Getting a cheap auto insurance policy is all about spending time on researching the various auto insurance companies. You need to realize that if you put in the time now, you will be able to reap the benefits for a much longer period later on.
The first step to finding a cheap policy is to look for various options online. There are a lot of websites which belong to both first party insurance companies and also other third parties who put up information about a number of insurance companies on one single portal. With the former type of website, you can be assured of quality and genuine information considering that the original company itself is publishing the information. But with the latter type of website, you cannot be reliably assured of a genuine information data base. However the benefit of using such a website is that you can get multiple quotes by filling out just one online form.
You can get quotes that have a disparity of at least a few hundred dollars or to be precise around 800 dollars per annum. If you consider that you are going to be spending around 3 to 4 hours on researching about auto insurance quotes, you are technically going to be earning around two hundred dollars per hour by saving up on it!
But once you get an online quote, the next step is to take up the negotiation process. This is yet another integral part of the entire procedure. You will have to contact the insurance company and fix up an appointment. After doing this, the next step is to prepare for the meeting.
When you meet with the insurance agent the first thing you need to keep in mind is that you will need to negotiate. You will need to hard sell yourself and try to convey to them that you are a low risk driver. You will need to give them sufficient reason to believe that you are not going to get yourself into an accident or even a citation for a traffic offense.
A show of a good driving history is one of the best ways of doing this. A driving record is maintained by all departments of motor vehicles in different states. It will show all the accidents that you have ever been involved in and also the traffic citations that you have received.
For teenage drivers, the best way to show that you are serious about safe driving is to show good grades. A show of good grades will help boost the confidence that the insurance company has in your reliability.
You can also reduce your rates by investing in a car that has all the safety features like air bags, anti lock braking system and electronic stability program. These features will convince the insurance company that your car will keep the occupants safe in case of an accident. And the lesser the injuries, the lesser the insurance company has to pay.
Another way to reduce your auto insurance costs is to get a cheaper car. A cheap car is much lesser to insure because of the fact that it will be cheaper to replace it in case it gets totaled. But obviously, this is a personal choice and insurance costs are not something that will be on the top of your mind when you are out trying to buy a car.