When you shop around for car insurance, you will be given a set of quotes from each company that you contact. Before you settle on a company to insure your car, take the time to compare these quotes. A car insurance quote is calculated based on the type of car you own or lease, as well as your personal driving history.
Step 1
Gather the information you need to receive quotes from auto insurance companies. Prepare to let each carrier know the make, model, year of the vehicle; the drivers operating the car; accident history; and any past insurance claims.
Step 2
Compile a listing of car insurance quotes. You can choose to make cold calls to several insurance carriers in your area or use an online insurance rate comparison website. An example of a site you can use for car insurance quotes is Online Auto Insurance.
Step 3
Determine if the rate includes any deductions. When comparing quotes, you'll want to ask the auto insurance agent whether the rate includes any deductions you may be eligible for. These deductions could be a result of good driving record, completion of a driver education program and safety features of your car.
Step 4
Compare the types of coverage quoted to you. There are multiple types of auto insurance policies you can take out on a vehicle. Liability insurance is required by state law and will cover damage and injury you have caused to another vehicle. Personal injury policies protect you and others in the case of injury during a car accident. Collision auto insurance will pay benefits to cover the cost to fix both your vehicle and the other cars involved in an accident.
Step 5
Calculate how much you will need to pay for the auto insurance. When comparing quotes, you may be given a yearly amount that you will be required to pay. However, some companies permit monthly, quarterly or bi-annual payments to be made.
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