originally published on WalletHub.com on April 11, 2023
Full article: https://wallethub.com/edu/ci/how-to-get-cheap-car-insurance/93647#expert=Melanie_Guldi
Is it better to focus on getting cheap car insurance or getting as much coverage as possible?
This depends. If you have a newer vehicle, it is probably better to get fuller coverage, and a fuller level of coverage may be required if you borrowed money to purchase the automobile. However, if you have an older (lower value) car, you may want to save some money on your premium by reducing the comprehensive coverage.
Do you have any tips for finding cheap car insurance coverage without sacrificing quality?
I would suggest shopping around. Ask for the price for the exact same coverage at multiple companies and determine the least expensive option. If two companies come in at the same price, look at the non-price information to make your decision (e.g., customer reviews, availability of agents after hours, etc.).
What red flags should people watch out for when comparing cheap car insurance companies?
If something seems too good to be true, it probably is. Always read the contract to make sure the terms are what you think they are.