Thursday, September 20, 2012

Will You Save Money If You Compare Car Insurance Quotes?

By Amy Kitchel


Finding the lowest car insurance rate can be confusing. It seems that every company is telling you that they can save you more and more money on your auto insurance policy, but how can you really know if you are getting the best rate?

The truth is, finding the lowest car insurance rate is simple. One of the most effective ways to cut through the clutter is to compare car insurance quotes from an unbiased source.

So where do you start? Many national brands offer their rates, as well as the rates of their competitors but this can present a problem. You can see the rates, but if a competitor's rate is lower, you can't buy it right there. The best place to start is with a brokerage agency that allows you to compare car insurance quotes from multiple companies at one time.

If you have never gone through this process, it can be hard to understand where to begin. Buying through a brokerage agency eliminates the process of having to fill out quote after quote and you will save lots of money in the process.

Many people think that there rate will be very similar from company to company, but this is often untrue. Your rate can vary greatly depending on discounts each company offers, and the newness of the company to the market.

This is where it really pays to compare car insurance. Although you give the same information to each company, you can often find niche discounts or special rates for good driving records, or a long driving history without tickets or accidents.

Make sure that any company that you choose has a mix of small companies or national brands. The more companies that an agency offers the better rate you are likely to get. A wide variety of rates can give you a good idea of how low you can really expect your rate to be without sacrificing coverage

Local companies are a good place to start your car insurance comparison. Small companies can carry a wide variety of brands without carrying lots of extra fees and add-ons.

It is best to do research online or through your agent in order to really determine what the lowest car insurance rate for you is. If a company tells you that they have the lowest rate for you before taking your information on knowing your driving history, there is reason to be wary




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