On Line Car Insurance

The great thing about finding auto insurance on line is that the power of comparison shopping is right at your fingertips. A number of auto insurance companies provide instant quotes on line in only a matter of minutes. On line auto insurance companies that offer instant quotes include Geico, Progressive and State Farm, just to name a few. Some of these companies may even have a local agent e-mail or call you as a matter of following-up, which can be of great help if you need more detailed information or if you need help with any aspect of getting auto insurance on line. Drivers who comparison shop on line for car insurance can save up to 50% on their insurance rates, especially since these rates can vary from company to company.

Of course, if you find the task of comparison shopping for auto insurance on line to be bit tedious, there are several on line sites that specialize in collecting monthly rate quotes for multiple companies. With these sites, you only need to enter your information once in order to receive quotes from a select number of insurance companies. This can be a big help if you want to compare the cheapest rates available, but don’t have the time to do so on your own.

There are also many factors that people don’t consider when getting cheap auto insurance. Age is one of the biggest factors in how auto insurance premiums are calculated. As a result, most drivers under the age of 25 typically see higher premiums than those within the 25 to 55 year old bracket due to their higher risk factor. These risk factors include aggressive driving, more frequent accidents and vehicle operation citations. Once a driver reaches the age of 25, they usually receive greatly reduced rates, due to the 25-55 age bracket being considered among the safest drivers on the road according to insurance companies.

If you happen to be under the age of 25, there are still ways that you can benefit. For instance, those who are under 25 and currently in high school or college can benefit from “good grades” discounts. Many insurance companies offer these discounts because young drivers who keep their grades up are considered to be more responsible than others with average grades and therefore represent a lower risk for the insurance companies. Most companies require that drivers maintain a B grade average or a G.P.A of 3.0 or higher, as well as documented proof of these grades (such as a report card or a transcript).

Another key to getting the cheapest on line auto insurance is as simple as raising your deductible. A deductible represents the amount of money that you pay before you can file an insurance claim. A low deductible of $250 can result in higher insurance premiums, while raising that same deductible to $500 or more can drastically reduce your monthly rates. These important tips can help you find the cheapest rates on line.