How to Get the Best Auto Insurance Rate Quotes?
Vehicle Insurance Quotes
Do you think that your vehicle insurer might be holding out on you when it comes to best rate for auto insurance? You could be right. Often, you might be eligible for a lower rate, but you won't get it automatically - you have to ask for it.
Liberty Mutual recently reported that one of their clients was paying well over $2,500 per year on vehicle insurance, and until the AARP offered him an opportunity to buy insurance at nearly half that rate, he had no idea that he was paying too much. Liberty Mutual matched the rate he was quoted, but if he hadn't been given a heads up, he'd still be paying way too much for his vehicle insurance.
Review Your Policy
What that tells you is that you should always review your vehicle insurance policy, and shop around. At the very least, call your insurance provider at least once a year to review your coverage and make sure that you're getting the best rate for auto insurance.
Most of the time, the onus is going to be on you - your provider isn't going to tell you about best rate for auto insurance unless you ask.
Here's How It's Done
- Ask about discounts. They're the key to getting the best rate for auto insurance. Tell your insurance provider how long you've been driving accident-free. Also, ask about multi-vehicle discounts if you own more than one car. If you belong to a professional organization, you may also qualify for additional discounts on your vehicle insurance.
- Customize your policy. Get car insurance quotes to find out if you qualify for different options that might reduce your overall cost. Consider gap coverage, loss of income, rental car reimbursement, and other factors until you find the best rate for auto insurance.
- Look at the long term while getting car insurance quotes. Many insurance companies will “forgive” a first accident, so your rates don't go up. You might also qualify for discounts that increase with each year of accident-free driving.
- Shop around for vehicle insurance. Get car insurance quotes from more than one company. Look at the same levels of coverage, discounts, options, and deductibles so that you can make the best possible decision.
- Ask around. Talk to people you know for car insurance quotes - much of the time, the best information is obtained by word of mouth. Find out what your family and friends are paying for their vehicle insurance, and find out which company they're dealing with. And of course, check out companies online so that you can see what other people have experienced.
If you take the time to investigate pricing, and get car insurance quotes from various sources, chances are you'll be able to find the vehicle insurance that's exactly right for you.