Categories
Insurance News

The Best Car Insurance Companies For 2020

We examined factors such as customer satisfaction, claims satisfaction, claims settlement and customer complaint scores, as well as the average six-month premium to recommend the best auto insurance company for you. For the best auto insurance reviews, we turn to industry experts, AM Best, J.D. Power and Associates and The Zebra.

What should you look for when shopping for car insurance?

Shopping for car insurance can seem daunting, especially for first-time car buyers. Avoid mistakes and get the most affordable car insurance rate for you by following the National Association of Insurance Commissioners’ shopping tips:

  1. Call or visit the website of your state’s insurance department to find out what type of insurance the law requires. Most states require at least liability insurance, with minimum coverage levels for bodily injury and property damage.
Categories
Insurance News

You Really Can Lower Your Car Insurance Cost

After years of increases, auto insurance has become a budget pain point for many. But experts say there are ways to keep your rates down.

It’s getting more expensive to insure your car, but there are some steps you can take to keep premiums affordable.

Average annual automobile insurance rates in the United States rose to $1,548 in 2019, according to an analysis by The Zebra, an insurance comparison website. While that was just a 2 percent increase from 2018 — roughly on a par with the annual inflation rate — it followed several years of larger increases, the report said.

Advanced technology is partly to blame for the higher costs, The Zebra said. Automakers are incorporating more anti-theft and safety features into their vehicles, like collision warning systems and blind-spot monitors, which make them safer to drive but more expensive to repair after an accident.