Friday, November 5, 2010

Lowest Auto Insurance Rates - How Do You Find Them?

When looking for the lowest auto insurance rates there are a few questions that comes to mind. Where do I find the lowest rates, which companies have the best service, should I do an insurance rate comparison online or should I call my local insurance company?

Phone or Online Insurance Quotes?
There is something about calling your insurance company the old fashion way isn't there. When you have a sales person on the other end you can get answers to your questions that you would not be able to get online, right? Well, this is actually not true. Many find that getting their insurance online makes it a lot easier to figure out what it covers. It is simply the worst when you get in an accident and find out your auto insurance does not cover that particular type of accident.

There is absolutely nothing wrong with calling up insurance companies. You should just expect to spend a whole lot of time if you want to find the lowest auto insurance rates. This will require you to call all the local insurance companies in your area.

On the other hand you can do this in 15 minutes online. The beauty of getting auto insurance rate quotes online is how fast it is. Online you can send your insurance information to multiple companies using a compare auto insurance rate website. A good website will have all the insurance companies that are available in your area. This means you do not have to spend hours calling different companies and give them your information. Online you can do it fast and easy.

On top of that you do not have to worry about a pushy salesman how wants to put pressure on you to pick his insurance.

What Is The Best Insurance For You?
The best insurance does not mean the same for every one. Some just want the cheapest auto insurance rates, while others want the low auto insurance rates that covers their needs perfectly. This is again where online insurance quotes excels compared with the old fashion way. When getting your quotes online, you can select just the right insurance for you. You can give our extra information that will lower your premium.

Setting Your Deductible Just Right
This is very important, because if you don't you will be paying extra money for something you might not even need. Setting your deductible to low means your premium goes up. Having a low deductible is great if you get in an accident. Well, not every time. If you have a low deductible, it means you would report even a minor car accident to your insurance company. This would in return make your premium go up, meaning it would have cost you less to pay for the accident yourself. If you have a high deductible your insurance premium will go down. In case of a major accident this would mean you would have to pay more before you insurance company would pay up. But with most smaller accidents it is smarter to pay yourself anyway, meaning a low deductible would have done you no good.


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