![]() Before you buy a car, compare insurance costsīefore you buy a new or used car, check into insurance costs. You can use the checklist on the back of this brochure to help you compare quotes from insurers. Pick an agent or company representative that takes the time to answer your questions. Contact your state insurance department to find out whether they provide information on consumer complaints by company. ![]() Ask friends and relatives for their recommendations. They sell directly to consumers over the phone or via the Internet.ĭon’t shop by price alone. Some sell through independent agents who offer policies from several insurance companies. These agencies have the same name as the insurance company. Get quotes from different types of insurance companies. Check the financial health of insurance companies with rating companies such as AM Best ( and Standard & Poor’s ( and consult consumer magazines. It’s important to pick a company that is financially stable. You buy insurance to protect you financially and provide peace of mind. Your state insurance department may also provide comparisons of prices charged by major insurers. You can call companies directly or access information on the Internet. Prices vary from company to company, so it pays to shop around. Listed below are other things you can do to lower your insurance costs. One of the best ways to keep your auto insurance costs down is to have a good driving record. We also provide a look into the cheapest car insurance providers by state for minimum liability and full coverage.Download a PDF version of this brochure. The average cost of car insurance in the United States is $627 per year ($52 per month) for minimum-liability coverage and $2,008 per year ($167 per month) for full-coverage policies.īelow, we compare rate estimates from top providers for both coverage levels. Full-Coverage RatesĪuto insurance quotes often break down pricing for different coverage levels so you can compare rates for minimum-liability and full-coverage policies. These monthly and annual price estimates are from top providers and apply to 35-year-old drivers with strong credit and good driving records. We also provided rate comparisons for policies covering drivers who fall into certain categories that can significantly impact rates. To help you shop for the best coverage for your specific situation, we’ve compared rates for common coverage types. The auto insurance rate you’ll pay depends on several factors unique to each individual. Shopping around and getting quotes from different car insurance companies is the best way to get the lowest rates. Actually, getting multiple quotes is what our team recommends. ![]() When an auto insurance company puts together a quote, it runs a soft credit check which doesn’t impact your credit score. Getting car insurance quotes from multiple providers has no impact on your credit score. Is It Bad To Get Multiple Car Insurance Quotes? ![]() Since each company has a different formula to assess your risk level, you may find lower rates elsewhere, even after being quoted a high rate by one company. The only way to make sure that you’re paying the right amount is to compare car insurance rates from multiple providers. If you get a quote from just one company, you risk overpaying. Comparing Car Insurance QuotesĪ rate comparison can help you determine whether a specific car insurance quote is actually a good deal. For example, even starting with much of the same information, no two quotes from Progressive, Geico or Allstate will be the same. Because providers use unique formulas to calculate car insurance premiums, quotes can differ significantly between companies. What Is a Car Insurance Quote?Īn auto insurance quote is a cost estimate of what you’ll pay for coverage. To help you start out, we’ll explain all you need to know about car insurance quotes below, along with sharing average annual rates for both minimum-coverage and full-coverage car insurance for multiple driver scenarios. Once you know what you’re looking for and have an idea of what your premium should be, check which companies offer the types of car insurance coverage you need. Shopping for car insurance coverage from different providers is the easiest way to find the best rates. ![]()
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