- Auto insurance -Read & Learn: Auto Insurance Buyer’s GuideConsider this your secret weapon. It’s all you need to know about how to save on your auto insurance rates, what coverage makes sense, and why we recommend only insurance carriers with solid financial strength ratings. It’s your money – and your auto insurance. We’re here to help you buy the right stuff and save a little time and money while you’re at it. Who You AreYour rate is in your hands. Though we can make generalizations, auto insurance is not a one-size-fits-all commodity. Who you are has the biggest impact on the premium you’ll pay. Auto insurance companies consider your age, gender, credit history, driving history, marital status and the car you drive when quoting you a rate. Some factors will provide you with a discount, others will increase your rate. That’s why it’s so important to know how insurance rates work.
Where You LiveBig cities? Big rates. Drivers are often surprised by how much less – or more – they pay for auto insurance when they move from state to state. A policy that costs $1,200 in New Jersey might cost $600 in Ohio. But auto insurance rates can fluctuate within a state, as well. Drivers who live in Miami pay an average of $3,031 a year while drivers who live in Winter Haven will pay $2,095 – a $936 difference. The reason? The greater likelihood of accidents and theft in Miami. Who You AreYour rate is in your hands. Though we can make generalizations, auto insurance is not a one-size-fits-all commodity. Who you are has the biggest impact on the premium you’ll pay. Auto insurance companies consider your age, gender, credit history, driving history, marital status and the car you drive when quoting you a rate. Some factors will provide you with a discount, others will increase your rate. That’s why it’s so important to know how insurance rates work.
What You ProtectThe minimum is not always enough. Florida law does not require drivers to purchase insurance over the state minimum. But most drivers supplement the minimum with additional auto insurance coverage in order to protect their finances and themselves – especially in the event the other driver is uninsured or underinsured. You May Be Paying Too MuchIt’s a balancing act. Even if you carry more than the Florida state minimum, you might not have the right coverage. You could actually be paying more for coverage you don’t need. Or you may find a lower rate if you shop for quotes from multiple companies. Do an annual policy check-up to make sure you get the best auto insurance coverage and rates possible. The only real way to find out if the premium you’re paying is more or less than what other companies offer is to compare quotes and pick the policy that’s best for you. How to Shop:
Step 1. Understand What Affects Your RatesKnow which facts make a difference. Your driving record, annual mileage and the number of years licensed are the three most important factors for California insurance rates. Your home address is also important, but Proposition 103 keeps rates relatively lower in urban areas. Some insurance companies ask about your education, occupation, or grades in college. And, the coverage, deductibles, and safety features of the cars you drive will determine your final rate. Step 2. Decide How Much to BuyIt’s all about protection. Auto insurance protects you, your passengers and your personal assets. If you rent an apartment, home or condo, state minimum limits may be enough coverage. But, if you own a home or have other assets, you’ll need more coverage to protect yourself from lawsuits and liability. Start by comparing rates for the amount of coverage on current policy. Then, check the cost of buying more – or less – coverage. We’ll explain the differences, so you clearly understand the trade-offs. Step 3. Shop Smart and SaveGet comparison quotes. Insurance rates change more than once a year, so an annual insurance shopping trip may pay for itself. Get quotes from several insurance companies to make sure your rates are competitive. Insurance.com is a quick check-up for the latest rates from top California auto insurers, including Infinity, Progressive and Safeco. Don’t renew your policy until you compare rates. It’s fast and it’s free. Step 4. Learn How Auto Insurance Really WorksAuto insurance is little different in California. Companies are required to focus more on who you are than where you live. And, the use of credit is not permitted, as it is in most other states. Your auto insurance rate will be based on the personal information you provide – and your insurance company will verify that information using your MVR and claim history. Insurance.com makes it easy. You only need to answer these questions once to receive competing quotes from the California auto insurance companies we represent. No need to visit or call different agents who may only offer one quote. Ready to get started? |