Car Insurance Quotes

Car insurance can offer you protection from costly, sometimes unexpected surprises. As an insured driver, you’re eligible to get assistance with medical expenses, repair, and some legal fees. You want to stay protected for as long as you drive, so it’s important to find an affordable car insurance policy that suits your needs. Here’s some useful information to help you understand more about car insurance quotes and some tips on getting the best ones.

An Introduction to Car Insurance Quotes

Car insurance quotes give you a better understanding of how much you will be charged based on the information you provided. It also gives you the chance to compare deals from different insurers before making the choice. Insurance comparison platforms provide a quick and easy way for you to do this. Simply provide a few personal details and you’ll get a list of quotations from some of the nation’s largest insurers.

Understanding Trends in Car Insurance Coverage and Costs

Car insurance rates increased by 12% in 2021 compared to the previous year. The annual cost of car insurance coverage is $1,633 and this is predicted to rise by 5% in 2022. This is due to rising inflation rates and increased levels of aggressive driving in 2021, where 44% of drivers reported seeing more dangerous driving behavior on the roads.

What are the Typical Costs of Car Insurance Policies?

On average, the cost of auto insurance in America is $136 a month. However, every driver’s case scenario is unique. The cost varies according to factors like age, driving history, gender, car model, and more. In addition, the coverage level you choose plays a role too. A full coverage policy with add-ons that covers many types of incidents is more costly.

States that Offer the Best Auto Insurance Quotes

You can find some of the best auto insurance quotes in these states:

  • Arizona: $118/month
  • Illinois: $83/month
  • Hawaii: $109/month
  • Oregon: $90/month
  • Minnesota: $136/month

Factors that Affect Car Insurance Rates

Many factors play a role in determining your car insurance rates. For one, location significantly affects how much you pay. If you reside in an area where car insurance claims are high, insurers may charge you more.

Gender plays a part too. On average, male drivers pay 9% more than female drivers. That’s because historical data shows that the chances of men engaging in dangerous road behavior are higher than women. You may not know that insurers also assess your education level when determining how much you have to pay. Statistics show that people who received a higher level of education are less likely to file a claim. That’s why those who did not finish high school have to pay expensive premiums compared to degree-holders. But certain states have banned insurers from using gender and education levels to determine insurance rates. They include North Carolina, Montana, California, Massachusetts, and Hawaii.

Age, marital status, and homeownership matter as well. Those under 25 pay higher premiums while those in their 60s pay less. That’s because insurers associate age with behavior and experience. Older adults with more experience are considered low-risk drivers in comparison to teenagers. Singles often pay slightly more for car insurance because they don’t get to enjoy certain perks like marriage discounts. Those who own a house usually enjoy cheaper premiums because insurers associate homeowners with financial stability and may even offer them further discounts if they bundle their home and car insurance policies.

Your credit score is also taken into account. Based on historical data, drivers with a poor credit score are more likely to file expensive claims compared to those with better credit. That’s the reason why poor credit scores can cause you to pay 15% more for your car insurance.

Insurers also use your driving record and habits to calculate your insurance rates. Annual mileage is used to estimate your level of risk – the longer you stay on the road, the higher your chance of making a claim. Furthermore, if you have lots of red flags on your record or had your license suspended before, you’re most likely going to pay an expensive premium.

If you think the type of car you drive doesn’t matter, you’re wrong. The age of your car, the model, and the type all contributes to determining your insurance cost. New cars and old ones that have been around for more than 30 years are usually costly to repair, hence the insurance cost for these types of vehicles is higher. Foreign car models are also more expensive to insure because it’s difficult to replace certain parts.

Depending on your insurance history, you may enjoy cheaper premiums. Drivers with no previous insurance coverage usually pay about 6.5% more than those who have been continuously insured. Lastly, your coverage level is another important factor that will affect your car insurance rates. In most states, it’s compulsory to have a car insurance that covers property damage and injuries. But certain states require that you add on uninsured and underinsured motorist coverage as well as personal injury protection. If you opt for more add-ons like accident forgiveness and roadside assistance, you get more coverage but your insurance premiums go up as well.

Can You Request Free Auto Insurance Quotes?

Yes, it’s possible and there are various ways to do so:

  • Visit the insurance company: If you aren’t tech-savvy, an in-person visit to the insurance company is the simplest way to get a quote. But this is time consuming and sometimes agents don’t sell you the most suitable policy. They may try to convince you to get one that gives them the best commission.
  • Speak to an agent over the phone: A majority of car insurance companies have a number that you can dial to get a free quote. However, the lines don’t operate 24/7 and it can be tiring to keep repeating details about your vehicle or driving record to different companies.
  • Get a quotation online: The most convenient way is to use an insurance comparison website. Fill in some brief details and you’ll see a list of quotations from various companies. You can decide which is the best offer without leaving your house.

Ways to Get Cheap Car Insurance Quotes

A quick and easy way to do so is to use an insurance comparison website that generates a list of quotes from various companies based on the details you input. You can compare and see which one offers you the best deal.

Another way is to negotiate with your current insurance company. If you’ve discovered a better deal, let your insurer know and they might be willing to give you a discount or match the price.

Most insurance companies offer discounts to certain categories of drivers, including electric car discounts, good student, and good driver discounts. Do a comparison across different companies and see which one gives you the most discounts.

Does Combining Car and Home Insurance Quotes help Lower Costs?

Insurers may offer discounts if you bundle home and car insurance policies but this doesn’t mean you’ll get the cheapest quotation. Because some insurers could offer a lower price for a standalone car or home insurance and low-cost insurance companies may only offer 1 type of insurance. You should always use an insurance comparison website to check the rates before deciding whether you should opt for bundling.

FAQs about Finding the Best Car Insurance Companies

The best car insurance company is one that meets your needs. It will give you the best coverage at an affordable price. On top of that, it should also provide you with  top-notch customer service. To determine which is the best company for you, use an insurance comparison website to get a personalized quote from major insurance companies in America.

Every company uses its own methods to evaluate risk, and many factors besides gender play a role in determining car insurance costs. It isn’t guaranteed that you’ll get a cheaper quote based on gender alone.

It’s recommended to purchase a full coverage policy that includes collision and comprehensive coverage, as well as liability. If you don’t own your car, consider adding gap coverage that covers your remaining payments in case your car gets damaged. Also, if you stay in a region with high numbers of uninsured drivers, you might want to get underinsured/uninsured motorist coverage.

Contact Us

If you have any questions about car insurance quotes, feel free to call us at 718-739-9090 or send an email to [email protected].