YOU ASK:

How can I find the automobile insurance companies offering the best quotes?

WE ANSWER:

Until a few years ago, it was nearly impossible to shop around for the best quotes offered by automobile insurance companies without the help of an experienced insurance agent. The accessibility of the Internet, however, has made it much easier to compare quotes offered by auto insurers.

Getting an Auto Insurance Quote Online

Most insurers provide user-friendly instant quote tools on their websites, which can help you find the right quote for you. They will usually ask you to provide basic information, such as your age, marital status, occupation and the place where you live.

In addition to that, they will require more specific information about your driving record, the make of the vehicles you own, how far you drive, whether you use your auto to commute to work, etc. These are questions that roughly determine the auto insurance rates you are likely to be offered. For a more accurate rate, you need to provide your Social Security number and your auto's plate registration number.

However, getting the quote that best matches your auto insurance needs is not always about the rates. In fact, the lower the premium, the more likely it is for you to end up underinsured which may have catastrophic financial consequences for you in the event of a car accident or any damage to your automobile.

Furthermore, auto insurance premiums vary from company to company and from state to state, therefore we recommend that you compare quotes offered by at least several automobile insurers.

Comparing Auto Insurance Companies

Here are a few tips that can guide you through the important process of choosing an automobile insurance quote:

  • You should check the insurance companies' history, financial security and record of complaints. Buying auto insurance is a crucial decision-making process so make sure the company you choose will be there for you if you need to make a claim.
  • You can check each insurance company's record at the National Association of Insurance Commissioners' website. Always opt for highly-rated companies. Organizations such as Weiss Rating and J.D. Power Consumer Center Ratings are famous for offering accurate and unbiased assessment of automobile insurance companies. Weiss rates the best insurers with A, and J.D. Power - with five points.
  • Make sure you monitor you insurer's performance and rating even after you have purchased a Personal Auto policy. Remember you can always switch insurers if you qualify for a better deal.
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