In order to get the best possible deal on car insurance, some people frequently get quotes and change their insurance provider every couple of years. In a video, the Frugal Analyst teaches how this can be done, and how an auto insurance quote can be compared to ensure the most affordable price.
The presenter of the video begins by explaining what information is needed in order to get a quote.
Once this information has been thoroughly gathered, it can be sent to several different insurance sellers to receive quotes. From there, it's important to consider a few different types of insurance companies to get quotes. While many people think of the big national brands with TV advertisements, there are other sources that may have even better rates.
One overlooked step is to reach out to the current insurer and see if a discounted rate is available. Some companies feel threatened when customers may leave and are willing to re-quote and even shave dollars off an existing rate to keep the customer.
There is often money to be saved if only consumers would do some analysis and comparison. For this reason, the Frugal Analyst's video contains helpful recommendations.
