taken into account when deciding how much coverage you would like to purchase. Protecting your property and assets should be your first priority. 

Another common for of coverage is called collision insurance. You must maintain this type of coverage if you own a vehicle with an outstanding loan on it. In the event of an accident, your insurance provider will pay a monetary amount towards the cost of your vehicle's repairs that will not exceed the current market value of your car. Comprehensive insurance is optional form of coverage that can be purchased as a supplement to collision insurance. It will pay for the repair cost associated with fixing your vehicle if it sustains damage from an act of nature or a crime. A state's requirements and your needs will determine what forms of coverage you need to purchase. However, price comparison can guide you in selecting your desired coverage at a low rate.


FREE Quotes, Multiple Insurers

Zip Code