The cheapest initial rate for auto insurance is not always the best option for many drivers, as they could end up paying more money in the long run. Even if you follow the minimum insurance guideline in your state, you could still have to pay a large amount of money out of pocket if you are found “at-fault” in an accident. When trying to find cheap car insurance, keep in mind that there are more considerations than just the rate itself.
There are also personal factors that play a role in how much your auto insurance rate will be. For example, if you are a young driver under the age of 25 or over the age of 65, you will likely end up paying a bit more money since you are considered more “at risk.” Gender also sometimes plays a role as women are generally believed to be more cautious drivers and will therefore be eligible for lower rates.
However, even if you are between the ages of 25 and 65 and consider yourself a cautious driver, there are other factors that could cause your rates to increase. For example, if he has bad credit, insurance companies may think that his financial situation is bad and that he is a risky person to insure. As a consequence, it will be more difficult to find cheap car insurance. Another factor is the vehicle itself. The make, model, age and current condition affect the insurance quotes you receive.
How to Find Cheap Auto Insurance That Considers Your Living Area
There are also factors like where you live and work. Living in a rural area will likely be less expensive for drivers than living in an urban area, since fewer people on the road means there is less risk of an accident. Professions that include a lot of “driving on the job” such as caterer, delivery service, journalist, etc. sometimes you will be quoted at a higher rate than someone who stays in the same office or store all day and only has a short ride to/from home.
If you’re not happy with the types of quotes you’re getting, you might want to check and see if you qualify for any discounts. Some auto insurance companies and quoting sites actually offer a wide range of discounts and coupons.
When comparing quotes, once again, it’s important to not just select the one with the lowest monthly fees. Think about your type of car and how much money you’ll need to pay for repairs or replacement if it gets badly damaged. Will you be able to pay the huge deductibles? It might be better to pay a little more in monthly payments.
A good place to find cheap car insurance is esurance. Discounts of all kinds are available (“Paid in Full”, “Fast 5”, “Claim-Free”, etc. There is even a questionnaire you can take on the Esurance site to get a personalized quote.