What is auto insurance?
Don’t assume that one company is the cheapest
Some companies spend a lot of money on advertising to convince you that they offer the lowest rate of car insurance. But no insurer is a low-cost leader for everyone.
The car insurance company that is the cheapest for one person in one place is probably the most expensive option for the driver in any other situation.
The only way to be sure is to compare insurance rates.
A dice analysis of prices shows why shopping around is important. Here are some of the rates we’ve seen for a 40-year-old driver buying a full coverage policy on a 2016 Toyota Camry LED
In Florida, the state farm receives an average of 1,77 a year, the state’s cheapest rate for a driver without military contact. Jaco’s average rate is 3,433 higher.
California
In California, the opposite is true: Jako is the cheapest, with an average rate of 34,341, and the state farm averages $ 600 higher.
The South Carolina driver is the cheapest option for drivers at an average of 2 1,275 per year, but in Massachusetts it is the most expensive at 8 2,880.
Pay the bill on time
Your credit score is an important factor in obtaining car insurance prices, except for California, Hawaii and Massachusetts, which do not allow insurance companies to consider credit when setting rates. Insurance companies say consumer credit has been linked to the possibility of filing a claim
Check the insurance costs when buying a car
You may already be considering factors such as fuel efficiency and repair costs when choosing a car to buy, but you should also consider
insurance premiums
Leave comprehensive and collision coverage for older cars
Collision coverage to your car like another car or something like a fence
How to get around high car insurance?
Nine Ways to Reduce Your Auto Insurance Costs
Shopping around …
Before buying a car, compare insurance costs. …
Ask for more deductions. …
Reduce coverage on older vehicles. …
Buy your homeowners and auto coverage from your patients. …
Maintain a good credit record. …
Take advantage of low mileage discounts. …
Ask about group insurance