Shopping for Insurance

Why did my auto insurance costs go up even when I didn’t file a claim?

Auto insurers price their policies based on a number of factors. Sometimes these cost factors go up, and sometimes they go down. In most states, costs are currently rising. Your actions, as a policyholder, can affect what you pay, too. For instance, if you add another car, or a teenaged driver to your policy, your costs will increase. Alternatively, your costs will decrease if you drop either a car or a driver from your policy.

 

Infographic: What determines the cost of my auto insurance?

Auto insurance premiums are calculated using a many factors—and some insurers give more weight to some factors than others. The cost of an auto insurance policy is generally determined by the amount of coverage, types of coverage chosen and other factors.

How to find the right auto insurance

Once you have a clear picture of how you use your car and your priorities, you’re ready to shop for insurance. Generally, it’s a good idea to compare policies from at least three different insurers.

You’ll want to consider fundamental factors such as coverage and price, but it’s also worth evaluating prospective insurers as well. The following are the most important factors to consider.

 

8 questions to ask before buying auto insurance

The vehicle you own, your personal priorities and your budget all factor into your unique auto insurance needs. Before comparing policies and insurers, evaluate how you use your car and what risks you face to figure out what options make the best sense for you.

Rental car insurance: Tips on what you need to know at the counter

Share

Rental car insurance can be confusing and frustrating. Learn what you need to do before you ever step foot in a rental car office.


Copy the following code and paste it in your HTML...
<object width="480" height="385"> <param name="movie" value="http://www.youtube.com/v/i1ei7wQqibA&hl=en_US&fs=1&"></param> <param name="allowFullScreen" value="true"></param> <param name="allowscriptaccess" value="always"></param> <embed src="http://www.youtube.com/v/i1ei7wQqibA&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed> </object>

Auto insurance for teen drivers

For parents, the excitement of having a first-time driver in the house is usually tempered with worry. With little driving experience and raging hormones, immature drivers are at a higher risk for accidents. Of course, safety concern is uppermost in most parents' minds but other stressors—like the high cost of insuring your new driver and the financial liability implications of a teen driving mishap—can be reduced with these steps.

 

Saving money on auto insurance: Five tips

Share

Auto insurance is a necessity, but it doesn't have to cost a fortune. Here are five simple ways to get the best deal and still properly protect yourself.


Copy the following code and paste it in your HTML...
<object width="480" height="385"> <param name="movie" value="http://www.youtube.com/v/kvDlRSN3nG0&hl=en_US&fs=1&"></param> <param name="allowFullScreen" value="true"></param> <param name="allowscriptaccess" value="always"></param> <embed src="http://www.youtube.com/v/kvDlRSN3nG0&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed> </object>

Smart auto insurance tips

Share

Kirk has an auto accident and Crystal tells him how to smartly save money on his insurance in the future.


Copy the following code and paste it in your HTML...
<object width="480" height="385"> <param name="movie" value="http://www.youtube.com/v/Fp0x6-QHwAQ&hl=en_US&fs=1&"></param> <param name="allowFullScreen" value="true"></param> <param name="allowscriptaccess" value="always"></param> <embed src="http://www.youtube.com/v/Fp0x6-QHwAQ&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed> </object>

Tips on saving money on auto insurance

Share

Looking for ways to save some money? Dropping collision and comprehensive coverage for your car, when appropriate, and taking advantage of other discounts can really add up.


Copy the following code and paste it in your HTML...
<object width="480" height="385"> <param name="movie" value="http://www.youtube.com/v/JcuzfQJP6Fk&hl=en_US&fs=1&"></param> <param name="allowFullScreen" value="true"></param> <param name="allowscriptaccess" value="always"></param> <embed src="http://www.youtube.com/v/JcuzfQJP6Fk&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed> </object>

Understanding rental car insurance

Share

Know what kinds of insurance you really need before you ever walk up to the rental car counter. I.I.I. breaks down the various types of coverage so you make the safest and wisest choice.


Copy the following code and paste it in your HTML...
<object width="480" height="385"> <param name="movie" value="http://www.youtube.com/v/ihPney4MSxE&hl=en_US&fs=1&"></param> <param name="allowFullScreen" value="true"></param> <param name="allowscriptaccess" value="always"></param> <embed src="http://www.youtube.com/v/ihPney4MSxE&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed> </object>

Pages