Obviously, everyone wants a car insurance company that offers them the ideal coverage at the ideal rates; however, there are more things to consider when you’re shopping for the ideal car insurance company. You want to choose a car insurance company that is not just out to lure policyholders – you want an insurance company that’ll treat you right.
Keep these factors in mind.
Rates, Payments, and Rewards
You want to choose a car insurance company that offers different payment options, rather than just one option of payment set in stone. Several car insurance companies allow their policyholders to choose between paying in installments – mostly monthly or quarterly – or paying the entire premium at once. Some companies even offer discounts to policyholders who choose to pay their premiums in one lump sum.
Ask if the insurance company recognizes drivers who do not drive much; some companies lower rates for that. Some also offer discount rewards for those driver who go long periods of time without filing any claims.
Discounts, Discounts, Discounts!
Look for companies offering a multitude of discounts. You may not be eligible for each one of them, but the more they offer, the higher your chances are of being eligible for a few of them. A few discounts that may be of interest to you include discounts for safe drivers and teenage drivers who make good grades; discounts for active or retired military personnel; discounts for buying more than one insurance policy from the same insurance company; and discounts for having anti-theft and additional safety equipment installed in/on your car.
Car insurance companies offer various extras that policyholders can add on to their car insurance policies. An example of an extra would be roadside assistance. During times when some companies offer roadside assistance as a standard extra, some offer it as an add-on. These add-ons are nice, but if you’re not careful they could simply hike up your premiums.