Auto Insurance Quotes Comparison
There are countless car insurance options out there. Without trying very hard, you can probably find dozens of insurance companies and policies. But with so many options out there, how do you know if you’ve found the right insurance policy for you and your family? Car insurance rates can vary based on who you are, where you live, what vehicle you drive, how you drive, and more. That’s why shopping around and taking the time to compare auto insurance is crucial. When you compare auto insurance quotes, you are better able to see if you are getting the most coverage for the least amount of money. But how do you get auto insurance quotes for free and quickly? That is where Cheap Car Insurance comes in. We provide the quickest and easiest free car insurance quotes that will give you the ability to efficiently explore insurance options to find the policy that fits you best.
Factors that Affect Auto Insurance Rates
There are many factors that can affect your auto insurance rates. Your insurer will look at how many factors work together to determine how at-risk you are to be involved in an accident, and your rates will be determined by that. Here are some of the most important factors to help you begin comparing your car insurance rate options.
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Age
Young drivers have the most expensive auto insurance premiums anywhere you live. If you have a teen driver, their premiums will make insurance more expensive. But luckily, insurance costs will go down as they age and gain more experience on the road.
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Marital Status
Married drivers often have cheaper insurance premiums because they are considered more cautious and less likely to be in an accident. Premiums for people who are single can be higher, including those who are widowed or divorced.
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Gender
Men usually have higher premiums than women. Men end up paying more because they are statistically more likely to be involved in accidents, to speed, to drive under the influence, to not wear seatbelts, to drive more expensive cars, to spend more time driving.
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Driving Record
Your driving record can tell insurers how much of a risk you could be. They will look at any previous accidents you’ve been in, tickets you’ve gotten, and any DUIs. Even a minor speeding violation can increase your monthly premiums.
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State
The state you live in can affect your premiums. Your rates can vary because of the amount of traffic, the chances of severe weather, theft rates, and amount of claims filed in your state. Wyoming has the lowest premiums while Michigan has the highest.
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Neighborhood
Even within your state, your individual neighborhood and area can affect your rates. Population density, crime rates, and even local weather can cause your monthly premiums to increase.
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Your Home
Whether you rent or own your home can affect your insurance premiums. Those who rent often pay significantly higher insurance premiums than those who own their homes, even for the same amount of coverage.
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Immigration Status
Auto insurance premiums are lower for natural born citizens, and the premiums can be higher for those who immigrated.
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Military Service
If you are active military personnel or a veteran, your auto insurance premiums are often cheaper than those not in the military.
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Rideshare
Auto insurance can be more expensive for those who drive for Uber, Lyft, or other rideshare services. The premiums are often more because these drivers spend more time on the road and are then more likely to get in an accident.
Insuring Your Vehicle
Another factor that can affect your insurance rates is the type of vehicle you drive. The make and model of your car will be used to calculate your premiums. Use the chart below to find an average for your vehicle to give you an idea of what an insurer may charge for your car. These are some of the factors that insurers will use to calculate the risk to your vehicle and how much insurance premiums should cost:
- Accident rates. Some vehicles have a history of higher accident rates, and that can increase your premiums.
- Cost of repairs. Some vehicles have parts that can be expensive to repair if damaged, so insurers will charge more for those cars.
- Primary use of the car. How you use the car can affect your rates. Cars used for commutes are often charged more because they’re used during peak traffic.
- Safety test results. Sometimes your rates will be lower if your vehicle has safety features, but sometimes these features can raise your premium because of repairs.
- Amount of insurance rates. Models that have a higher number of claims (even fraudulent claims) can raise your premiums.
Together all of these factors will be balanced and considered to determine your premiums. The key is to compare many policies through insurance quotes to find the best coverage for the least amount of money.
How to Compare Insurance Quotes
Auto insurance quotes will save you time, money, and stress when looking for the best insurance options. Since quotes are the best way to see what coverage options are best, you want to be prepared to compare auto insurance quotes as efficiently as possible. Here are the steps for auto insurance quote comparison.
