If you own a car, you must have insurance, period. Not only is it legally necessary, but it is also the only prudent way to protect your car and avoid incurring massive out-of-pocket expenditure in the event of an accident. Luckily, shopping for car insurance has become much more straightforward, quicker, and more affordable than in the past. You no longer have to spend hours sitting down with a local insurance agent and plodding through a range of restricted policy options in person. You can now find an affordable car insurance policy on the internet with the click of a button and with little effort.
However, though looking for a car insurance company is easy, actually signing up for a policy is not. There are several complicated add-ons and policy choices that you’ll wonder if you need, and you’ll never know if the plan you choose covers all the aspects you might need. Insurance jargon can confuse anyone. The many choices available make it difficult to compare schemes, let alone find affordable car insurance plans from top-rated insurance companies.
Don’t worry; we’re here to help. We’ve put together a simple guide to help you make the best decisions when creating your own affordable car insurance plan, all while ensuring you get the right amount of coverage.
The smart way to get affordable car insurance
The good news is that you don’t have to compromise on your coverage to get a good deal. You can get both a low rate and high-quality coverage easily. All you need to do is select an insurance provider who lets you customize how much coverage you get, take advantage of the right incentives, and design your policy effectively.
Step 1: Locate affordable car insurance providers
Most Americans, you see, are spending even more than they ought to just to insure their cars. Why is this so? It’s all because too many of us don’t take the time to weigh our choices.
The fact is, Americans overspend by approximately $21 billion per year, and most insurance buyers could save approximately $356 per year if they simply shopped around and compared policies. All it takes is a little online searching to find affordable insurance quotes that are far lower than what you would pay if you were to go with a more well-known insurance company.
We’ve done some of the legwork for you and have a few affordable and reliable car insurance providers that can provide you with quick online quotes. You can use the Way.com website or app to get instant affordable car insurance quotes online from these companies:
|· Alert Car||· Anchor General||· Aspire|
|· Assurance America||· Bluefire||· Bridger|
|· Bristol West||· California Car Assigned Risk Plan||· Carnegie|
|· Dairyland||· Drive Insurance – Progressive (CA)||· Kemper – Infinity|
|· Kemper Car||· Kemper Personal||· National General Insurance|
|· Nations||· Pronto||· Reliant General|
|· SafeCar||· SafeCo||· Stillwater|
|· SunCoast Insurance||· Travelers|
Lower insurance rates are available; all you have to do is look for them. Changing to a less expensive car insurance plan will save you hundreds, if not thousands, of dollars per year. The key to saving money is to choose the right provider and then the right amount of coverage for yourself.
Step 2: Estimate the extent of coverage needed
Buying affordable car insurance is easy in that you only have to choose from a few different forms of coverage. The tricky part is determining the best mix that will provide adequate coverage while still saving you money. Let’s go through the various forms of coverage that can be included in your insurance policy:
- Collision insurance – protects your vehicle in the case of an accident.
- Liability coverage – covers you if another motorist suffers bodily harm or vehicle damage.
- Personal injury protection – covers medical costs for both you and your passengers.
- Uninsured/underinsured motorist coverage – covers the losses incurred if you get into an accident with another driver who is either underinsured or uninsured.
- Comprehensive coverage – a kind of umbrella policy that protects some form of harm or loss caused by anything other than another vehicle. This category includes weather disasters, dropping trees, fraud, and pretty much everything else that requires you to file a lawsuit.
Although having comprehensive coverage and choosing as many of these options as possible would provide you with a high level of protection, you may not need some of these coverages. If you have a very old car, for example, you might want to forego accident insurance. The monthly payments would not be worth it if, and if anything were to happen to the car, you can just purchase a new vehicle.
You don’t drive much? For those who do not have a long regular commute or who only use their cars on occasion, you might want to consider leaving out a piece of coverage. Choosing how much coverage you want is all about assessing how much risk you take on as a driver and obtaining the required amount of car insurance to address the risk.
Step 3: Determine the minimum coverage requirements in your state
Each state in the United States, including yours, has minimum standards for the amount of coverage drivers must provide. When looking for an affordable car insurance policy, check to see how much your state mandates. Driving around underinsured brings a lot of risks, so make sure you’re following the rules. Meeting these criteria is typically easy since minimum coverage expectations are always less than what a driver can purchase for themselves anyway. Obtaining the bare minimum to meet your state’s legal requirements might not be the best option. The most critical aspect is ensuring that you have adequate coverage rather than just meeting the legal minimum.
Step 4: Make the most of bundling and discounts
One of the most critical considerations in obtaining the lowest possible rate on a car insurance policy is the number of incentives and discounts available to you. Almost all insurance providers offer all kinds of discounts depending on the circumstances. Personalization is key when it comes to car insurance prices: you can lower the premium by ensuring that you get the discounts that appeal most to you.
Step 5: Find affordable car insurance quotes online
Many drivers are unaware of how much money they can save by actually doing some online comparison shopping. There is no risk in getting a fast quote from affordable car insurance providers online to see how much you can save for yourself. When it comes to affordable car insurance premiums, there is no lack of options. Not when there are subsidized plans that reward good driving habits and pay-per-mile schemes that make city living more affordable! However, we recommend (for obvious reasons!) that you look no further than Way.com to find affordable car insurance quotes. Your monthly car insurance premiums can be reduced by hundreds – even thousands – of dollars in just minutes. Don’t spend any more time overpaying for car insurance; find a lower rate now!