If you are a first time buyer of car insurance you want to avoid making these first time buyer mistakes and with a little research you should make an informed purchase.
In understanding how much you are going to have to pay for car insurance you have to first get some facts straight. Car insurance prices are affected by several factors such as your age, gender, and what type of vehicle you own. A common mistake for those looking into getting their first car is to go with a coupe. Coupes may be flashy and offer you high quality and horsepower in the long run with insurance payments they will run you a significant amount more than a midsize sedan. The cheapest car insurance rates are given to those men and women over thirty years old driving any style of a four door sedan, so if you are a teen looking for a first car take a look at what sedans there are to offer, it will save you plenty of money with insurance payments and your overall premium.
Now that you have the facts straight you can look at choosing a provider, the first thing that a person looks at with car insurance agency is reputation. A common first time buyer mistake is to go with an agency they have seen advertised on television, or an agency that they have seen in Internet ads. Although some of these companies are well established and have a large enough amount of customers they can afford to spend thousands of dollars on advertising it doesn’t mean they will be able to get your the best deal. Try visiting a couple of car insurance agencies websites and filling out the necessary information to request a price quote. Once you have price quotes from an array of agencies you can make an informed decision based on the lowest rate offered.
Now that you have your provider and the basic facts about car insurance nailed down you can look at coverage. Another common first time insurance buyer mistake is to get too little, or too much coverage which results in the person paying too much per month or after an accident. The key is to buy enough coverage for all of the basic accidents while straying away from long extended coverage that bumps up your monthly rate a couple twenties. Choosing the right amount of coverage will save you money not only per month but in the case of an accident you won’t be held one hundred percent liable for the repair cost.
Overall if you are looking into purchasing a new or pre-owned car and are going to need insurance make sure you do a little research and get price quotes before diving into a river without swimming lessons. Insurance can be complicated at times but once you get the basics down you should be good to go.