Auto insurance is peculiar in that there are more people with car insurance than people with life insurance. This really isn’t surprising considering that you can’t drive your car unless if you have car insurance. But like any type of insurance, car insurance is a pre-need product, which means you won’t really need it unless if you run into an accident. This is the reason why it’s always good practice to find the best auto insurance rates.
Because of the Internet, it’s much easier to find good rates. The only thing you really need to do is to find a website that compares auto insurance rates. Just type in “compare auto insurance rates” on Google plus the name of your state. You should be able to find several comparison websites that way.
In order to find the best car insurance rates, you don’t just look at the price. You also need to take the time to check out the inclusions of each insurance plan. You’d be surprised to know that car insurance is actually cheap especially if you’re driving an SUV or family car. What can make car insurance expensive are the riders, or add-ons. There are so many types of car insurance riders and it would really pay if you ask yourself if you really need them. Some of them you will need, while some of them you won’t.
Anyway, if you’re about to buy your new car, just know that the model of your car is one determining factor for the insurance rate. Another determining factor is your civil status and gender.
The most expensive cars to insure are sports cars and small, compact cars. Why? Because most insurance actuaries (accountants who determine insurance rates) believe that people who drive sports cars are prone to risky driving behavior like speeding and drag racing. On the other hand, small cars are expensive to insure because they can easily be at the losing end of a car crash, especially when the enemy if a Ford Expedition.
SUVs and family cars are cheaper to insure because it is believed that their drivers are parents who drive their children to soccer practice and thus drive more safely. Thus, if you want to get really good insurance rate, it will help if you choose a car that’s cheap to insure.
Another factor that goes into rates of car insurance is your driving experience. Insurance companies actually differ in determining how experienced a driver is, so it might be better to ask the insurance companies what you need to do in order to get a cheaper rate.
You might think that the published rates generated at price comparison websites are cast in stone, but actually they can still go up or down depending on several factors, like the ones we mentioned above.
If you’re worried about not getting a good price, just remember that there are many, many insurance companies (auto insurance companies) throughout the country and they’re all eager to have a customer like you.