Car Insurance - Be Smart When Choosing Your Provider

Be Smart When Choosing Your Car Insurance Provider
By Amy Nutt

Choosing a car insurance provider is not like buying a sandwich or a new pair of shoes. Car insurance is a big commitment, a large expense, and potentially a major influence on your life. Choosing the wrong insurer or benefits package might cause you to pay far more than necessary, or even cost you thousands of dollars in the event of an accident.

First off, use every resource at hand when choosing an insurance provider. Ask your friends what company they use, but remember insurance premiums are highly individualized, and one company that gives someone you know a great deal might not do so for you.

There are dozens of popular internet sites devoted to car insurance advice. Do your research. See what the best options are for you, and follow up on them. Other websites will generate quotes for you from multiple insurers. Using these sites is a great way to see how different companies compare. You'll save a great deal of money by taking your time and finding the insurance company that offers you the most affordable package.

Almost every reputable company has a toll-free number you can call where you can talk to a representative. Don't be shy about using these numbers. If you have a question, call and ask. Any company that is worth considering should take the time to help you find out what you need to know. Plus, talking with a representative will give you a taste of how well a particular company treats their customers.

Once you find an insurance provider that offers you a reasonable rate, be sure the company is reputable and the insurance package you are considering is worthwhile. Do a quick internet search and find out what people are saying about the company. Are you finding lots of negative comments? Are they treating their customers unfairly? Be sure the company of your choice has a good reputation. One company might seem like the best option because of its low price, but if they have poor customer service or have a policy of refusing claims, you may not be happy in the long run.

Another important thing to consider when choosing a car insurance provider is what type of insurance you want. Different companies cater to different needs. Some serve people after a bargain. Others serve more demanding customers who are willing to spend more.

Know what your needs are. Are you driving an aging economy car? Then you might not want a full coverage package that costs a lot of money. Consider buying liability-only insurance from a low-cost insurer. Are you driving a brand-new luxury automobile? Then find an upscale insurer that will give you top-to-bottom comprehensive coverage.

Remember, nearly all provinces in Canada legally require drivers to have some form of auto insurance. Insurance is not to be taken lightly. Ignoring it altogether can cause you to get your car impounded, lose your driver's license or even be thrown in jail.

Taking the time to buy car insurance from a reputable, quality insurance company can potentially save you thousands of dollars and lots of legal trouble.

There is a lot of choice when it comes to picking an auto insurance provider. The biggest decision to be made is whether or not to utilize a broker, or to purchase insurance directly from an agent. The best solution is to get a lot of quotes before you make a decision.