How Marital Status Affects Auto Insurance Quotes
Insurers tend to view as more financially stable and risk-averse and therefore charge them lower rates than single drivers.
Across the U.S., single drivers on average tend to pay $83 more per year for full coverage auto insurance than married drivers. Mississippi has the biggest difference in rates, with single drivers paying 13% more per year than married drivers.
How Much You Drive
Are you a road warrior, or a homebody? The difference will show up in your premium rates. Someone who drives only a few miles a week will likely pay less for auto insurance than someone who covers hundreds of miles most weeks. It just makes sense, the more time on the road increases the chances of being involved in a crash or sustaining damage to your car.
Auto Insurance Quotes Via Agents And Brokers: 39/5
One of the greatest disadvantages of the Internet is that it’s made us forget the value, pleasure, and security of doing business face to face. You can use your computer to get cheap car insurance quotes online or make a call on your phone. But, sometimes, nothing beats the experience of a good old-fashioned personal business relationship.
Using a broker or an agency to get free car insurance quotes sometimes offers many advantages over buying car insurance online. Yes, the process usually takes a little longer, particularly initially, but over time, you may find that using a broker or agent will save you time.
Before going any further, it’s essential to explain the difference between an insurance broker and an insurance agent. A broker is fully independent and can recommend solutions from any insurance company that allows brokers to sell their policies. In that respect, the broker is working for you, the buyer. They make their money through commissions or fees on the products they sell.
An agent, on the other hand, is an extension of the insurer. A captive agent typically represents one or two companies, whereas an independent agent works on behalf of multiple insurers. Some captive agents are salaried, but for the most part, agents also make their money through commissions or fees on the products they sell. By the way, both brokers and agents should provide you with details of their commission structures on any products they sell.
You May Like: Car Insurance Laws By State
Best Overall Cheap Car Insurance
The General’s massive investments in advertising and promotional marketing have made it one of the most recognized car insurance brands. With attractive rates and excellent customer support, they’re also among the most influential companies that offer the cheapest car insurance. In almost every category, The General consistently ranks high on having some of their customers’ best rates.
One of their key marketing strategies includes letting the customer know that drivers that switch to a The General insurance plan stand to save 15 percent or more.
How may you ask?
The answer lies clearly within the company’s robust discounts. As a The General policyholder, you may be entitled to incentives and added discounts. This depends on whether your car has safety devices installed , your driving habits , your workplace or career status , and supplementary classes you undertake .
The Best Auto Insurance Coverage For You
Some auto insurance agencies will try to wow you with a cheap auto insurance price, but if you need more than minimum coverage be sure to let your agent know. If you have a new vehicle, or if your vehicle is under lien from a dealer or bank, often the minimum is not enough to insure against loss. A reputable company should be able to provide you with inexpensive auto insurance that does more than just cover your liabilities. Thats where we come in.
Cheap auto insurance that just keeps you legal is not a good option if it does not actually pay out when you have damage to cover. Just as bad, these sub-par auto insurance coverages tend to pay so slowly that you are kept out of commission without a auto for an extended period of time.
Read Also: Average Braces Cost With Insurance
Prior To Vehicle Purchase
Automobiles have an attraction like no other, and most people tend to purchase more car than is necessary. Even if the actual price is affordable for the buyer, the cost of insurance may be unmanageable within the monthly budget.
Careful consideration must be given to the following factors prior to the purchase of that expensive automobile.
Related Topics & Resources
Products underwritten by Nationwide Mutual Insurance Company and Affiliated Companies. Not all Nationwide affiliated companies are mutual companies, and not all Nationwide members are insured by a mutual company. Subject to underwriting guidelines, review and approval. Products and discounts not available to all persons in all states. Nationwide Investment Services Corporation, member FINRA. Home Office: One Nationwide Plaza, Columbus, OH. Nationwide, the Nationwide N and Eagle and other marks displayed on this page are service marks of Nationwide Mutual Insurance Company, unless otherwise disclosed. ©. Nationwide Mutual Insurance Company.
You May Like: Progressive Vs State Farm Car Insurance
Your Age Sex Gender And Marital Status
Crash rates are higher for all drivers under age 25, especially single males. Insurance prices in most states reflect these differences. If you’re a student, you might also be in line for a discount. Most car insurers provide discounts to student-drivers who take driver-safety training and start building a safe driving record.
How Do I Get Affordable Car Insurance
Finding the most affordable car insurance rates for you can be done by getting a car insurance quote and analyzing multiple policies. You should look into as many companies as you can to find the lowest rates.
Insurance Navy shops around from multiple insurance companies to find you the lowest auto insurance rates. Each sets its own rates and offers a variety of discounts.
