How to Buy Cheaper Auto Insurance Than Your Friends!
What if all of your friends are the same age as you, have similar driving records and credit reports, and own vehicles like yours?
Believe it or not, that doesn't necessarily mean you will have the same auto insurance premiums. Wouldn't you like to be the one who gets the same policy, but gets it cheap? All it takes is some know-how, and realizing what to look for when shopping online for your auto insurance.
Shop around—and online.
Consumer groups tell us that the primary reason people don't get cheap auto insurance is because they don't comparison shop. It is the simple truth that there are so many auto insurance companies out there, you'll never find the same insurance quote twice. That's why shopping online is the single best way to find cheap auto insurance.
Online services offer quotes from multiple insurance companies, often within minutes. You can then choose the carrier that offers you the same policy at the cheapest rate. Your neighbor may be sticking with the same auto insurance company out of habit, but his failure to shop online for a cheaper rate is his first mistake.
Get all the discounts.
When you are shopping online for a cheap auto quote, make sure and read about the discounts that are offered. Most insurance companies offer, for example, a multi-car discount. In addition, there may be a good student discount that makes the policy cheaper for youthful drivers. Don't think you or your kid will qualify? Read the fine print. Often, the good student discount isn't as hard to get as you may think.
Have you had insurance for the past six months? By providing the online service with proof of prior insurance, you may also qualify for a cheap rate with your new insurance company. What about your house—do you own it? If so, many auto insurance carriers also offer homeowner insurance, or even insurance for your boat or other property, and that discount can bring that rate down to a level cheap enough to make even your brainy brother jealous.
