There are many different factors that can affect the coverage and pricing that insurers are able to offer you.
We'll help connect you with an expert insurance agent - so you can be sure you get the best possible rate for your scenario.
What to Consider when Shopping for Insurance
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At Compare Insurance Quotes, we are dedicated to connecting you to expert insurance agents that will be able to help get you the coverage you need at the price you want.
- There are several different types of auto insurance coverage: liability, comprehensive, personal injury protection, and collision coverage. Liability insurance is where you start - it is required in almost all states.
- Almost every state also has minimum coverage requirements. The requirements differ from state to state, and an expert insurance agent will be able to walk you through how much coverage makes sense.
- The amount of your deductible will affect the cost of your monthly premium. The higher the deductible, the lower the premium (most of the time). A deductible is the amount you pay before your insurance kicks in. So, if there is $1000 in damage to your vehicle and your deductible is $500, you would have to pay $500 and the insurance company would pay the rest.
- The value of your vehicle will affect how much your premium is, as well as what kind of coverage makes sense for you. A $250,000 Ferrari will require different coverage than a $25,000 Honda!
- Your driving record will also factor into your coverage and premiums. Insurers will generally look at whether you have any prior tickets and accidents in the past three years.
- Several other factors can affect your coverage and premiums, such as how much you drive the car, your credit score, and age. Insurers rely on statistics to evaluate the risk level of individual drivers.
