Step 1: Select your Insurance and your State:
Step 2: Get your Rate Quotes:
It’s kind of funny, I started this journey to get my finances in order almost 10 years ago now and one of the first things I did was try to cut all my monthly expenses. Naturally, shopping for cheaper car insurance was on that list. So I compared and found the best price for the best coverage I could find.
Fast forward about 5-6 years. I still realize that it is a good idea to shop around for auto insurance, but I find myself not wanting to do it because I had gotten “such a good deal” that I assume I really can’t save much money. I was thinking I might be able to save $30 or $50 max.
How wrong I was. I did a quick check for rates and was quickly able to lower my premiums $330 each year – for the same coverage. But the kicker was that 6 months later, my old insurance broker called me up and told me if I came back she could save me $200 from what I was currently paying. A little quick math will tell you that with those two adjustments I was saving $530 from what I was paying about 7 months earlier – for the same exact coverage.
The thing I learned from this is that no matter how good a deal you think you are getting, it doesn’t hurt to shop around.