Are you trying to figure out what to look for in auto insurance so you can make a decision on which company to use, which coverage is best for you and even save money doing so? In an industry of severe competition from national, regional and local insurers, sometimes as a consumer you do actually get tips from them. Here are the top 10 auto insurers by market share and the 2 largest insurance institutes’ recommendations for car insurance.
- State Farm’s Advice
Even the largest insurer in the United States advises you to review your policy and understand that major milestones in life can have the added benefit of lowering your premium. Once you figure out what should be included in your policy it becomes easier to choose the coverage you need and get the best price for it. Everything you read here can make better sense after that post and it may allow you to get more out of these cheap auto insurance tips.
- Geico Insight
Teenage drivers can cost you thousands of extra dollars a year in premiums, even when you get the best price. To ensure these premiums do not get even higher, Geico suggests setting some basic but firm ground rules for your teenager to prevent accidents or violations. Prevention is the best policy for nipping those premium increases in the bud. This is one of the best tips you will ever get.
- Suggestions from Allstate
Allstate as the number three largest auto insurer by market share understands that sometimes consumers feel frustrated in trying to find discounts. With plenty of driver discounts, Allstate offers a comprehensive article on their discounts, look at other insurers for the same and check our discounts page at the top. Most automobile insurance tips advise you to find as many discounts as you can.
- Pro Tips by Progressive
Of course an insurer does not become a top five auto insurer by offering horrible rate premiums. Progressive wants you to save not only on one policy, but by bundling home, auto, and life insurance into one policy you can save even more. Of course carriers would want to sell you many more policies too.
- Farmer’s Fast Facts
One of Farmers top vehicle insurance advice to drivers is to take a hard look at the car you are driving. New vehicles, especially in the last five years have started including some very technical safety features like collision avoidance, auto braking and more. These can provide a great way to get a discount.
- USAA Insurance Helps You Plan
Your credit score in many states can make up a good portion of the reason you get a discount. USAA as a specialized insurer for American military members helps its members learn about proper financial planning. A great credit score and sound financial planning can help ensure low insurance premiums. Quite a few motorists struggle to make the connection between credit score and premiums even though it comes quite often in common car insurance suggestions that you should look after your credit score. It can affect your rates as much as 20% which is nearly as much as the discount you would get by keeping a good driver record.
- Liberty Mutual Makes a Point
By being aware of severe weather in your area, you can make informed driving choices that ensure safer driving. If this leads to a lower risk of accident or damage to your vehicle, it also means low or no claims. Be proactive, put your car in the garage if hail is in the forecast or avoid roads during an ice warning. Avoid claims and the higher premiums they bring.
- Nationwide Nullifies the Deductible
Deductibles can be a sore point for many drivers. You want the cheapest premium possible and often that means raising your deductible to $1,000 or more which is smart. Nationwide further rewards this decision by automatically reducing that deductible by $100 per year of safe driving and no claims. You can have it both ways.
- American Family Fools the Thieves
Auto theft is a major concern to insurers. It is a major expense and many drivers do not pay enough attention to the issue. American Family gives you a list of tips to fight vehicle theft, from which cars to buy to smart actions in parking and anti-theft devices. There is a reason why automobile thieves can break into an older model Honda Accord easily but cannot steal a Lamborghini unless they are extremely sophisticated.
- Travelers Tools
What to look for in vehicle insurance policy? In order to get the best coverage for your situation, you need to understand insurance basics, states Travelers. Not only should you understand the requirements of your state, but making a smart decision means understanding what full coverage is and what it can protect you against. Another one of great tips would be that the premium difference between a basic liability only policy and full coverage policy may not be much, especially when you consider how much the coverage is different.
- Insurance Information Institute’s Advice
This is the largest single insurance institute in the United States. It offers simply, shop around! What to look for in car insurance quotes? Off course, one of the first thing that comes to mind is price which is what you will pay. Perhaps it is easier to look at prices and pick one of the cheapest auto insurance quotes online, rather than worrying about every single discount, who offer it and how much.
- NAIC’s Full Shopping Guide
If you have not done your homework, the National Association of Insurance Commissioners (NAIC) is here to help. Shopping for the lowest premiums is the most given and probably the best recommendation for delivering quick results.
Even the carriers that want your business give great advice, simply because a well-educated buyer is typically a satisfied buyer when you make a good choice. Use our quote tool for cheap auto insurance. Get a few quotes from some of the best car insurers and save money.