Auto Insurance Comparison: Ways to Save On Coverage


The first thing you should do is to identify your insurance coverage needs. Afterwards, you can now start to do some serious insurance comparison. But sometimes it gets tricky and to resolve this issue is to follow the three things that I will be discussing below.

Collect your information

You need to know your driving history. For example, how many tickets you received or insurance claims you made over the last 2 to 3 years? What is the status of your driving history? Will it be a squeaky clean or a messy record? Whether you believe it or not, it is really possible that the driving records can be recorded wrongly. This is the reason why you need to check the record violations or better yet keep your own record of any road violations you have committed. Auto insurance providers will usually give you expensive insurance quotes so it pays to check or verify your records if they have been properly maintained.

If you have no idea how much you are paying for your auto insurance coverage, now is the right time to check your bank account. Some people authorized their insurers to deduct their monthly dues automatically and in the process, unable to determine the exact policy amount. The easiest way to find out is to grab your monthly financial statement, which is usually being sent to your address or be viewed online. Use it to compare how much the competitor is offering to you.

Acquiring auto insurance quotes

These days, it is no longer difficult to acquire auto insurance quotations because of the Internet. Since most insurance companies have their own website, you can just go there, fill out a form and then in a matter of minutes you have your quotation. There are also comparison-shopping websites that allow you to receive multiple insurance quotes from various insurers without having to visit their websites individually. Alternatively, you can also use your own state’s website such as the case of Ohio State Department of Insurance. You may have to check this with your local insurance office if your state is offering similar services. Unfortunately, not all insurance companies have online presence, so the best way is to telephone them and ask about their services. All the same, just make sure that you are only dealing with a reliable and trustworthy insurance company.

Maintain your own records

As soon as you have auto insurance quotes in your keeping, organize them and pick 3 to 5 potential insurance companies. If you have questions, do not hesitate to call the company before you decide to buy the coverage online. Also, if there is an e-mail address or an 800 number, it is prudent to contact them first to verify how quick they provide assistance. Additionally, insurance quotes don’t reflect promos or discounts, which you could qualify. Some insurers are giving special price cuts for policyholders with clean driving history, installed safety gadgets, and so on.

Lastly, you do not want to deal with companies that are useless when you file an insurance claim. It is therefore important, to know the company’s ratings through your local BBB and other agencies that monitor the insurance provider’s activities.