Savvy shoppers know where and when to find the best deals. When it comes to car insurance, just because rates don’t go on ‘sale’ doesn’t mean that there aren’t better times to get coverage than others. Continue reading to find out how timing your online car insurance quote could make a difference in the long run.
Shopping Before Your Policy Renewal Date
If you are shopping around online for a car insurance quote, perhaps one of the best and most convenient times to do so is in the weeks before your current policy is scheduled to renew. Since most insurance companies send the information about your renewal in the mail approximately one month in advance, it gives you a starting point from which to shop and compare coverage from other carriers. If you find a better deal, it also allows for an easy break from your insurance company without the need for prorated fees or waiting on a refund.
One of the biggest benefits to shopping in advance of your renewal is the opportunity to earn an early shopper discount. While not all insurance companies offer this, those that do may reduce your quotes simply for taking the initiative to shop more than 8 to 10 days before your renewal date.
Uninsured? Unhappy? Don’t Wait to Get Coverage
If you are registering a new or used vehicle or if you have allowed your coverage to lapse for any reason, the time to purchase car insurance is now. State law requires that all registered vehicles carry a minimum amount of coverage. With that said, most drivers need much more protection to pay for post-accident repairs, excess liability damages, and injuries. Failure to maintain adequate coverage can result in legal fines and penalties; not to mention, many insurers consider drivers with a lapse in coverage to be a high-risk, resulting in higher premiums in the future.
Even if you have existing coverage but are unhappy with the level of service you are receiving, you have the right to switch your coverage to a different provider at any time. While you may have to wait for a refund of unused premiums you have paid, you also have the benefit of choosing which day of the month you want your coverage to start and your premiums to come due.
Here at Gary Ellis Insurance, we help Janesville area drivers learn how to get and maintain high-quality coverage year-round. We are happy to help our customers shop around for coverage and compare rates from multiple carriers – including those that offer early renewal discounts. For more information or to request your free car insurance quotes, contact us today.