You can buy car insurance online, over the phone, or through an agent or broker. Most major insurance companies allow you to pay for car insurance using a money order, check, credit card, debit card, or direct bank account transfer.
Steps to Buy Car Insurance
1. Gather your driver and vehicle information.
You’ll need details such as driver’s license numbers, VINs, mileages, and prior insurance carriers, if applicable.
2. Decide which method to use for purchasing insurance.
The different methods include buying from an independent agent or online through a company’s website.
3. Understand what types of coverage your state requires.
Most states require at least liability insurance, though others require additional types of coverage like personal injury protection or uninsured motorist insurance.
4. Look into optional and supplemental types of coverage.
Types of insurance like comprehensive coverage or collision insurance may not be required, but they can make sure you are protected in a wider range of situations. Understanding what types of coverage are available can help you determine what coverage types would benefit you in the long run.
5. Compare quotes from several different companies.
Comparing quotes online is usually the easiest way to go about this, but make sure you’re comparing quotes that are comparable, meaning they have the same types of coverage, same limits, etc. This way, you can make sure you’re getting the best deal possible on the coverage you want.
Don’t forget to check small insurers, too. The big companies may have better advertisements, but they don’t always offer the best rates. Additionally, reading reviews from other customers and consumer watchdog groups can help you make an informed choice.
6. Make sure you’re taking advantage of all available discounts.
Most insurers offer a wide range of ways to save on premiums. Some even offer discounts for simple, everyday things like having airbags and seatbelts. Don’t be afraid to ask your insurer if there are any other discounts you could be eligible for.
7. Pick your deductible and payment plan, then pay your policy premium.
In general, a higher deductible will result in cheaper monthly premiums, but make sure you pick a deductible you can afford in the event of an accident.
Some insurers offer discounts for paying your premium in full, but you can usually choose monthly installment payments instead. Payments can typically be made online, through your insurer’s app, over the phone or by mail.
To learn more, check out WalletHub’s guide to getting car insurance.
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