car insurance quote

Car insurance is a necessary expense, but there are way to save on car insurance too. Don’t assume your current insurance company gives you the best rate. Shop around, check quotes from different companies. I shop around for auto insurance every year when my policy is about to expire and I have already switched between three different insurance companies in last five years. As a result, I pay less than a half of the insurance premium I paid few years ago. Insurance companies compete against each other, and we can use it to our benefit. It takes just a few minutes to get the quote online. Here are few websites where you can receive car insurance quote online:

US Online Auto Insurance quotes:

• GEICO – according to their website, GEICO is the fourth-largest private passenger auto insurer in the United States. You can get an insurance quote online.

• Insurance.com – online insurance quotes from multiple providers.

• Allstate Auto Insurance

• 21st Century Insurance Company

• Electric Insurance Company

Canada Auto Insurance quotes:

• TD Insurance – Free online quotes.

• BELAIRdirect – Online quote

• RBC Insurance – Get a home or auto insurance quote online.

• PC Financial Insurance – Get an online quote

• State Farm – Serving Alberta, New Brunswick and Ontario

Auto insurance tips

- Before buying a car get the insurance quote for the model you want to buy; insurance costs may vary a lot between different cars and even between different models of the same car.
- Shop around, get quotes from as many insurance companies as you can, rates vary between different insurance companies.
- Consider higher deductible. A deductible is the amount you pay from your pocket before your insurance will pay should you have a claim.
- If you have a low-value vehicle, consider dropping comprehensive and (or) collision coverage; If you car worth just $1500 – $2000 it makes more sense to buy another vehicle rather than repair the old one.
- Ask for possible discounts – some insurance companies may offer you a discount if your car has certain safety features such as Anti-lock Brakes (ABS) or an anti-theft device, like an alarm system or an immobilizer.
- Some insurance companies offer discounts if you insure other things such as your house with the same company.
- Not all insurance companies offer the same level of service. Choose a reputable company, there is a web site where you can check ratings of various insurance companies. Follow this link A.M. Best – The Insurance Information Source. Ask your friend and relatives what is their experience with particular insurance company.
- Shop around for an insurance quote every time before your current policy is due for renewal – your current insurer not always offers you the best rate. It’s very possible that another insurance company will offer you lower rates if you switch.
- If you are planning to move, check the insurance quote for that location first, the insurance rates may vary depending on where you live and how far you drive to and from work every day.
- If you found another job that requires you to drive less to and from work, call your insurance company, they may offer you lower rates.
- Avoid traffic tickets, your insurance premium may increase substantially as a result.
- And finally, and most importantly, drive safely, so you will never have to use your insurance.

by Vlad Samarin

A car insurance quote reflects the annual premiums you will pay for a given amount of coverage with a particular insurer. Usually, the quote shows the premium you will pay on an annual basis, though some quotes may provide per-month estimates as well. The premium the insurer will quote you is determined from the individual premiums of a number of coverages. Each individual coverage has its own premium that contributes to the total amount you pay for auto insurance every year. The better you understand the different premiums that comprise your car insurance quote, the better equipped you will be to identify the best policies at the lowest rates. Read on for an explanation of the various coverages that comprise a standard car insurance policy.

Underinsured & Uninsured Driver Coverage

Your state may require you to also carry certain amounts of uninsured/underinsured motorist coverage. This coverage will pay for your medical expenses if you are injured in a collision with an uninsured or underinsured driver. In some states, this coverage can also help pay for property damage the uninsured driver caused. If your car insurance quote is too high, you might consider eliminating this coverage or reducing the coverage amount to the mandatory legal minimum, if applicable.

Paying for Your Injuries: Personal Injury Protection

A car insurance quote sometimes includes medical payments coverage, also know as personal injury protection (PIP). This coverage is designed to help pay for your medical expenses resulting from injuries sustained in a collision. PIP will also pay for the medical expenses of your injured passengers. If you or your passengers die in a collision, PIP will also pay for funeral expenses, burial, etc. Medical payments coverage is largely unnecessary if you have an adequate health insurance policy, but you may want to carry a small amount to help pay for your health insurance deductibles in the event of an accident.

Additional Coverage

The most common additional coverages included in car insurance quotes are rental reimbursement and towing or roadside assistance. Rental reimbursement will pay for a rental car in the event that your vehicle is incapacitated. Rental coverage is usually limited to a certain amount of money per day and a limited number of days. With towing assistance, your insurer will cover the cost of a tow truck if your vehicle is incapacitated. Some policies include general roadside assistance, which offers emergency services like towing, flat-tire changes, fuel delivery, etc.