Advertiser Disclosure

Advertiser Disclosure: The credit card offers that appear on this site are from credit card companies from which may receive compensation. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. does not include all credit card companies or all available credit card offers, although best efforts are made to include a comprehensive list of offers regardless of compensation. Advertiser partners include American Express, Chase, U.S. Bank, and Barclaycard, among others.


Dig Deeper


Become a Money Crasher!
Join our community.

Shop Online to Save Money on Auto Insurance

If you are like most people, you pay your auto insurance premium every month never thinking about how much you could actually save by making a simple change. You may be wasting hundreds of dollars or more per year on the cost of auto insurance coverage. How does that make you feel? You are probably sick to your stomach! Fortunately, the internet can rescue you from this financial disaster. By shopping online you can save big-time money on auto insurance. With that in mind, you need to know exactly what goes into the process.

Here are four steps to follow, one by one, if you want to shop for auto insurance and hopefully save some money:

  1. Before you start searching you need to know what you have right now. How much money are you paying each month for auto insurance? What is your annual premium? Along with this, know how much coverage you have. Is your deductible $500? $1,000? Do you have any extras such as rental car reimbursement? The best way to know what your current policy offers is to request a copy from your provider – if you don’t already have one.
  2. Request auto insurance quotes. This can be done in two ways: through each company’s individual website or by using an all-inclusive service such as or CheapInsurance123 for cheap insurance quotes. Either way, you want the same end result: three auto insurance quotes from three different companies. It is important that you receive pricing information from several providers so you can truly see where the market stands and what you should be paying.
  3. Compare all aspects, including the price and coverage. Once you have your three auto insurance quotes you should begin to compare them to your current policy. Which option is cheapest? Which one has the best coverage? Be sure to compare apples to apples. If one company quotes you for a deductible of $500 and another for $1,500, comparing the two is not fair. The higher deductible policy will be cheaper if all else is equal.
  4. Get on the phone. There is nothing wrong with starting the shopping process online, but once you make a decision you need to get on the phone to speak with an agent. It is at this time that you can get a final quote, ask questions, and of course, talk about additional discounts. Your initial online quote includes the basics. But when you speak with an agent you can get into the finer details and hopefully find yourself saving even more money.
Sign up for an account at Simple by 7/31/19 4:59 PM PT and get up to a $500 bonus and 2.02% APY (with qualified activities).

Are you in the market for auto insurance? If so, shopping online can help you save money. Follow the four steps above to get started.

(photo credit: premii)

Chris Bibey
Chris Bibey is a freelance writer who over the years has honed his personal finance experience by writing more than 100 feature articles on the subject. In his spare time, Chris enjoys sports - West Virginia football in particular!

Next Up on
Money Crashers

Amazon Prime Day Coming Soon

Amazon Prime Day 2019: How to Get the Best Deals

What is Amazon Prime Day? It's a day-long (or longer) extravaganza of exclusive deals for Amazon Prime members. During this sales-fest, the world’s biggest retailer will slash prices on a wide variety of items — some of them by as much as 50%. To get the most out of Prime Day, it pays to plan ahead — researching deals, deciding what to buy, and keeping track of when sales pop up. By preparing for Prime Day in advance, you can get the most for your money with minimal hassle.
Six Figure Income Jobs

11 High Paying Six-Figure Jobs Without a College Degree

While many aspire to go to college after high school, not everyone can, or should, head straight to university. Family issues, a lack of...

Latest on
Money Crashers

Sign Up For Our Newsletter

See why 218,388 people subscribe to our newsletter.

What Do You Want To Do
With Your Money?