How to get the best cheap car insurance
Dozens of reputable car insurance providers are available, but each company has pros and cons. If you’re looking for cheap car insurance, here are some things to consider.
Monthly payment plans
Many car insurance providers offer monthly payment plans, which can make your premium payments more manageable if you’re on a budget. Rather than paying your annual premium up front and in full, you usually have the option to pay it in six or 12 installments, depending on the length of your policy term.
However, you can often get a discount for paying your annual premium in a lump sum when you first purchase coverage. You should consider paying annually if you’re looking to save money.
Customer support
The best car insurance companies offer excellent customer support options. Look for features like live chat or 24/7 customer service and claims-handling when comparing providers. We also recommend providers with a robust mobile app or online customer portal that allows you to make changes and file claims anytime, anywhere.
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Company history and financial strength
Before you purchase car insurance, do some research to make sure the company is reputable. Free resources, like J.D. Power’s Auto Insurance Study and the National Association of Insurance Commissioners (NAIC) Complaint Index, can help you gauge current customers’ opinions of the insurer.
You should also check out A.M. Best to see how the insurance company fares in terms of financial strength. Insurers with excellent or superior financial strength have a strong balance sheet and have demonstrated their ability to meet policyholder obligations and pay out claims.
Comparing car insurance quotes
The most effective way to find cheap no-down-payment car insurance is to compare quotes. To make the process easier, we recommend using a car insurance quote-comparison platform to get quotes from multiple providers with a single application.
Another option is to get quotes on individual provider websites and compare the quotes manually. However, comparing quotes this way takes longer, and some car insurance companies require you to call an agent to get a rate estimate.
Keep In Mind
You should focus on getting the cheapest car insurance premium if you want the lowest down payment. Get quotes from multiple providers and compare them to see which insurer offers you the lowest price.