How to Find the Best Prices For Auto Insurance

Insurance companies use a variety of factors to determine rates. If you have had one or more accidents, or a recent DUI, for example, you can expect to pay higher rates. Drivers with clean driving records tend to pay lower rates. Insurance companies view these drivers as less likely to file insurance claims. You should compare quotes from at least three companies before making a decision. auto home insurance quotes

The value of your car also affects the cost of your auto insurance. Older cars often cost less to insure, and you can probably reduce the cost of collision and comprehensive coverage. These coverages will cover you for the current value of your car less your deductible. You may also qualify for a lower rate if you’re married or living with a domestic partner. Also, moving to a suburb with lower crime or accident rates may lead to lower rates.

You can also reduce your auto insurance rates by paying in advance. Many insurance companies have a discount for drivers who pay their entire policy in advance. This can save you as much as 40%. The best way to save money on auto insurance is to compare quotes from different providers. A good way to do this is to use a free online tool that will help you compare quotes from several insurance companies.

In addition to making use of car insurance comparison websites, you should also consider the age of your vehicle. New cars are generally more expensive than older cars. Insurers typically offer lower rates for older vehicles. For instance, a newer Mercury Mariner will cost more to insure than a similar-aged car that has been on the market for five years or less.

When comparing auto insurance quotes, you need to look for the best coverage for your needs. Collision and comprehensive coverage are required by car loan lenders and will pay out in many situations. However, you may also be able to find cheap auto insurance by considering the state where you live. Different states and cities will have different rates and the best prices for auto insurance will vary widely.

Your age and gender also affect the price of car insurance. Younger drivers are usually considered high-risk, so they pay higher rates. Older drivers, on the other hand, are less likely to file insurance claims than younger drivers.