Compare without Commitment
The first thing you should know is comparison sites do not require a commitment to use their services. Most will provide quotes from 10 to 15 auto insurance providers at no charge. Once you receive the quotes and policy details from each company, you are not obligated to sign on with any of the companies. The quotes are strictly for comparison so you can be informed about what each company has to offer.
How it Works
When you visit an online quote comparison site, there’s usually one detailed form to fill out. This form asks information about your auto insurance needs. You won’t have to compromise confidential or personal information at this time. It is mainly general information to get an idea of what type of policy you’ll need. Questions may be asked about the year and make of your car, your age, how many people will on the policy (and their ages), the state where you live, etc. These are general questions that can be answered without divulging personal data. You’ll only give personal information if you decide to sign on with a particular company.
Once you submit the form, the site may offer immediate quotes from some companies. Others will send their quotes by e-mail. After receiving the quotes, you can compare what each company offers for the price given. Be sure to consider the type and amount of coverage as well as the deductible, not only price. Some prices might sound wonderful, but the policy could be insufficient for your needs.
Types of coverage may include your minimum liability (required by your state) and any additional liability you wish to buy, collision, comprehensive, towing, medical payments, uninsured/underinsured motorist, etc. Your state requires you to keep a minimal amount of liability coverage. If you owe money on your car, your lender might also require collision or comprehensive coverage. Other types of coverage can be added at your discretion. Be sure the policy you’re considering has all the coverage you need.
Quotes from Highly Rated Companies
Many car insurance sites limit the quotes given to a few highly rated companies. These are companies with an A- or more rating with A. M. Best’s rating system. This means the quotes you receive are only from top providers that are financially stable. Don’t assume that all these companies offer great customer service or fast claims processing. Research further using other resources such as Better Business Bureau or your state’s Department of Insurance to make sure the company is properly meeting its customer demands.
Once you receive quotes from several reputable companies, consider contacting an agent online or by phone to ask more questions about the policy of interest. An agent can walk you through the process and explain payment options for the policy as well as coverage details. You’ll want to clarify any misunderstandings and make sure the policy has everything you need for your family. An agent can also help you research further if you need car insurance for special situations such as teen drivers, DUI in your past, multiple car coverage, etc. If you haven’t chosen a provider yet, consider working with an independent agent (broker) to compare several companies using the agent’s expertise.
Online quote comparison sites can arm you with valuable information to find the most coverage for your money!
