If you’re looking for a new auto insurance policy, your first instinct may be to compare premiums in order to make sure that you get the best price on your policy. Comparing rates alone, however, does not give you an accurate indication of which policy is the most cost effective, reliable, and best suited to your coverage needs. You can use this list as a guide to comparing policies and to help narrow down your choices:1. Make sure you have comparable coverage options
Take a close look at the coverage options for all the policies quotes you’ve received. Make sure they have comparable features as well as offer you the protection most important to you.2. Ensure you’re comparing similar limits and deductibles
Policy premiums will vary based on how you set limits and deductibles. It would not be a fair comparison putting a policy with high deductibles and low limits up against one with low deductibles and high limits. So when you do your comparison shopping you’ll need to be sure the deductibles and limits on each policy, for each coverage option, are similar.3. Investigate your carrier’s A.M. Best Rating
Your policy is only as good as the insurance company that writes it. When comparing two different policy quotes from two different companies, don’t just focus on price, deductibles and coverages. You’ll want to investigate the 2 carriers A.M. Best rating to make sure they are equal in terms of financial stability.4. Look for a good fit for your lifestyle
If you like to do business online, check to be sure you can contact customer service and make payments on a carrier’s website. If you prefer to talk on the phone, make sure there will be a customer service representative available to answer the phone when it fits into your schedule. Also, check out the different payment options available to you (automatic draft, check, the credit cards you carry, etc.) and choose the carrier that has the options that will fit your lifestyle.5. And, finally, comparing the rates
Now that you’ve made sure you have several similar policy quotes from different insurers, it’s time to actually compare the rates. Be sure to check out all of the premium types, the annual, semi-annual, quarterly and monthly, so you’ll have a good idea of the differences.Once you’ve compared, investigated, and narrowed down your choices, you should finally come up with the policy that meets most, if not all, of your needs. Call us at 614-221-1500 for a free Ohio Auto Insurance quote.
