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Monday, 12 September 2011

What’s the Cheapest Car Insurance Company and Price Rate?

Buying car insurance is as easy or as difficult as buying the car itself, especially when you look at the pricing factors, that is – the more expensive the car is, the higher the car insurance will be. But that’s not the only factor that is taken in consideration when calculating car insurance rates. We will discuss most of them, along with the cheapest car insurance companies and premiums at which they offer. Still they will offer you at different price than someone else due to age, location, driving habits and many other variables.
Comparing the Cheapest Car Insurance Companies and the Rates
What is the cheapest car insurance you can get? Like we said before, it will depend on so many things. But to give you a specific answer, we would say the cheapest car insurance price you can get is around at the rate of $15/month and the cheapest car insurance company is Progressive after your family owned car insurance company in the neighborhood. Here is a good list of auto insurance companies that offer discounts and saving to lower your monthly premium rates and save a lot of money when compared to others:
Progressive: personally, I have been with this company for over two years now, which is since I got a drivers license and bought a car. I checked with my insurance companies, and requested their free quotes. Progressive is the only car insurance company to offer “name your own price” option. That way you won’t be wasting time asking for quotes; instead you will say the lowest insurance premium you are willing to purchase after comparing with other agents or agencies. I also like that you can fill out the entire application online on their site. One of the reasons Progressive is the cheapest car insurance company is because they have minimal cost of doing business since they are mostly online, so they don’t have to pay for real estate or offer commissions to insurance agents. But they do provide great service; you can email them, call them anytime and you have seen they have 24/7 roadside assistance people working for them. I have been paying little over $300 for 6 months of insurance premium for three cars with them. That is the lowest price I can get from anywhere until now.
Nationwide: this company offers cheap car insurance too. When you compare between Geico, All State, Nationwide and Farmers car insurance company, nationwide beats them all in providing the lowest insurance premium rates. This is because the Nationwide offers very flexible insurance option with wide range of deductions, liabilities, and savings.
How to get the cheapest car insurance? It is best to do research online first. Fill out the forms and get free quotes from them. If possible, get insurance for all your cars from the same company. To get the cheapest rate, you have to choose the highest deductible and liability option. It also helps if you don’t use that car for business as much and it is equipped with anti theft alarm settings.
Where to find cheap car insurance for teenagers? First of all you have to realize that young drivers are considered risky drivers for lack of experience, and therefore insurance companies ask for higher premiums from them. Therefore, having one of your parents, mom or dad, add teens to their own insurance policy accounts may work the best. Other factors that will help find cheaper auto insurance are car safety features, deductions, location in a safer neighborhood and driving history. Some companies offer good student discount if you get good GPA at schools.
You can also read about how to get the lowest car insurance rate.
As always, please feel free to leave suggestions, ask any questions for help or simply discuss the topic. We highly appreciate your involvement and input everyday. If find it helpful, please share it with your friends by using one of the buttons below.

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