5 tips to buy the best car insurance

Car insurance is crucial for buying a car. An auto or car insurance is a contract between the car owner and the insurance company that will protect the owner against financial loss due to theft or damage to the car due to an accident in exchange for paying a monthly premium. There are hundreds of insurance companies claiming to sell the best car insurance across the country. The following article lists some of the most useful tips for buying car insurance.

Amount of coverage
This is the most crucial aspect when looking for the best car insurance. Coverage offered by insurance providers varies depending on the state of location and type of vehicle. The coverage amount also varies depending on the age of the car. Typically, a seasoned driver with less or no points on their old car will be offered more coverage than a driver with points for over speeding or jumping red lights.

Understand deductibles and limits of a car insurance
A deductible is required to pay toward damage before the insurance kicks in. Consider buying insurance with higher deductibles if you are looking for low auto premiums. However, it is essential to note that high deductibles will require you to pay more out of pocket before claiming the insurance cost. Limits of car insurance refer to the highest total amount that the insurance providers will pay for theft or damage. High limits mean higher monthly premiums and low deductibles.

Consider insurance grace period
This is handy for people who already have a car and are looking to buy a new one without purchasing new car insurance. A grace period of car insurance allows a delayed payment for an existing premium without a lapse in the coverage. Grace insurance will enable buyers to purchase a new car without lapsing on their current insurance premium. Look for car insurance that offers a grace period from two weeks to a month.

Consider your driving record
This is also an essential aspect while choosing the best car insurance. Check how many tickets you have received from the time you were issued a driving license. If you have tickets or points that might only let you buy insurance with high premiums, wait until the points or the tickets on your license reduce to zero. The lesser the points on your driving license, the better the chance of getting insurance with competitive premiums.

Buy from top brands
The largest and popular car insurance providers offer many features like liability, collision, comprehension, uninsured or underinsured motorist protection. Some of the popular insurance providers are listed below.

• Geico
  They provide car insurance in all 50 states, and their premium is around $1,270. Geico also offers mechanical breakdown coverage, including repair costs for all parts of a new car that is less than 15 months old and has been driven 15,000 miles or less. It has a deductible of around $250. The coverage is renewable for up to seven years or 100,000 miles. Geico also offers discounts on premiums to cars with good safety equipment and drivers with no points on their license for five years.
• State Farm
  They offer insurance with a premium of around $1,490. One of State Farm insurance’s best features is paying for a rental car if your car is in the repair shop due to a covered collision. Moreover, it also pays for lodging and transportation if you are stranded more than 50 miles away from your home. They offer discounts on the car’s mileage and safe driving, and much more.
• Progressive
  These are among the popular insurance providers that offer insurance premiums of around $1,560. They offer typical features and other add-ons like gap insurance, wherein they are 25% above the value of the totaled car. They also provide coverage to fix or replace custom accessories of your car. They offer multi-policy and multi-car discounts.