#lowest auto insurance rates
Where can I find the lowest auto insurance rates?
Auto insurance is an unfortunate necessity of life. Vehicles operating in all 50 states must carry a certain amount of auto insurance. There is no getting around it. However, finding low rates on auto insurance allows a driver to meet state auto insurance requirements and save a little money at the same time. Enter your ZIP code into our FREE auto insurance comparison tool to find the best rates!
According to an assessment of average automobile insurance expenditures, drivers pay the most for auto insurance in the following states:
- District of Columbia
- New Jersey
- New York
Drivers pay the least in the following states:
Note: Living in one of the states with the most expensive rates does not automatically exclude a driver from being able to save money on auto insurance .
Many car insurance agents throughout the United States are available online with some operating exclusively online. It takes time to sort through auto insurance rates and determine which ones are the lowest. It is not enough just to find the lowest rate. An insurance agent may offer the lowest rate, but the coverage may not be what you need. The first step is to begin to narrow your choices.
- Make a list of your insurance needs. This includes the coverage you need and what rates you can realistically afford.
- Search online to get a general idea of what rates and auto insurance packages are available.
- Visit local agencies and individual agents in your area. Some agents may offer a quote in person that is lower than what is listed online.
- Get all quotes in writing.
- Do not make any commitments to purchase coverage until you have compared rates with other agents.
Letting an agent know that you are comparing rates can work to your advantage. Clearly state at the beginning of the conversation that you are just getting quotes and are not prepared to make a final decision yet.
Friends and relatives are more likely to give you an unbiased opinion when it comes to auto insurance. The same is true when reviewing comments online. People are usually willing to share their experiences, both positive and negative, with others. This is especially true when it comes to saving money.
Age Related Discounts
Younger drivers are going to pay more. That is a fact of life in the world of auto insurance. If you are a younger driver and maintain a good driving record, you are likely to see a discount around 20 percent once you reach the age of 25. Conversely, drivers over the age of 60 may face increased rates. However, a good driving record is considered in each situation. You will typically find the best auto insurance rates between the ages of 25 and 55, considered the safest collective age group of drivers.
Living in a Lower-Crime Area
Where a driver lives can be a determining factor in auto insurance rates. The length or your daily commute and the overall crime rate in your area can also affect your insurance rates. If you can demonstrate that you live in a safe neighborhood and take a reasonably safe route to work everyday, you are likely to get some type of discount. Most agents will confirm your home address since this is a determining factor in setting your premium.
If you can, try to find an insurance agent or agency in your general area. They are more likely to be willing to offer you driver-specific discounts. Additionally, if most your neighbors are using a certain agent or agency in the area, they are more likely to be willing to add you to their client list by offering a low rate.
Loyalty means a lot in any business. Instead of looking elsewhere for lower auto insurance rates, start with the company you have now. If you have had your auto insurance for a long period of time, discuss the possibility of a discount with your agent. Let your agent know that you are shopping around for a lower rate. Most companies want to hold on to their customers and will make reasonable concessions to do so.
If you cannot keep it local, your next bet is to look online. Many online agents or agencies will request certain information to provide you with a quote. Be honest about the information you provide. Typical questions involve basic details of your driving record and general information about the policyholder such as age and driving record.
Use Your Existing Insurance Company
Several insurance companies offer multiple types of auto insurance coverage. including auto insurance. If you have life insurance or health insurance with the same company, ask if they offer auto insurance coverage. Adding this coverage to your policy is a good way to secure a reasonable rate since you are already a known policyholder. Depending on the company you are working with, you may be able to secure a lower rate for consolidating all your insurance needs with one company.
Multiple Vehicle Discounts
Some companies offer a auto insurance discount for multiple vehicles covered under a single policy. Multiple drivers can be added to an existing insurance policy to save money. Sometimes it is cheaper to hold separate policies. Before making a change, ask what discounts are available for multiple vehicles. Keep in mind that the policyholder must be the owner of the vehicles being insured, unless one of the vehicles belongs to a minor. In that case, the vehicle can be added to the policy.
It takes a little work to find the lowest auto insurance rates. Do not just look for the cheapest rate. There is no point in paying a low premium if it will cost you much more in the event of an accident. Allow enough time to get a decent selection of quotes before making your final decision. Low auto insurance rates aren t as elusive as you might think. Find cheap auto insurance with our ZIP code search and save!