It is unrealistic to expect that your parents’ auto insurance provider will be the best company for you. There are probably huge differences in your and their requirements, financial position, type of vehicles owned, employment status, age, driving and credit history as well as where you live. Every one of them will influence the costs considerably.
The most sensible way of looking at it is to find out your strong and weak points and locate the company that will offer the highest rewards for the strong points and lowest penalties for the weak points. And the easiest approach to finding out the auto insurer that suits your needs is to get a few quotes and see how they do in terms of price and policy package. Then, you can choose the one you are most comfortable with.
The next consideration is the policy on offer. Some companies offer extra incentives within their coverage to attract a special type of vehicle owner. They can offer guaranteed repairs for the life of the car after an accident, free (or cheap) accident forgiveness, special packages for new auto owners and so on. If you want something special you need to look for it. There is high change you will be able to find most types of cover required.
Here are a few examples of what people may be looking and how they would go about finding it. These examples are given to show you that you can find the best car insurance policy coverage for your needs if you research your options a little.
Want Proper Auto Accident Care?
This is one of the worries many motorists have. They don’t want their automobiles ruined following an accident by cheap and below standard mechanics. There are many examples of it and quite a few scare stories online. So, you may consider being insured by Liberty Mutual as they have Total Liberty Care (TLC) that will guarantee the repairs done by their approved body shops for the life of the vehicle.
Are You Military Service Personnel?
You have probably heard that you can get discounts from certain companies for being in the US army. USAA is the company that offers discounts for you and they only work with military members. There are one or two other companies offering similar discounts but USAA is more involved with the members of armed forces.
Have You Just Bought a New Car?
Cars lose their value pretty fast and you may not want to get paid around 20% less if it is totalled shortly after you purchased. There is a solution in the form of AARP New Car Replacement feature that replace totalled cars with new models within the first 15 months of purchase or 15,000 miles. If you talk to your lender you may not even need gap insurance to cover your loan if you have a policy like this.
Want to Get Discounts for Buying Online?
Several companies like Esurance, Progressive and GEICO offer discounts for buying online. Esurance is an online based company anyway. You can get a few quotations quickly to find out the lowest prices.
Want the Cheapest Auto Insurance Policy?
There are a few companies that pride themselves for offering the lowest prices. You could check with GEICO, 21st Century, Esurance, Safe Auto and so on to find the lowest prices when your decisions are budget driven. You should at least get 5 quotes. And your job will be a lot easier if you have good driving records because most companies will be happy to offer you low rates.
As demonstrated above, everyone has their own priorities when they are choosing an auto insurance policy and insurer. You can do a little research online by including your priorities in your searches and see what is available. Also, you can talk to a broker and ask them to match a cover to your specifications.