Cheap Car Insurance

Finding good car insurance can be very difficult. Here are a few tips:

  • Try a few different insurance companies. Companies are different. So are their prices. You may find that one company wants to charge you $1000/month for insurance and another will only charge you $400/month. You might be one of the lucky ones who only gets charged $30/month. Regardless of who you are, call multiple carriers even if the first quote you get appears to be low. You may find another company with a lower rate for you.
  • Talk to friends and family. Other people are just like you, they want cheap insurance too. Chances are, you know someone who has already called all over the place and can give you some good pointers on which car insurance companies were the cheapest for them. Remember, nobody likes to spend money on auto insurance.
  • Use the internet. The internet is a great place to find auto insurance. You can find out information about insurance companies, compare rates, get quotes, and shop around without leaving your house. There are also websites out there like 1carinsurance.org who have organized insurance company data and user data and will tell you which companies people are having success with in finding the best car insurance for them.
  • Get auto insurance quotes. Don't just trust them. Get a quote. They're free (or, if the quote isn't free you know you don't want to use that company). If you can get quotes from 6 or 7 different companies, you then have hard data to compare the companies against each other. You're also pretty sure you're going to get the lowest rate.
  • Try local companies. Often times people only think about the big auto insurance companies like Geico or Progressive. They don't even look around their local communities for auto insurance companies that might exist. Often local companies can offer cheaper rates because they don't have the large buracracy that larger companies have.
Just remember to shop around as you look for cheaper car insurance. The first company isn't always the best.

John Jonas is an entepreneur and a family man with interests in real estate, marketing, and financial products. You can find out more info at John Jonas Blog.

In The News:


Home-value insurance: We're not convinced it's a good idea
Washington Post
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Senate acts to extend flood insurance program
Boston.com
WASHINGTON—The Senate on Thursday voted to extend the life of the National Flood Insurance Program for 60 days, giving lawmakers time to work on a long-term extension that would seek to restore fiscal solvency to the debt-ridden plan.
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TheChronicleHerald.ca

Canada tightens employment insurance rules
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HSBC CEO: Sees Euro-Zone Deposit Insurance; Pay Yes-Vote Near 90%
Wall Street Journal
(Adds remuneration vote and other detail in final nine paragraphs.) By Max Colchester Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The euro zone will likely hold together, but continuing volatility could result in a deposit-guarantee scheme being created ...

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Farmers Insurance and the University of Farmers Receive Two Awards From ...
Sacramento Bee
By Farmers Insurance LOS ANGELES, May 24, 2012 -- /PRNewswire/ -- Farmers Insurance and the University of Farmers received the awards at the 13th Annual gala CUX Awards for Excellence and Innovation in Corporate Learning. The event was held as part of ...

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EMC Insurance Group Inc. Declares 122nd Consecutive Quarterly Cash Dividend
MarketWatch (press release)
DES MOINES, Iowa, May 25, 2012 (BUSINESS WIRE) -- On May 24, 2012, EMC Insurance Group Inc. (NASDAQ:EMCI) (the "Company") declared a quarterly dividend of $0.20 per share of common stock payable June 11, 2012 to shareholders of record as of June 4, ...

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FIFA authorises first insurance policy for international injuries
Reuters
By Mike Collett | BUDAPEST May 25 (Reuters) - FIFA's new insurance policy will cover players injured on international duty and provide clubs around the world with a maximum annual payout of $9.7 million per player, delegates at the FIFA Congress were ...
FIFA Establishes $75 Million Insurance Fund for Soccer PlayersBloomberg

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Get insurance bundled while prices are still hot
Reuters
By Beth Pinsker Gladstone | NEW YORK (Reuters) - If you believe the multitude of insurance ads you see on television, bundling can save you money. And right now, there may actually be some truth in advertising. One sample quote from Travelers Cos Inc, ...

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TEXT-Fitch affirms Westpac Lenders Mortgage Insurance at 'AA-'/Stable
Reuters
(The following was released by the rating agency) May 24 (Fitch) Fitch Ratings has affirmed Westpac Lenders Mortgage Insurance Limited's (WLMI) Insurer Financial Strength Ratings (IFS) at 'AA-'. The Outlook is Stable. The rating reflects WLMI's robust ...
Rating Action On AIGDaily Markets

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Long-Term Care Insurance May Be the Next Big Employee Benefit, According to ...
Seattle Post Intelligencer
Under an agreement with EraNova Institute, LTC Financial Partners has secured rights to distribute a special report on the future of long-term care insurance as an employee benefit. The company will make complementary copies of the report available to ...

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