I have always been frugal. I like to save money wherever I can. So when it came time to assess my car insurance rate, I was a woman on a mission — to pay as little as possible! I was not willing to sacrifice on safety or coverage; I just wanted to make sure that the deal I signed was the best deal available to me. Here are some of the steps I took to assure myself peace of mind — and peace of wallet — when searching for a better car insurance rate.
It seems like a daunting task, and it really is a lot of work. But there are some things you can do to ease the efforts. The first step is deciding which insurance companies to compare. Do yourself a favor; forgo the initial internet search. There are too many companies to choose from, and the information overload will drown you. Perform some market-research… Ask your friends! What insurance company do you use? Are they reliable? Are they affordable? Word of mouth is a valuable commodity! Compile a short list, then hit the Internet! Online, you will find more reviews, and you can get additional information from the companies’ Web sites.
Have your info ready
Each company I called asked for the same preliminary information to prepare initial quotes. After the first two calls, I found it easiest to make a car-info quick list. Here is the information you will need: Personal information (social security number, date of birth, address, residence), driving history (recent accidents), car year, make, model, mileage, and VIN.
If you own another car, or your home, you may consider “bundling” your insurance policies. In addition to simplifying your billing structure, combining insurance policies can save you money! Many insurance companies offer significant discounts for bundled and multi-car policies.
Question your current company
Your current insurance company may be interested to know you are shopping for better rates. Make sure they are on your call list. Your current policy may not be the only one available to you, and you may not be aware of new promotions and discounts.
At the end of my search, I brought some competitive information to my current insurance company. They appreciated my business, and were able to find similar rates and bundled benefits for an adjusted policy.