Tips to Finding the Best Car Insurance for Your Budget

by Bobby Gruner - Posted 2 years ago

Shopping for car insurance can be such a drag, but here at Simple Auto Finance, we want to help you out and make this an easier process for you! Whether you’re looking for the bare minimum state required insurance policy or would prefer to find the cheapest deal on bumper-to-bumper coverage, we have some tips for you on comparing and shopping around to find the best insurance policy for your budget. Continue reading to learn what they are!

Where to Start

There are many insurance companies, both national and local, so be sure to do some competitive research before just solely looking into the auto insurance giants like Allstate, Geico, Progressive, and State Farm. Sometimes local insurance agencies offer more coverage for less money!

Find Out the Requirement

Did you know that every state has a different policy when it comes to auto insurance? In fact, each state has a minimum insurance requirement that forces every active motorist to carry a minimal level of insurance on their vehicle just to ensure that any driver can cover the cost of damage if an accident were to occur. If a driver is caught driving without insurance, a hefty ticket and fine will be written.

Texas law requires drivers to carry Bodily Injury Liability ($30,000 per person and $60,000 per accident), Property Damage Liability ($25,000) and Personal Injury Protection ($2,500) coverage!

Compare Prices

The most important part of landing the best and most affordable auto insurance policy is to spend some time shopping around. It will be well worth it in the long run when you end up saving a hefty sum of money each year.

Most car insurance companies will post their rates online and even have price comparison tools available to prospects. Use these resources carefully and compile a spreadsheet of quotes in order to see which one will best fit your needs–and budget. Keep in mind that many of these online tools require the following:

1. Vehicle Identification Number (VIN)
2. Driver’s license number of each driver on your plan
3. Driving record information

Check to See If There Are Any Discounts

Did you know that a lot of auto insurance companies offer discounts? Some of these discounts may be applied if you are a good student or safe driver, have completed a driver’s education course, have safety devices implemented in your vehicle, or have multiple drivers on your plan. There are also many other discounts offered individually by insurance companies that are hidden, so be sure to ask!

Although these tips are not exactly a direct step-by-step guide to saving money on car insurance, they should give you a good idea on how to begin your search! Do you have any other questions regarding auto insurance? Give us a call at 214-778-1112 today!