How To Buy Automobile Insurance
Summary
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The best way to purchase automobile insurance is to comparison shop. If you use a broker, you will have someone with whom to discuss your needs, comparative prices, claims service and financial stability of the various companies in your state. For independent advice about how to locate and choose a broker, see the website of the National Association of Insurance Commissioners by clicking here .
Whether you use a broker or search on your own, it is advisable to::
- First decide on what coverages you need and in what amount.
- Then look at price, claim service and the financial stability of the company, for at least three different insurance companies.
If you can't obtain auto insurance because of a poor driving record, you may be able to get it through your state's assigned-risk or high-risk pool.
When looking, it may be helpful to understand how insurance premiums are calculated as a general matter because it helps direct you to save money.
Before you buy, read our article about How To Save Money On Car Insurance. If you don't know the insurance basics, read What Automobile Insurance Should I Buy And In What Amount?
If you have additional questions, contact the National Insurance Consumer Help Line at 800.942.5433.