How to Find the Best Auto Insurer for You in the US

There are always three sides to finding the best automobile insurance companies. You need to have affordable price, good coverage and confidence in the provider. It is no exaggeration to say that motorists are spoiled for choice in the US market. There are at least a hundred of them licensed to sell in most states. You can see a few of them offering amazing deals to our visitors on the platform above. So, what would you be looking for and how are you going to choose the most suitable policy for your circumstances?

As mentioned above, you need to get the essentials right. However, you may need to wiggle around a bit to get close enough to what you need. You don’t want to pay a high premium, cut corners in the coverage or get protected by a carrier with suspect reputation.

Is the Price Right?

When you start looking around for a policy you should get a few quotes first. This is always the first step to get the ball rolling. Let’s face it; most households have tight budgets to work with. When it is well over the budget it becomes almost irrelevant which one provides it because we cannot pay for it. Then, there is no need to bite nails but move on to next.

Let’s go back and remember what we said above. You have plenty choices to be worried about dumping one or two expensive ones right at the start because of high quotations. The price difference would be a lot more visible when you don’t have clean record and claim history. The best car insurers are known to prefer good drivers and offer much higher rates to bad ones. If you really want to be protected by one of them you may want to clean up your act in the next year to be eligible again. So, don’t waste time and move down the list. You can find the cheapest vehicle insurance companies per driver type on that post.

Hopefully, quotes will not be all over the place and confuse you. What you should be aiming is to get a few that are in your price bracket and line up along nicely, only few hundred dollars separating them. Then, you know it is time to move on to next step.

Is the Coverage Good?

car insurance companiesIf you gave them the exact same details, the policies on offer should be similar to each other. Still, you should check that everything you need is provided for and there aren’t any heavy conditions attached to some of the cheap car insurance quotes. In the same way, note if there are several extras offered as well as what is requested. For example, free accident forgiveness and rental reimbursement coverage would be nice. They hope that people will notice and that is why underwriters like to throw in one or two freebies there. See if you can pick them up.

Can You Trust the Brand?

If you have about three similar quotes with the right level of coverage you are in a perfect position to choose. Therefore, you should keep checking until you are in this position or fully satisfied with at least one of them. It is natural that one or two names will pop at you. US auto insurance carriers are big at promoting their brands on TV, media and online that you are bound to be familiar with some of the names.

However, you may have reservations about the type you want to be associated with. State Farm, Allstate, Progressive, GEICO, Farmers, Liberty Mutual, Nationwide, Travellers are some of the largest US car insurance companies. Esurance, Safe Auto, Auto-Owners, USAA and a few others may be preferred because of unique benefits they offer. There are too many to list here.

Every motorist would have an idea as to which are the most reliable in their opinion. Size is usually one of the criteria in company comparison. Larger ones generally have nationwide presence. Also you may have a gem of a find if you are looking for a local one that helps the economy where you live. It is your money and you should have a say about who gets it.

What People Say?

Another good way of finding out about the best automobile insurers is to look at what other people say about them. If you are using an independent broker he/she would be able to enlighten you about them. You can ask around and try to find out if people have good or bad experience with any particular name.

Furthermore, you can check online to find reviews and reports on them. AM Best, Standard & Poor’s and Moody’s offer financial ratings on mainly the largest carriers. You have to keep in mind that they only rate larger ones and therefore not seeing a name rated by them doesn’t mean the firm is not financially sound.

One of the effective ways of comparing vehicle insurers is to find reviews and look at their claim history. The state ins. department publishes the complaints received on them. Again, larger ones are more likely to receive more complaints due to number of policies sold. What you should be looking for is the number of complaints per 1000 customers. That is usually how the reports are presented.

Regularly various websites publish customer satisfaction reports that are great to judge. Quite often you will find one or two surprises on top of the customer satisfaction ratings charts. Pay attention to who rate car insurance providers and what they are based on. Independent reports are valuable sources of information compared to advertisements.

What Do You Think?

Personal circumstances and preferences should always be taken into account. You are likely to make a different decision when money is no issue compared to someone who is already struggling to pay the cheapest premiums. However, you shouldn’t be scared of wanting a good level of coverage thinking that the price will be too high. You would be surprised to see that the premium gap between a great policy and basic one is not as wide as you think. And you may be further surprised to see that one of the leading auto insurers offer you the cheapest rates.

A common problem people have when purchasing coverage online is that they don’t look at their options carefully. Large number of policyholders are happier to stay put with the ones they know instead of venturing to find cheaper, better and more reliable alternatives. That would be a mistake to make that hurts your wallet. Most experts would tell you that you should always shop around before buying or renewing a policy.

Share on Pinterest