The time has come to buy your first car, and you’ve found the perfect ride for your unique style. Now, you’re faced with the seemingly difficult challenge of purchasing an auto insurance policy that will keep you safe on the road without breaking your monthly budget. Finding the right insurance policy, especially as a first-time car buyer, can be daunting, but it doesn’t have to be. Here are a few things you need to know when searching for an insurance policy.
Don’t Opt For the Cheapest Policy
Cars are expensive, and, while it may be tempting to save money by purchasing the most affordable auto insurance policy, it’s not always the best option. Low-cost policies often only provide the state-required minimum coverage, leaving you stuck with the repair bill in the event of an accident. Look for a policy that gives you the best coverage options, from liability to collision damage. This way, it will help you cover the cost of repairs, reducing your out-of-pocket expenses.
Insurance providers charge different monthly premiums for similar coverage. Rather than immediately purchasing from a big-name insurance provider, get quotes from different companies. The more options you have, the more likely it is you’ll find a policy that meets your coverage needs and stays within your budget.
Always Ask for Discounts
Insurance companies frequently offer discounts to drivers of all experience levels, but they don’t always advertise those discounts. If you find a policy you like with a provider you love, ask if there are any discounts you might qualify for. For example, students with good grades often qualify for a discount, and many drivers planning only to use their car minimally could qualify for low-mileage discounts. No matter what your circumstances are, it’s important to always ask about possible discounts.
Work With an Agent
While you can purchase a policy on your own, working with an agent will ensure you get the best price on auto insurance without sacrificing the quality of your coverage. An agent will work on your behalf to find the best rate possible, while also giving you a point of contact should you need to file a claim.
Finding a great insurance policy as a first-time car buyer doesn’t have to be tough. Let the experienced agents at Farm Bureau of Archdale-Campbell Agency in Guilford County, NC, help you find an auto insurance policy you’ll love. Learn more about their coverage areas online, and call (336) 434-6550 to schedule an appointment today.