Online comparison shopping is a convenient way to get cheap insurance for your auto. For the last few years, insurance companies have been dropping their premiums annually because of lower accident rates and increased competition. So, with a few clicks of the mouse, you can save hundreds of dollars a year on your vehicle insurance.
Compare at One Site
Once you have gathered information about your car, driving record, and personal information, you can enter the information once at an insurance comparison site and get instant quotes from several different companies. These sites give you side by side comparison of the same coverage plan from several different vehicle insurance companies for free.
It is also a good idea to go to a couple of insurance comparison websites to find the best deals. The same insurance company may offer different rates at different websites.
Look at the Deductible
Another way to get a cheaper quote is to change the coverage plan by raising the deductible or reducing coverage. Both options can save you hundreds a year, but you need to have the financial resources for such a risk.
Receive Information Online
Once you find a price and plan that interests you, you can select it to receive more information from that insurance company online or through the mail. After an insurance agent has time to look over your information, they may be able to offer you an even lower quote.
Check Any Time
Besides comparing quotes from vehicle insurance companies, you can also apply for insurance online at any time that is convenient for you. You can start your application, stop for a snack, and finish it later on. If you prefer, you can also schedule to talk to someone over the phone or at an office.
A yearly check of vehicle insurance rates is a good practice. Increased safety features in cars and aging baby boomers have resulted in a drop in accident rates. With increased competition, insurance companies have been pressured to reduce their rates and pass the savings on to you. This is a trend likely to continue for some time.