INSURANCE

Most of us need car insurance, yet few of us fully understand it. Dozens of car insurance companies, including large players and regional insurers, are vying for your business. Many offer an eye-glazing assortment of policy options, making it hard to compare policies and figure out what’s the best and cheapest car insurance. Here are eight things you can do to ensure you get good coverage at the best possible rate. 1. Don’t assume any one company is the cheapest Some companies spend a lot of money on commercials that try to convince you they offer the lowest car insurance rates. But prices that different people pay for the same coverage by the same company can vary widely. No single insurer can claim to be the low-price leader for everyone. The insurance company that’s cheapest for one person in one place might be the most expensive option for a driver in another state. " The only way to ensure you’re getting the best deal is to shop around. " There

Use our top car insurance money-saving tips to find the right policy at the right price and lower the cost of your premium. Getting a cheap car insurance quote can be something of a challenge and - even if you manage it one year - you may have a nasty shock at renewal time if your premium has shot up. There can be any number of reasons for this happening; your provider's criteria may have changed; the insurer could have removed a new customer discount; perhaps you've made a claim or had a motoring offence in the last year; maybe you've moved to a higher-risk address or added a motorist with a poor driving record onto your policy. It remains true, though, that one of the biggest cash drains on consumers is the price hikes associated with auto-renewal of insurance - when a customer gets out of the habit of shopping around, insurers typically take advantage and inflate renewal premiums. We all like a little extra money in our pocket, so try our top tips

The auto insurance market in the U.S. is dominated by a few key players. In fact, the top ten auto insurance companies control more than 70% of the market. While the top ten insurance companies underwrite a large number of policies, they have very distinct characteristics. To help you choose the best insurance company for your situation, we created a list of the top ten largest auto insurance companies in the U.S. and discuss what makes each of them unique. To get the right rates and find the ideal policy for your needs, use a car insurance comparison tool or get quotes from multiple companies to make sure you’re getting the most competitive rates available. A. State Farm State Farm operates as a mutual insurance company, meaning that it’s owned by its policyholders. State Farm is the largest auto insurance company in the U.S. and possesses 18% of the total available market share. Nearly one in five dollars spent on private passenger auto premiums in the U.S. is paid to State Farm