Finding auto insurance can become a very costly venture for many motorists looking for quality insurance coverage. Auto insurance can be very expensive, with the average US consumer paying about $125 a month or over $1500/year for auto insurance.
While some residents of certain states find themselves paying more than others, the average cost of auto insurance does continue to rise as time moves forward. However, luckily there are ways to ensures that you are getting the best deal on the best auto insurance coverage. It’s all about knowing what to look for and where to go for your insurance.
The following are 5 ways to help you find the best auto insurance for your money:
Shop Around Frequently: Auto Insurance rates are forever changing, even by a few dollars. Checking up on the price of auto insurance in your area every couple of years ensures that you aren’t paying too much for coverage when someone else offers the same coverage for less money. Most insurance companies do not offer what many people think are “specialty/discounted rates” to long-term customers. Shopping around might end up saving you money in the end.
Don’t Rule Out Specific Insurance Companies: Many times, the best rates you will find for the coverage will be smaller insurance companies. Don’t rule any insurance companies out of the equation when searching for auto insurance. Keeping your options open allows you to find the best deal possible for your money. Checking sites that search for, find, and compile data insurance for auto insurance companies are great places to start. They do all the searching for you. All you have to do is compare companies to see what rates are lowest for the coverage you want.
Raise Your Deductibles: The higher your deductible is in the event of an accident, the less you will usually pay for insurance. For example, going with a $2,500 deductible over a $500 can save you some money on your monthly insurance bill, especially if you have a good driving record and no history of accidents. Remember, you should still be able to afford your deductible because one day you may have to pay for it.
Ensure You’re Adequately Protected: Consider a policy that offers a fair bit of coverage. The average recommendation for an auto insurance plan is a 100/300/100 plan. Under/uninsured coverage is another consideration and is usually affordable. You may get hit by someone who has no insurance. Protecting yourself is relatively affordable. It costs about $200 to $400 extra per year for a $1 million policy through most auto insurers.
Look at An Auto Insurance Companies Ratings: Check the ratings on the auto insurance company you want to use. Be sure that they have satisfactory ratings before selecting them for your insurance company. Failing to check their past performances may leave you with a company that has poor customer service or one you are not satisfied with. Doing your research first always pays off.
These are 5 ways that you can be sure to find the best car insurance for your money. You may be paying more than you would like to for car insurance. Therefore, making sure you get the best value for your money can take the sting out of how much car insurance costs in 2019.
For further assistance with finding the best rate on your auto insurance please feel free to contact us via phone at 203-723-8500 so that the Branco Insurance Group can offer you further assistance. We are here to help you find the best auto coverage for your money so you can drive safely.