Finding a car insurance quote that fits nicely into your financial budget and offers good quality coverage is absolutely possible with Insurance Navy.
Don’t Miss: National Continental Insurance Company Nj
Cheap Car Insurance Near Me
Hearing about low-cost auto insurance rates hundreds of miles away might not help you. Finding cheap car insurance near you from a company you can trust is important.
Insurance Navy is proudly providing cheap car insurance rates for all 50 states online and over the phone.
We have locations in the following states, Illinois, Indiana, Wisconsin, Texas, and California. You can meet with our highly trained insurance agents and get the cheapest car insurance quote for your vehicle.
Save Money With Cheap Car Insurance
Not everything in the world is the same. Even the most identical twins do not share every feature. Its the same with car insurance quotes. Before you shop for the best rates for car insurance, here’s what you need to know about auto insurance quotes. Depending on the auto insurance company, car insurance quotes will vary by thousands of dollars a year. For the same coverage, a driver might receive a quote from one carrier for $25 per month and another for $135 per month.
Our team of car insurance analysts reviewed hundreds of quotes that were gathered around the country. Our study reveals that obtaining multiple free car insurance quotes is often the best way to find cheap car insurance.
Read Also: Cheap Auto Insurance Jacksonville Fl
Cheap Car Insurance In Texas
Texas is the second largest state in the US by area and residents and visitors alike will find something to love no matter their favorite hobby. Beaches? Check. Mountains? Check. Great music? Check. Fine dining? Check. Texas is a bigger-than-life story about the old west and cowboys meeting up with high society in Dallas and oil money in Houston. They say everything is bigger in Texas and thats a well-earned motto. So bring your swimsuits and sunscreen to Port Aransas, get out your hiking boots for the west Texas mountains, saddle up your horse for a western experience in Bandera and hop on over to Antones for some rocking blues in Austin.
However, if you live in or plan to visit Texas, youll need car insurance. Its a legal requirement in the Lone Star State and youll be covering a lot of miles in this wide open state.
Nationwide Car Insurance Discounts
You can get more affordable car insurance rates on Nationwide coverage with our car insurance discounts, such as:
- Multiple policies discount When you carry multiple types of insurance policies from Nationwide , you could qualify for lower premiums on each policy than if you had separate policies from different insurers. Think of it as a discount for bundling.
- Good student discount Cheap car insurance for students is possible with Nationwide.
- SmartRide® discount SmartRide is a tracking tool we offer to reward safe driving. Heres where rubber truly meets the road plug the device into your car and it will track your driving habits, such as hard braking, speed and so forth. With a steady hand at the wheel, your low-risk driving can earn you lower insurance premiums.
- Paperless discount You’ll save money on stamps and avoid late fees if you sign up to have your Nationwide bill paid automatically at regular intervals from your checking or savings account. Some policyholders may even earn a recurring discount when they agree to receive documents electronically.
Read Also: Do Va Loans Have Mortgage Insurance
What Is Sr22 Insurance
Sometimes called SR-22 or FR-44, you need SR22 insurance if you are responsible for bodily injury liability or in a similar at- fault accident. It verifies that you can meet your obligations if you are in another accident. It can be costly, so finding the cheapest companies for these policies is critical.
We believe that every driver should be able to find cheap car insurance rates, regardless of their driving history. Visit our SR22 insurance page to find out more.
Why Do You Need Car Insurance
Car insurance, specifically liability coverage, is required in nearly every state, so you’re financially protected if you’re responsible for someone else’s injuries or property damage. With additional coverages, your auto insurance can also help pay to repair or replace your vehicle. If you’re thinking about insurance costs, there are ways to get cheaper car insurance without compromising on your coverage.
Also Check: What Does An Insurance Broker Do
How To Get The Cheapest Car Insurance Quote Possible
Regularly shopping around is the only way to find the best policy for you. Even if you have a clean record and are happy with your insurance company, you might find a cheaper price elsewhere. The only way to know is to compare car insurance rates.
Besides shopping around , there are other strategies you can try to keep your premium down:
Work on your credit. Our car insurance rates analysis found that drivers with poor credit and a good driving record pay almost as much for car insurance as drivers with good credit and a DUI.
Shop for insurance before buying a car. Insurers will charge you more depending on the type of car you drive. A recent NerdWallet study found that the cheapest cars to insure include the Subaru Outback and Forester and the Honda CR-V.
Drive cautiously. Car insurance is almost always expensive for drivers with a history of car accidents, speeding tickets, DUIs or other violations in the past three to five years.
Look for discounts. You can save on your car insurance if you own a home, take a drivers safety course or belong to certain organizations.
Raise your deductibles. Opting to pay more out of pocket if you file a collision or comprehensive claim will help reduce your monthly premium.
