What's the best way to find the cheapest auto insurance?


Editorial team Published on

The best way to find the cheapest auto insurance is to compare personalized quotes from at least three to five different insurance companies using an online comparison tool or independent broker, rather than settling for the first offer you receive.

Steps to Find the Lowest Rate

  • Use Online Comparison Tools: Platforms like Insurify, The Zebra, or Compare.com let you view real-time quotes side-by-side from dozens of insurers using a single form.
  • Compare "Apples-to-Apples": Make sure every quote uses the exact same coverage limits (such as liability limits and deductibles) so you are measuring true price differences.
  • Shop Around Every 6 to 12 Months: Insurers frequently adjust their pricing models, meaning the cheapest company this year might become expensive next year. Shop around about 30 to 45 days before your current policy renews.

Additional Ways to Lower Your Bill

  • Raise Your Deductible: Choosing a higher deductible (e.g., moving from $500 to $1,000 on collision and comprehensive) immediately lowers your monthly premium, provided you have that cash saved in case of an accident.
  • Bundle Policies: Insurers frequently offer multi-policy discounts if you combine your auto insurance with home, renters, or condo insurance.
  • Ask About Discounts: Inquire about safe-driver/telematics tracking programs, good student discounts, military or association affiliations, and paying your full 6- or 12-month policy upfront instead of monthly fees.
  • Drop Unnecessary Coverage: If you drive an older car that is paid off, dropping comprehensive and collision coverage can significantly cut costs.