Affordable auto insurance is not beyond your reach, even if you own a car that requires full coverage or have a houseful of teenage drivers.
Affordability is a relative term, and what one individual may consider as exorbitant may be a great deal to someone else. Fortunately, the Internet offers car insurance shoppers a lot of flexibility and range. There are excellent deals available, if you spend a little time looking for them.
The factors that you can’t change, maybe because your car is financed or the teenagers are a little too old to put up for adoption, doesn’t mean that you’re out of luck. Many car insurance websites offer side by side comparisons of insurance rate quotes, and you can choose the one that best suits your financial situation. The range differential is surprisingly broad; a comparative case study of a hypothetical car insurance shopper yielded insurance quotes that varied by as much as $68 per month, to as little as $10 a month. In this case, the hypothetical buyer was a married man, white-collar worker, who owned his own home and car, and needed very basic minimum insurance for a Toyota Camry.
Naturally, your own individual requirements will yield different results, but don’t be surprised if there are significantly better offerings out there. The insurance market has become highly competitive, with over 2,500 car insurance providers who should be vying for your business, by offering competitive rates and good customer service.
Interestingly, you shouldn’t assume that the insurance company from which you received the highest premium quote will be the one with the best customer service. That’s often not the case. The insurer who gave you the highest quote may not have the best rating; conversely, you shouldn’t assume that the least expensive insurer will have a poor rating. Every insurance company has a rating, which is based on their financial strength. To determine an insurer’s financial strength visit the A.M. Best Company website. JD Powers and Associates regularly surveys customers to determine customer satisfaction levels, including pricing, policy offerings, billing and payment system, and accessibility to their customer service team.
You probably shop around for the best deal you can get when you’re buying a big ticket item, be it a house, car or a new plasma television. Consider car insurance as a big ticket item, too. If you’re looking for cheap car insurance with ample coverage, you need to shop around for it.