car insurance

Shop around for car insurance to avoid wrecking your finances.

We all want to save money on car insurance. We also want to make sure we’re covered in case of unfortunate events.

These tips can help you navigate the sometimes-frustrating business of getting the right car insurance.

Check your rates

Don’t set cruise control on your car insurance. An annual rate check can help keep your costs in check. According to Consumer Reports, most people find they won’t save money by switching carriers. But some do. The magazine suggests forming a relationship with an independent agent who can help you keep an eye out for the best deals.

At Seeman Holtz Property and Casualty, “we will start by analyzing your current auto insurance policy and offer independent, objective advice. If in fact changes need to be made, or if you need a brand new policy, we will secure quotes from the best national auto insurance carriers across the nation to make sure you receive the most extensive coverage at the best rates possible,” we write on our website.

Don’t assume one company is the cheapest

Large insurance companies make plenty of claims about how cheap their car insurance is. But rates vary.

As NerdWallet points out, “Some companies spend a lot of money on commercials that try to convince you they offer the lowest car insurance rates. But prices that different people pay for the same coverage by the same company can vary widely. No single insurer can claim to be the low-price leader for everyone. The insurance company that’s cheapest for one person in one place might be the most expensive option for a driver in another state. The only way to ensure you’re getting the best deal is to shop around.”

Keep up with your credit

In many states, your credit can impact your insurance rates.

“Your credit score is a significant factor in the car insurance quotes you receive — except in California, Hawaii and Massachusetts, which don’t allow insurers to consider credit when setting rates. Insurance companies say customers’ credit has been shown to correlate with their chances of filing claims,” NerdWallet points out.