1. What kind of coverage does your state legally require you to have? In most states, bodily injury liability coverage and property damage liability are necessary to drive, but you'll want to check the specifics of insurance premiums with auto insurance providers where you live. If you consider your car to be a classic car, you will want to check with the insurance company to make sure the company classifies your car type as a classic car as well.
2. What sort of coverage do you want? Most car insurance companies offer many different policies with various coverage options that cover a variety of damages and risks, so your first step should be to determine your risks and how to compensate for them. You might consider if the insurance company rewards you with a discount for being a good driver.
3. Which auto insurers are best? We've got this covered in detail.
4. It's important to shop around. Even the cheapest car insurance company may not offer the best auto insurance rates for someone in your situation. Likewise, instead of minimum coverage, you may want a more comprehensive plan that makes more sense at another car insurance company.
5. What payment plan is best for you? Some companies offer a variety of ways to pay (such as annually versus monthly, or with transfer of electronic funds), so you can figure out which one works best for you and then request it.
Before getting into the list of the best car insurance options, it's worth mentioning that not every car insurance company has your best interests at heart, both when offering auto insurance quotes or after you've been in an accident. A Buzzfeed News report from August revealed that State Farm, Farmers and Erie Insurance are three of a number of insurance companies that have paid off law enforcement to investigate their customers for fraud. All of those companies have been excluded from this ranking.
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