Regardless of where you travel or how much you travel, if you drive you need reliable car insurance. If something happens to you out on the road while you’re driving, it pays to have auto insurance.
Approximately 6 million car accidents occur in the U.S. each year and three million people are hurt car accidents in the U.S every year. Regardless of where you travel, the likelihood of a car accident and getting hurt in a car accident is still very high.
With auto insurance, especially full-coverage auto insurance, you can feel more at ease on the road knowing you’re covered if something happens. There are many benefits to car insurance including:
- Helping to pay replace your car if it gets stolen
- Helping to pay to repair damage from animal collisions
- Helping to pay to repair damage from fires, floods or weather
Having car insurance is important, but it can be tricky to find exactly the right policy. With so many auto insurance companies offering a variety of policies, it can be difficult to sift through them all. When it comes to picking the right car insurance, here are some steps you can take.
- Find the right car: Not only do you want to feel comfortable in whatever you’re driving around in, vehicle damage and the cost of repair is a big factor in the price of insurance. When picking a vehicle, looking at collision data can be helpful. Sites like Hldi.org can offer specific vehicle information and give an idea of how much that vehicle’s insurance costs may be.
As an example, the average cost to own and operate the average sedan was $8,558 in 2015.
- Discounts: Many auto insurance companies offer discounts for lower risk drivers or for a record of good driving. Insurance companies also offer insurance bundles where packaging home insurance or farmers insurance for a lower total costs.
- Check rates: If you’ve already got an auto policy and you’re coming up for renewal, it can’t hurt to check with other auto insurance companies to see if you can get a lower rate. Keep in mind that if you’ve been involved in previous auto accidents those are reported on your insurance for a set amount of time. When those come off, there’s a good chance your costs will be much lower.
- Credit Check: Keep an eye on your credit score since a low score may have an effect on your premium.
- Review Coverage: In addition to checking annual rates, it doesn’t hurt to review your coverage. If something has changed you want to make sure you’ve got enough coverage, especially liability coverage. Auto insurance companies can give you as much or as little coverage as you need, but keep in mind that a lack of coverage equals a lack of protection.
- Check Your Deductible: Auto insurance companies calculate your policy based on several factors. Paying a higher deductible can reduce a premium, but it increases costs if there’s an accident. Having a good driving record can help reduce costs, but it’s important to maintain that clean driving record.
Are you in the market for good car insurance? Depending on your needs, cheaper car insurance may be the best option or you can follow these steps to find the best auto insurance company for your needs.