According to NerdWallets rate analysis, the national average cost of car insurance is $1,630 per year for good drivers with good credit. However, any auto insurance quotes you get will be specific to you.
How We Found The Cheapest Companies
NerdWallets editorial team analyzed minimum coverage car insurance rates from pricing analytics company Quadrant Information Services. Our analysis looked at 40-year-old drivers in all ZIP codes across the 50 U.S. states and Washington, D.C., with a variety of driving and credit histories. All drivers had a 2019 Toyota Camry L.
Another alternative is full coverage, but it can cost over $1,000 more a year on average than an annual minimum policy. Thats because it comes with additional coverage like uninsured/underinsured motorist protection and comprehensive and collision insurance.
If you have a car loan or lease, your lender will likely require you to buy comprehensive and collision coverage. These coverage types pay out if your car is stolen or damaged in an accident you cause, among other scenarios.
Recommended Reading: Life Insurance For Over 60
How Location Affects Vehicle Insurance Quotes
Annual quotes are for a full coverage policy as detailed in our methodology at the bottom of the page.
Car insurance is regulated at the state level, so auto insurance quotes often vary drastically depending on where you live.
And accidents are more likely to happen in dense, urban areas, so drivers in large cities often get higher quotes than people in rural communities.
Nearly every state has some minimum coverage requirements for drivers to legally operate on the road. However, requirements vary drastically from state to state.
Most states require some form of bodily injury and property damage liability insurance, though the actual coverage limits required can differ. The higher the coverage limits required, the more expensive the policy.
Some states require some form of uninsured and underinsured motorist coverage or personal injury protection , whose limits can also vary and add to policy costs considerably.
Insurers price premiums based on the risk or likelihood of claim filings in an area. Typically, denser urban areas with narrower roads and more vehicles experience a higher frequency of car accidents and, in turn, claim filings.
Drivers in densely populated areas are likely to pay more for car insurance than those in less dense areas. Rhode Island, for example, is one of the only states with more than 1,000 residents per square mile, and it is in the top 10 for most expensive auto insurance quotes.
Are Car Insurance Quotes Free
Yes, car insurance quotes are typically free. Charging for a car insurance quote usually is not a good business strategy, so many insurance companies opt to offer them at no charge to you.
This goes for Insurance Navy as well. We offer free car insurance quotes that anyone can get in just a few clicks. There are no fees or catches when shopping for the lowest rate.
Don’t Miss: Cars With Lowest Insurance Rates
How Much Car Insurance Do I Need
At the very least, you need to carry your state’s mandatory insurance minimums, commonly known as liability-only insurance. Beyond that, it is really up to you regarding how much comprehensive insurance you want to carry.
It is highly recommended that you carry well beyond the required liability insurance coverage. Other types of insurance you should consider purchasing are uninsured motorist coverage and personal injury protection. You do not want to leave yourself or your finances at risk of not having additional coverage following an automobile accident.
Increase Your Deductible Or Reduce Your Insurance Coverage
Lower premiums are obtained by raising your deductible or reducing your coverage. Still, you run the risk of having to pay more if you are involved in an accident or your vehicle is damaged in some other manner. This method is especially advantageous if your car loses value and will cost less to fix or if a minor damage isn’t as significant to repair.
Don’t Miss: Do I Need Earthquake Insurance
What Is Car Insurance
Car insurance helps protect your financial well-being if you’re in a covered accident. Instead of paying for costly injuries or damaged property by yourself, your auto insurance steps in to pay for some or all of the loss. You can customize what and how much your insurance covers, giving you flexibility to build a policy that satisfies your needs.
Is It Safe To Buy Car Insurance Online
Generally yes, you can safely buy car insurance online and it is recommended by theNational Association of Insurance Commissionersin order to get lower rates through good car insurance quotes comparison.
However, as you are sharing important information when buying car insurance online such as your social security number, which insurers need to check your driving record, it is recommended to follow these safety tips to reassure your online safety when buying car insurance:
Make sure you buy on a secure website with a high level of encryption
Make sure you are using a browser with a high level of encryption – normally the latest versions of Google Chrome, Safari, Firefox, and Explorer will do
Carefully check their reviews
Avoid spam sites
Use a credit card or a secondary debit card since it offers identity theft protection – just make sure that there are no fraudulent charges on the card
Check the insurance company’s security and privacy pages
Don’t Miss: Seven Corners Travel Insurance Review
How Coverage Affects Auto Insurance Quotes
Car insurance is typically more expensive for men than women, especially for younger drivers.
Differences in quotes are typically larger among new drivers in their teens, and often the gap in price between men and women narrows significantly throughout their early 20s to mid-20s.
Quote disparities are largely due to how insurers evaluate risk, as historical data has shown that young men engage in risky driving behavior more often than young women.