You’ve probably seen the online ads lately. “KALAMAZOO MOM DISCOVERS $9 TRICK FOR AUTO INSURANCE!”
But, how much truth is in these claims, and what really is the lowest you can pay for auto insurance?
It’s an important question because auto insurance is one of the largest monthly expenses for many people after rent, gas, and car payments.
Let’s look at the claims made by some of these ads:
Firstly, when they say $9 insurance, they mean $9 per week, which works out to $39 per month, or $468 per year. Now, that’s not as exciting as $9 per month – but it’s still probably a lot less than most people are paying.
So, what is the “trick” to get you there? Well, it turns out all you have to do is have a perfect driving record, no DUI’s, drive very little, drive the right car, and live in the right zip code.
But, the truth is that most people do pay more than they have to for auto insurance.
Three things consumers should know to save on their auto insurance:
1. Rates are constantly changing. In fact, in certain states and for certain policies, rates have actually dropped significantly in the past 12 months. And, if your record has improved, you may even be eligible for additional reductions. You can be sure, however, that your insurance company isn’t going to call you up to offer you a discount.
2. You're not locked into your policy. Even if you have pre-paid your current policy for an entire year, you can still cancel at any time and receive a pro-rated refund.
3. Comparing quotes from multiple insurance companies is the best way to save the most money.
And, the good news is that today, there are online services that let you quickly compare rates from a nationwide selection of auto insurance companies, all competing for your business. You simply enter your specific details and instantly receive quotes from a wide range of reputable companies, so you can immediately see how much you could save by switching.
One of the most comprehensive of these comparison services is offered by a website calledInsureMyCar4Less.com. They operate a completely free service that will quickly get you auto insurance quotes from a wide network of premium insurers. It makes it quick and simple to learn which company is willing to insure you for less.
The site also contains a wealth of reference information that helps you understand how different policies work, and how to save the most money possible.
The fact is with a minimal amount of time, and with the help of a service such asInsureMyCar4Less.com, you may be able to actually save hundreds of dollars, quickly and without any weird tricks.
Click here to find out how much you could be saving every month for your auto insurance coverage. You may be surprised.