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1
Gather important information.
You will want your personal information, including age, gender, marital status, and military service. You will also want your vehicle information, including mileage, date of purchase, and vehicle identification number. In addition, you will want to gather any records from your driving history. While you may already know a lot of this information, it will save you time to have all of the information gathered and close by beforehand.
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Choose the right coverage level.
Liability insurance helps to protect in worst case scenario situations by providing space between your assets and what you owe for an accident. It is also required by most states. Auto insurance quotes will help you determine your state’s requirements, but if you are interested in more coverage, that will be important information to know. A good rule of thumb is to choose enough liability coverage to cover all of your net worth. Coverage levels come written in three parts. Here is how to know what amount of coverage you’re selecting when you choose 50/100/50:
- $50,000 for injuries per person that you injure in a crash
- $100,000 total for all injuries you cause in a crash
- $50,000 for damage you cause in a crash, including cars, buildings, mailboxes, lampposts, etc.
You will want to choose the right coverage level before beginning. You will also want to look at this level of coverage when you are comparing your quotes.
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Decide if you want full coverage.
Liability or PIP coverage are usually the only types of insurance that are required by law, but you may decide you want collision or comprehensive coverage. Collision insurance covers damage to your car, even if you’re at fault for the accident. Comprehensive insurance covers theft and other things that could result in property loss or damage with your car. You will want to have an idea of the amount of coverage you want before you begin. Choosing the same amount of coverage for all of your quotes will help you determine which company will give you the coverage you want for the least amount of money.
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Collect your quotes.
Now that you have your information gathered and have determined the coverage you want, you need to collect the quotes. Gathering the quotes could be time consuming, but at Cheap Car Insurance we provide quick and easy and free quotes. You will want to get quotes for at least 2–3 companies available in your area to determine if you are going to get the best deal. You also may want information from regional or smaller companies as well as big companies. By getting information from a variety of sources, you will get a better understanding of what price options you have available to you.
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Compare the minimum and full coverage options.
The minimum coverage option will be what is required by your state while the full coverage option will show you how much a premium might be with comprehensive and collision coverage included. You will want to notice if an insurer is more expensive for both types of coverage or cheaper for one or the other. These details will help you determine which option will be best for you.
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Compare rates after an accident.
Even if you don’t have a recent accident on your record, you may want to compare quotes that do have an accident on record. You can do this separately from your other comparisons if you don’t have an accident on record. If you do get in an accident, your rates will change, and it’s smart to have an idea of how your rates will change before choosing a policy. You may take rate changes into account when choosing a policy after all. See what the difference between your original rates and post-accident rates are to see if a policy is still a good fit for you, even after a crash.
These are the basic steps to prepare to get your auto insurance quotes and the process of auto insurance quotes comparison. Here at Cheap Car Insurance, we help you through the comparison process to help you find the best car insurance policy options for you and your family.
Frequently Asked Questions
Why should I use online insurance quotes?
Comparing quotes online helps save you valuable time, money, and resources. In addition, online quotes help you get a more accurate picture of the insurance options available to you. Also, comparing quotes on one site will help you avoid spam and confusion. You can get all of your quotes right here for free instead of having to visit multiple websites and ask multiple insurers.Do insurance quotes cost money?
No! Our insurance quotes are completely free. You won’t have to pay a cent while exploring your policy options. We want to help you on your journey to better and cheaper insurance.Who has the cheapest car insurance?
While this is the million dollar question, there isn’t an easy answer. The cheapest car insurance rates will depend on the factors that affect your rates and the company and state you live in. The best way to find out who has the cheapest car insurance for you is to use online insurance quotes.How do I determine how much coverage I want?
You will want to have enough coverage for your net worth. But beyond that, there are a lot of different options to consider. We cover these questions in more depth in our tips section, and here is a good place to start: How To Determine If Your Car Needs Comprehensive Or Liability Insurance.
