Since the vast majority of people drive cars, car insurance is a necessary evil. The fact is, if you drive a car in any state, you must have car insurance. In some states, there are severe consequences for not having that insurance. For instance, in many cities in Texas, if you are stopped for a traffic violation and do not have proof of insurance, your vehicle will be towed. Bottom line, if you have a car, you must have auto insurance. It is the law.
What are some of the most common mistakes people make when purchasing car insurance?
The most common mistake consumers make is automatically renewing their car insurance with their present insurance provider. Insurance companies are constantly tweaking and adjusting their programs to determine what rate you will pay for your auto insurance. And worst of all, there is little commonality between companies in programs that determine your insurance costs. While one company may consider your vehicle to be a family sedan, another company may consider it to be a sports car if it has a standard transmission, a larger engine, sports wheels, etc. The truth is, if you get a rate quote from 10 different companies, you will likely get 10 different price quotes for the exact coverage. Some prices may vary by well over a thousand dollars!
Unless you want to spend a great deal of extra money on your insurance, you should always comparison shop. You should never renew your car insurance without checking the rates with at least 10 different insurance companies! If you do not do this, that mistake can cost you big, big dollars. Remember, always comparison shop at least 10 companies.
Another common mistake that consumers make is buying your car insurance from the dealer where you purchase your car. Never assume that a dealer will give you the best possible price on your auto insurance. As a matter of fact, insurance from car dealers can be some of the most expensive auto insurance there is. It is a almost certain that if you diligently comparison shop for your car insurance, you will save a significant amount of money over the car insurance offered by the dealer.
What have we learned? Always, always shop at least 10 different insurance companies before purchasing or renewing your car insurance. Do yourself a big favor and read “Cut Insurance Costs” to see many other ways to find affordable auto insurance.
In the past, getting quotes from 10 different insurance companies was a huge task. You had to call or personally meet with 10 different insurance agents in order to get the information you needed. You had to fill out 10 different forms, provide 10 different copies of your driver’s license, and furnish other personal information 10 different times. That was a major hassle that most people would not do. They had rather pay several hundred dollars more for car insurance than go through the time and hassle of talking to 10 different insurance agents.
Today, through the magic of the internet, you can comparison shop 15 of the country’s top insurance companies in about 15 minutes. Finding affordable auto insurance has never been easier. Log onto to the internet, fill in your zip code, fill out a short form, and almost instantly, you will get the 4 best quotes (free) of 15 of America’s premiere insurance companies. Quick, easy, hassle-free, no obligation, and it is free!. The best part is you can be one of the thousands of consumers that saves hundreds of dollars on your auto insurance. Buying affordable auto insurance doesn’t get any easier than that.