Compare Auto Insurance Rates: Tips to Save Money
The best way to get low auto insurance rates is to shop around and compare rates. Some places to start are:
- Your friendly local agent. You probably know an insurance agent.
- Insurance.com
- HometownQuotes.com
Next, examine the following factors that contribute to auto insurance rates. You might be able to improve your standing by adjusting these factors.
- Driving Record - Lots of tickets and accidents = high rates.
- Credit Score - Check your credit report to make sure that it's accurate. Misinformation on your credit report can cause insurance rates to be higher.
- Type of Coverage - More coverage = higher rates. Sometimes it's better to avoid collission insurance on low value cars.
- Location - Your zip code. Cities with more theft and accidents often have higher insurance rates.
- Age and Gender - Young male drivers are more likely to be in accidents, and thus receive higher rates.
- Parking - A car parked on the street will be charged more than a car in the garage.
- Type of Car - A boring, safe car is cheaper to insure than a sexy sports car.
- Miles Driven - The more you drive, the higher the rates.
- Deductible - A higher deductible will be rewarded with lower rates.