Choosing The Best Auto Insurance Company For Your Needs

The best auto insurance plan can be tough to find. Before you start looking you need to take stock of your needs. Here are a few things to keep in mind.

Full Coverage or Liability

Before you start shopping for insurance you need to know what coverage levels you need. If you have just purchased a new car and have it financed through a lending institution, you will more than likely be required to get full coverage insurance. This protects the finance company in the event that something happens to the vehicle and you end up with a car that is totaled. Most people don’t want to pay for a car that isn’t able to be used. If you have full coverage and are financing a car, it’s a good idea to also have gap coverage. This will cover any underpayment the insurance company offers if something happens to the vehicle. Unfortunately it’s not uncommon for the insurance company to give you a value that is less than you are paying the bank for the loan. The gap insurance covers any gap in this.

If you don’t have a car that is being financed, and it’s an older car, then just going with liability is usually enough. Check to ensure your coverage is at least meeting the states requirements for insurance.

Check Your State Department of Insurance Site

Most people don’t think to do this, but it’s a great idea. Go to your local states department of insurance website. On the site you can usually find the consumer complaints ratios. This will show you how many people have filed complaints against the different insurance companies you are looking at. If a company has a high rate of complaints, then you know to steer clear of them.

Check with Local Body Shops

A reputable body shop will have another perspective to offer you. They see the other side of things since they deal with insurance companies on a regular basis. They can tell you which insurance companies are the easiest to work with, and which are the most difficult. If you are ever in need of any kind of body repairs it’s nice to know if the insurance company will be easy to work with or not.

Check J.D. Power Ratings

J.D. Power and Associates collects data from individuals who have policies with numerous insurance companies. The policy holders are given a quick survey about the customer service, the prices, and the overall experience with the insurer. This is a great way to see if an insurance company will hold up to your standards and will help you to make a more informed decision when you are choosing the best insurance company for your cars.

Get Recommendations from Friends

If all else fails and you are still having a hard time finding the best auto insurance company for you, ask your friends and family what they do. If they’ve had their policies for any length of time they should be able to tell you how their experiences have been and help you make a decision.


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