With everyone struggling to save some money here and there, your car insurance costs are a great place to start. It’s now easier than ever, using the internet, to compare quotes and coverage options from several companies without ever leaving your home.

Before you start, determine what kind and how much coverage you would like. Be sure to cover yourself and your family adequately in the case of an accident. Think about the value of your vehicle and your property and how much you are willing to pay to protect these.

Then fill out your data and get some quotes. Auto insurance companies are more than happy to send you the numbers. Then you can compare prices from the best car insurance companies. However, beware of unknown companies touting the cheapest auto insurance. As in everything else in life, you generally get what you pay for.

Consider these factors when choosing the best insurance coverage for you and your family:

Reputation

Search the internet for comparison lists of the best insurance companies. Some sites, such as MSN or J.D. Power, have already done the work for you when it comes to the reputation and reliability of an auto insurance company. You can check the age of the company, read customer reviews and get a feel for the overall reputation of the top insurance companies.

Rate

Using the exact same coverage amounts, gather rates from at least five different insurance companies. Start with straight liability insurance and compare.

Next add optional coverage, if you think you may need it, and compare rates from the different companies for these types of coverages. Collision, comprehensive, rental reimbursement and glass replacement are examples of optional coverages.

Lastly, add in your discounts and see which companies can give you the most credit for a good driving record, being a good student, having multiple vehicles or perhaps having them also insure your home.

Service

If you are in an accident or your vehicle is otherwise damaged, how does the company pay on its claims and how long does it generally take? You can find out this information by talking with the company directly or by conducting an online search.

If it is important to you, make sure the company is available 24/7 for claims. You can also find out if they pay with direct deposit, which would generally be much faster than waiting for a paper check.

You may not think much about it now, but the service record of a car insurance company is extremely important when you are in an accident and need help.

A Yearly Car Insurance Review Can Save You Money

With a yearly review, saving money on auto insurance is an easy way to cut back on the family budget. It may take you a little more time and effort the first year to gather the data you need but if you hold onto it, you can run a quick review each year to make sure you are getting the most value for your insurance premium dollars.