How to Get the Lowest, Cheap Car Insurance Rate

The long-winded process of purchasing a new car can be made easier if you know where to get a cheap car insurance rate. Doing some initial research before committing to a particular car insurance policy will ensure that you get the cheapest rate.

Tools and Materials Needed:

• Telephone
• Computer with Internet connection
• Paper and pen
• Access to television and radio
• Full details of vehicle to be insured

Step 1 – Know What Coverage You Require

Before seeking any quotes, make sure you have come to a decision about the type of coverage you require. Though a fully comprehensive policy will cost more than one covering only third party fire and theft, consider how the policy will come into play in the event of various accident scenarios.

Think about the other people that you may be seeking indemnity for on the same policy; for example, younger drivers are considered high risk by many insurers, which will cause insurance companies to increase their rate.   

Step 2 – What Car?

The insurance quotes you are offered very much depend on the type of vehicle that you have, so it's worth keeping this in mind if you're purchasing a new vehicle. Purchasing a powerful high-end car will result in a high premium. To obtain a cheap car insurance rate, avoid buying vehicles that have undergone any modifications and refrain from undertaking any yourself, which can cause the insurer to increase the rate given.  

Step 3 – Gather Insurance Company Details

Keep a pen and paper handy when you are watching television or listening to the radio, as many insurers use these media as well as the Internet to advertise. Take down the contact details of as many car insurance companies as possible to enable you to get several quotes. Also make use of directories to find the details of insurance companies that you can contact in order to obtain a quote.  

Step 4 – Contact Insurers

Make use of the telephone and the Internet in order to contact insurers, as most will be happy to provide a quote free of charge. When using the telephone, make a note of all the quotes you receive so that you can compare them; some insurers may offer to send you a written quote on the basis of the information you've provided over the phone.

Price comparison websites will enable you to input your details once in order to get several insurance quotes, from the insurance companies that have signed up to the service. Bear in mind that the list may not provide a quote from every insurer that offers car insurance.

When using insurers' websites directly, an instant quote will often be provided that can be printed off for your own purposes.

Step 5 – Compare before You Buy

Once you have gathered several quotes, compare the ones that provide the best coverage for the cheapest price, and contact the corresponding insurers. Be prepared to negotiate. If you have used a particular insurance company before, bring up your history with them if this is favorable.