Buying an online car insurance is a great option if you want to buy according to your schedule and save time and money.
The advantage of buying auto insurance online is that you can get quotes directly from insurers without calling companies individually and repeatedly providing the same information over the phone. And since you can buy when you want, it’s convenient. Best of all, because you can get more budgets faster, you will surely find the policy more accessible and save more money.
Buying the policy regularly is the best way to save money. As your life passes, you take years, you buy a new car, insurance companies often change the fees they charge, so your current insurer may not be the cheapest over time. In addition, rates for the same driver in the same car can vary hundreds of dollars from one company to another. This means that if you know how to compare budgets, you can save a lot of money.
Let’s move on to the following steps:
Covers and deductibles
Print the cards and cancel the previous policy
First, find out how much you’re paying now. Take note of the annual and monthly cost of your insurance, as many of your contributions will be granted in both directions.
If you want to get accurate car insurance quotes from insurers, you will have to provide a lot of information about yourself, your car and other drivers in your home. Here’s what you should have at hand before starting the online car insurance purchase process:
The number of your driving license and that of any driver listed in the policy
Make, model and year of the vehicle
How many miles do you travel per year and how many are you driving at work?
Vehicle identification number
Conduct violations, incidents or claims in the last five years (dates and approximate details)
Also, please note that you may need to grant insurers permission to verify your credit report and your driving record. In most states, both play a key role in determining their rates. The insurance companies certainly review these documents, so they resist any temptation to be less than truthful. If you are not honest, the quotations you will get will be very different from those you end up paying.
2. Start buying!
Now that you have organized your personal information, you have an idea of how much car insurance you should buy and you are ready to start looking for quotes from the couriers.
3. Choose the limits of responsibility
After sharing information about yourself and your car, you will be asked to purchase car insurance.
Liability coverage for bodily injury covers other injuries if an accident occurs. Property liability insurance for property damages pays for multiple vehicles or other property caused by your car.
Here we show you how to read the minimum car insurance liability numbers:
First issue: liability for personal injury to a person injured in an accident.
Second issue: maximum liability for personal injury from injuries in an accident.
Third number: maximum liability for property damage due to an accident.
For example, if you live in Texas, the minimum liability limits are $ 30,000 for a person’s injury liability, $ 60,000 for injuries, and $ 25,000 for property damage in an accident (written as 30/60/25) .
Even if you can drive legally after purchasing the minimum liability coverage, it is not advisable. This is not the only thing that can be paid. Unless your income and assets are minimal or investment, buy $ 100,000 per person, $ 300,000 per accident, as recommended by the Insurance Information Institute (III).
Buying extra insurance to protect yourself and your business is generally very convenient. It’s an example of when it may be the best car insurance.
Consider this example, using a driver with a living driving record in California. The driver could buy 10 times more than the minimum for $ 84 more per year, on average:
|Additional cost (avg.)|
|$470||$502||15/30/5||Minimum with no extra cost|
4. Choose coverage and deductibles
Once the limits of responsibility are established, you will be asked if you wish to purchase optional covers. These typically include:
Coverage for uninsured / self-insured drivers (UM / UIM)
Protection against personal injury (PIP)
If you choose UM / UIM or PIP, you will be asked to select a coverage limit. If you choose the collision and is complete, you must choose a deductible. The limit is the maximum amount you pay and the deductible is the amount you pay before the policy is paid.
Motorist without insurance
Some states require the coverage of uninsured and underinsured motorists, while in others it is optional. If hit by someone who is not properly insured, coverage of uninsured motorists and coverage of underinsured motorists are activated.
Pay the medical, rehabilitation, funeral, pain and suffering costs for you and the passengers in your car. This coverage also assures your family members as pedestrians. As a liability cover for personal injury.
Collision and integral
We also recommend that you consider the collision and complete coverage, which are optional. However, if you rent or buy a car, the financing company will require both.
Collision coverage to repair or replace the car after an accident.
Full payment if your car is stolen or if your car is damaged by fire, hail, flood or vandalism. It also covers damage if you hit an animal or a flying object.
Collision addition and integration of your policy. For example, it costs $ 74, on average, a month to push for a 50/100/50 liability policy with full coverage of 100/300/100 with full coverage and collision.
You will be asked to choose a deductible amount for the integral and collision parts of your policy. Generally, you can select $ 250, $ 500 or $ 1,000. The deductible is the amount you pay before your insurance. The higher the deductible, the lower the rate will be. You can save money by traveling, or if you’re going on that route, or you’re not lucky when you make a claim.
Politics with integral and collision. You will save $ 388 by increasing the deductible from $ 250 to $ 1,000:
|100/300/100 with $1,000 deductible||$1,772|
|100/300/100 with $500 deductible||$1,984|
|100/300/100 with $250 deductible||$2,160|
* Methodology: based on the analysis carried out by Quadrant Information Services, commissioned by CarInsurance.com, of the quotations of the main operators in 10 postal codes in each state.
During the online purchase process, you will also be asked questions that will allow insurers to know if you are entitled to discounts on car insurance, which will help you get the cheapest car insurance for your specific situation.
This could include what you do for a living, even if your car is equipped with security or anti-theft devices, among other things.
6. Print your card and cancel your old policy
Once you purchase a policy, you can download an insurance card to verify coverage. So you can cancel your existing and probably more expensive policy and start saving. Read our guide to change car insurance company if you feel stuck.