Car insurance is something that everyone must have, and cheap car insurance is something that everyone needs. However, we should not choose a company simply because it is cheap at the risk of losing quality. By carefully selecting your company and making sure that the standard deductible is not too high, comparing accessibility, and checking the payout record, you will be able to find cheap car insurance from a high quality company.
As you may know, most auto insurance companies utilize a standard deductible as part of their overall coverage packages. $500 is often a starting place for a deductible, although it can vary depending on the company. The deductible is the one area of the quote that you can increase or decrease based on your needs. If you don’t have a lot of liquid assets, you may want a lower deductible because you don’t think you will be able to come up with the whole amount in the case of an accident. If you want a lower insurance premium, you can increase the amount of the deductible. However, some companies begin with a very high deductible, so you need to watch out for this. It doesn’t give you much room to negotiate and it may mean that the insurance is more costly than other insurance quotes that have everything else the same but a lower standard deductible.
If you have ever waited on the phone for an hour for your call to get through to the phone or cable company, you understand how helpful it can be for a company to have easy accessibility. You want to be able to contact the company whenever you need to and you deserve to have your questions answered quickly and accurately. One of the ways to help you determine how accessible a car insurance company is might be to visit their website and either click on the online chat option or send an email with a question to them. You will then see if their online chat person is helpful or whether they answer your email within one or two business days. Quick responses now help you feel like they would get back with you quickly in the case of an accident.
This brings us to the payout record. What we are talking about here is whether it is easy or difficult to get the company to pay for repairs or injury in the case of an accident. Most companies are very reputable and try to keep their customers happy. However, there are those few bad apples who seem to be doing all they can to keep from having to pay anything, sort of like the insurance guy on the movie “The Incredibles.” You could check the Better Business Bureau or other consumer agencies to see if there are any complaints against the company. There may even be online reviews comparing the payout records of different companies. If the company you are looking at has great rates for car insurance, have reasonable deductibles, are very accessible and have a good payout record, then you have found an insurance company you can rely on and can move forward with them.