If you want to find cheap auto insurance online, a search engine can often be your best friend. Just type in the search term auto insurance or cheap auto insurance and you will find thousands of sites that offer cheap insurance.
Of course, some people’s idea of cheap may be different from yours, if you chose three to five of these companies and give them the requested information, they will return a quote for automobile insurance.
While some companies offer instant online quotes that load on the next page after you hit the submit button, most will want to e-mail or call you to give you a quote. The quote should be in your in box within twenty-four hours for most companies. Unless there are specific questions that you have about a policy, many people find that the e-mailed quote is easiest to work with. This quote gives you the needed information in a precise easy to print form that will make comparisons easier.
Once you have all the quotes in your in box, take time to review the quotes. They should all meet your state minimums for liability insurance. If a quote does not meet that requirement, then toss it out of the stack. Next you will want to compare the coverage that is offered and see that it meets your minimum requirements. After you have weeded out the quotes that do not meet your requirements, then you should start to compare prices.
Even among insurance quotes for similar products, you may find that there is a big variation in price charged for insurance. This is partially due to the fact that insurance companies use different criteria to calculate the rate that they charge for insurance. You may have a black mark on your background or record that one company counts heavily against you while the other company puts little weight on the factor.
Another thing that can cause variation in insurance costs is whether a company offers accident forgiveness. With some companies, the first accident causes rates to increase, while other companies do not charge more for one accident, but the rate goes up more after a second one.
If your vehicle has depreciated in value to less than $2000, then you may want to consider canceling all but the state required liability insurance. When values of vehicles fall beyond this point, it is unlikely that you will collect the premium difference if your vehicle is a total loss.