Things You'll Need:
- Computer
- Internet access
- Personal details
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Step 1
The first step is determining what kind of insurance coverage you need. If your car is older and paid off, you might only want liability insurance (which is what most state require). If your car is newer, or if you have an outstanding loan balance, you will want to also have collision and comprehensive insurance.
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Step 2
Determine what deductible you can afford as this will be one of the factors that will determine your price. If you are not one to have available savings to cover your deductible, you will want to have a lower deductible, which will increase the cost of your policy.
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Step 3
Research companies online; check for their performance and reliability, not to mention customer satisfaction. Consumer Reports does rate insurance companies. It costs to subscribe to their website; however, it is well worth the cost.
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Step 4
Get quotes from the companies you are considering. Make sure the quotes are for the same coverage with the same deductibles.
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Step 5
Get feedback on insurance companies from your family and friends. I’ve had great service from my insurance company and often give out the name of my agent.
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Step 6
Review the quotes from the top rated companies, the ones your family and friends referred, as well as the data about the companies performance and reliability, and make your selection.
Comments
Coach4U said
on 4/22/2009 Good tips on buying auto insurance. "5"
stlscientist said
on 3/15/2009 Excellent tips!
cadosh said
on 3/6/2009 Great article; it's so important to do a little comparison shopping, always! 5*
betterbody said
on 3/4/2009 Good ideas. Thanks for the info. 5*'s
LissaK said
on 3/1/2009 I will surely need to use this information seeing as how I recently discovered that buying insurance comes with buying the car itself.