Ready To Buy Car Insurance? 3 Steps To Follow

When you are ready to buy car insurance, there are three steps that you should follow to help you find the best rates and the best plans.

Step 1 - Know Your Requirements

Some types of car insurance are required while others are only recommended.  What is required in one state is not always required in another.  Similarly, if you finance your car like many Americans do, there are additional types of car insurance that you will be required to buy.  The two types of car insurance that are mandatory for all drivers in America are property damage liability and bodily damage liability.  Property damage covers any damage you do to another's property while bodily damage covers you if you are sued for injuries to another person.  Additionally, recommended types of car insurance are recommended for a reason and are well worth looking at.

Step 2 - Shop Around

Today there are many ways to shop around when you are ready to buy car insurance: in person, on the phone, and even online.  Take advantage of the variety of ways to maximize your chances of finding the best deals.  Do not settle for the first quote you receive.  It is better to talk to several different insurance companies.  Ask lots of questions.  Sometimes the best way to know what non-mandatory types of car insurance are appropriate for you is to speak with a professional car insurance agent.  The agent can help breakdown the types of insurance and figure out the most efficient way to get you insured.

Step 3 - Know Your Way Around Deductibles

Many people are sold on the idea of having a low deductible as they do not want to be faced with having to pay a large portion of the bill if they are involved in an accident.  However, when you have a low deductible you end up paying a higher premium every month.  This means that if you have a higher deductible you pay less in monthly premiums, saving you more in the long term.  For example, if you decide to pay a $500 deductible instead of a lower $250 deductible, your monthly premium payment could drop from an estimated $145 to $125.  Within the first twelve months, you have nearly regained the difference while saving yourself from higher monthly bills.


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