Buying car insurance sucks. You hate it. We hate it. Everyone hates it. Unfortunately, however, it's a fact of life, so we wrote this quick guide about how to avoid 5 common car insurance mistakes so you'll be a little less bummed next time you have to go shopping for car insurance.Buying insurance from the first (and only) insurance company you talk to. This is a great way to get hosed. Go this route and you'll never know if you could have gotten a better deal from another company. Fortunately, gone are the days when you had to call each company to get a quote. There are plenty of services and websites that allow you to type in your information once, and then have a wide variety of insurers get in touch with you. Before you know it, you'll have a plethora of quotes to choose from, and you'll know you're getting the best deal.
Buying the cheapest policy you can find. I know, I know, the last mistake dealt with getting the best deal possible. However, the best deal doesn't always mean the cheapest. You see, there are a lot of unscrupulous, careless, or just plain clueless insurers out there, and while they may offer the cheapest rates (because that's what it takes to keep adding new customers when you're a crappy company) you'll get what you paid for: poor customer service, slow/nonexistent payment on claims, and an overall unpleasant experience. How do you avoid this? Check out car insurance reviews on the internet to see what industry experts and real customers have to say about the companies you're looking at.
Buying/not buying comprehensive coverage. Comprehensive coverage means you'll be covered in case of theft, natural disaster, or personal carelessness or negligence. Basically, almost everything but accidents that aren't your fault. Now, it makes sense to get this coverage if you can't afford to fix your car in the event of some relatively minor damage. However, you can save more in the long run if you opt out of this coverage and just keep some money in a rainy day savings account in the event that something happens to your ride.
Not getting all your available discounts. Car insurance companies offer a ton of discounts for all sorts of things, including safe driving, good grades, belonging to an alumni organization, getting a car alarm installed, and many others. Not taking advantage of these discounts is like leaving free money sitting on the table. It's FREE MONEY! Of course it's worth your time!
Making your premium too high. So here's the thing: while your deductible (what you pay out-of-pocket to get your car fixed after an accident) might look uncomfortably high, your premium (what you pay every month to keep your car insured) will go down accordingly. And believe us, you'll pay your insurance premium a lot more frequently than you'll pay for an accident. Take our advice: look at how much you'd save by having a low deductible, choose the high deductible, and put the difference between the two in a savings account until you can afford the high deductible.
Now you're saving money, and you still get the peace of mind knowing that you can afford to fix your car in the event of an accident. So there you have it. 5 common car insurance mistakes and how to avoid them. Just follow these simple tips, and maybe next time you have to buy car insurance, it'll feel a little less like a root canal.
Jeff is a jack of all trades with consulting and contracting experience in fields like high-tech SaaS, insurance, search, Internet search, education, and online retail. He is dedicated to helping people get the best auto insurance quotes available from auto insurance reviews sites.