How often should drivers get new car insurance quotes?
I think it doesn't hurt to check your rates on a regular basis (annually for example), particularly if you are seeing increases in rates. The insurance industry today has changed dramatically and rates can fluctuate and creep up over a few years. That being said, it is not at all a good idea to hop from company to company for a few dollars of savings. Should you suffer a loss, have an incident on your record (tickets or claims), etc., you run the risk of not being renewed if you have not been with the company for very long. It is also a good idea to talk to your agent - ask how you might be able to control or even reduce your premiums. Things like increasing deductibles or taking defensive driver courses can be very effective at bringing down premiums.
What major factors should drivers consider when comparing car insurance quotes?
Check that the companies are comparing apples to apples. Make sure that things like the coverage limits, deductibles, other coverages (towing and rental reimbursement for example), discounts (like daytime running lights, anti-theft devices, or anti lock brakes for example), vehicle usage, driver assignments to vehicles are the same. A minor change in one of these can make a big difference in the premium quoted and if they aren't correct when quoted, the actual policy cost may come back substantially higher with little recourse if the quote was incorrect.
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