The cheapest up-front car insurance rate isn’t always the best option for many motorists, as they can afford to pay more money in the long run. Even if you follow the minimum insurance guideline in your state, you may still have to pay a lot of money out of pocket if you are found to be “wrong” in an accident. When looking for cheap auto insurance, keep in mind that there are more considerations than just the rate itself.
There are also personal factors that come into play when it comes to your auto insurance rate. For example, if you’re a younger driver under 25 or over 65, you’ll probably have to pay a little more money because you’re considered more “risky”. Gender also sometimes plays a role as it is generally believed that women drive more cautiously and therefore qualify for lower fares.
But even if you are between the ages of 25 and 65 and consider yourself a prudent driver, there are some other factors that could potentially increase your rates. For example, if you have bad credit, insurance companies may think that your financial situation is bad and that you are a risky person to insure. As a result, 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 car insurance that takes into account your area of residence?
There are also factors such as where you live and work. Living in a rural area is likely to be cheaper for motorists than living in an urban area because there are fewer people on the road, reducing the risk of an accident. Occupations that involve a lot of “on the job” driving, such as caterer, delivery service, journalist, etc., will sometimes be quoted at a higher rate than someone who stays in the same office or shop all day and only makes a short commute from/to home.
If you’re not happy with the type of quotes you receive, you may want to check your eligibility for discounts. Some auto insurance companies and quote sites really offer a huge range of discounts and coupons.
When comparing quotes, it is again important not to select only the one with the lowest monthly rates. Think about your type of car and how much money you will have to pay for repair or replacement if it becomes seriously damaged. Can you afford the huge deductibles? It might be better to just pay a little more for monthly payments.
A good place to find cheap car insurance is essurance. Discounts of all kinds are available (“Paid in Full”, “Fast 5”, “Claim-Free”, etc. There is even a quiz you can take on the Esurance site for a personalized quote.