Choosing the right car insurance company can be the difference of saving hundreds and getting the right coverage or overspending and not getting the right coverage. Picking the right insurance company is essential to getting the right coverage and price; however this is an individual decision. There is no “best” insurance company out there; there are just “best” insurance companies for different individuals. This article will take a look at 7 tips for choosing the best car insurance company.
1. Personal advice from an insurance representative
Some insurance companies have agents located in almost every area of the United States that will help with any car insurance questions. If you need more than a basic coverage policy for your car, then personalized help is greatly recommended so that you know exactly what is covered in any circumstance.
2. Cost of the premium
All insurance companies offer different costs on their premiums as well as different policies that fit the individual. Before choosing any car insurance company it would be wise to research competitors so that you do not overpay; you can often get the same coverage for a less expensive price if you shop around.
3. Do you want to combine car insurance with home insurance?
Some car insurance companies also offer home insurance in a combined package for a lower cost. Choosing the right car insurance company can often be based on combining different policies to save hundreds a year. Shop around you will be surprised how many companies offer this advantage.
4. Customer satisfaction
This one may seem obvious but previous customer satisfaction at a car insurance company could mean the different between a smooth transaction and a major headache if you ever have to file a claim.
5. Does the insurance company specialize in new cars?
Did you just purchase the latest sports car, or have you had the same car for the last 20 years? Certain insurance companies will offer cheaper coverage for both of these scenarios. New cars also offer more safety features on average than an older vehicle, some insurance companies will give discounts based on this.
6. Safe driver?
Certain insurance companies will reward safe drivers since they are cheaper to insure. Safe drivers or students with good grades should look for car insurance companies that offer substantial discounts for these achievements. Shop around and call insurance agents to see the advantages of being a safe driver or a good student, this could mean saving hundreds a year!
7. What coverage do you really need?
Often times people looking to buy car insurance will not get a customized quote; they just go with the most comprehensive or the cheapest depending on their vehicle. Before choosing an insurance company it would be wise to see if you need a collision plan or a comprehensive plan, or just basic bodily injury coverage. This research will save you a lot of money in the long run.