You’re ready to begin shopping around for auto insurance coverage. Before you begin, there are some items you should add to your checklist to ensure that you’re on the right track. You’ll need certain information on you when searching for quotes and you’ll need to know when to begin looking for car coverage if you’re already insured with an another agency.
When is the Best Time to Search for Quotes?
You should definitely begin your search for auto insurance quotes well before your current insurance policy cancels / expires. Normally, it’s recommended that you begin searching 30 to 45 days before your insurance policy is expired. Begin comparing rates all over to see where you can find the best available deal. You don’t want to wait until the last minute because you may get stuck renewing your policy or paying for a premium that’s only semi-affordable. Also, putting a deposit on an insurance premium ahead of time will save you money. As it the date closes in on when you want your policy to start, the rates tend to rise. Also, you want to lock in the rates that you find because rates tend to fluctuate. Also, it’s a good idea to check around for rates every two years because you could be paying more than you have to for the coverage that you have.
Important Info Needed for Insurance Quotes
There are various details that will be needed about the driver, vehicle and the previous auto insurance. For driver information, you will need birth date, driver’s license number and dates for violations and accidents from the past three years. There are some insurers that require this information from the past five years. If you think you’ll get away lying about this information, the insurer will pull up a motor vehicle report to see what’s on there. Then for the vehicle that will be getting insured, you will need the make, year and model. The insurance agency will also want to know whether the car has an alarm system, anti-lock brakes and other safety features. Whether your car has custom paint, trim packages and features that will cost money to repair. For your prior insurance, you will need the insurance company name, policy renewal date. If you’ve had a gap in between coverage, they’ll want to know the length of time from your previous coverage to the new one.
You will also need to provide coverage limits. How much liability do you want to have for property damage and bodily injuries? This will need to be known if you don’t live in a no-fault state. Make sure you know beforehand what type of coverage you want to purchase. The deductibles is something else you’ll need to pick before receiving your quote. A lot of people choose between $250 and $500 for comprehensive and collision protection. Keep in mind that there are various types of discounts available. See which ones you are eligible for — good student (high grades), driving a hybrid, safe driver, low annual mileage and others. If you get discounts with your current insurer, see if you can get the same without another agency.
Comparing Auto Coverage
This is one of the crucial parts of shopping for auto coverage. You will need to search around as much as you can in order to get a list of quotes to compare. You can also use websites that will compare rates for you side-by-side, making the process a whole lot easier. When you’re comparing the insurance quotes, you should look at the limits and deductibles. How much can you get for the best rate? Check to make sure that each of the insurance carriers are offering exactly what you wanted, peep if there are any minor changes in the benefits offered (this could be why they’re cheaper than the others). If you want to pay a little more for additional coverage or take some off for a cheaper rate, you can adjust the deductibles and liability limits. You could save lots of money by choosing a deductible that is low, like $1,000 or even $500. If you’re not saving at least 10%, then it isn’t really worth it.
Be careful that the quotes that you’re looking at are actual and not just estimates. The last thing you want is to settle for an insurer at a rate that isn’t definite. You can save a lot of time by shopping on the net, all of the quotes are easily accessible through a comparison website. Or get quotes from actual insurer websites yourself.
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