How Often Can You Shop for Better Quotes on Car Insurance?
Car insurance rates are not set in stone—they fluctuate based on various factors like your driving history, credit score, and even market trends. Shopping around regularly can help you find better deals and save money. But how often should you compare quotes?
When to Shop for Car Insurance Quotes
- Every 6 to 12 Months
Insurance companies frequently update their pricing models, so it’s a good idea to check for better rates at least once or twice a year. Even if your current policy isn’t up for renewal, you might find a more affordable option elsewhere.
- When Your Policy is Up for Renewal
Most policies renew every six months or annually. When you receive your renewal notice, compare quotes from different providers to ensure you’re still getting the best deal.
- After a Major Life Change
Certain life events can impact your car insurance rates, making it a good time to shop for better quotes:
Moving to a new location – Rates vary by ZIP code.
Getting married – Married drivers often receive lower rates.
Buying a new car – Different models have different insurance costs.
Improving your credit score – A higher credit score can lead to lower premiums.
Adding or removing drivers – If a high-risk driver leaves your policy, you may qualify for a lower rate.
- After Your Driving Record Improves
If a traffic violation or accident has recently dropped off your record, your insurance costs may decrease. Shopping for new quotes after such improvements can help you find a more competitive rate.
- When Your Current Provider Raises Rates
If your insurer increases your premium—even without any accidents or claims—it’s a sign to compare quotes and potentially switch to a more affordable provider.
How to Get the Best Car Insurance Quote
Use comparison websites – Websites like The Zebra, NerdWallet, or Compare.com allow you to compare multiple providers easily.
Check with independent agents – They can provide quotes from several companies.
Ask about discounts – Many insurers offer savings for bundling policies, having a clean driving record, or installing safety features in your vehicle.
Adjust your coverage – If your car is older, you might not need comprehensive coverage.
Final Thoughts
Shopping for car insurance regularly—every six to twelve months or after significant life changes—can help you secure the best rate. With just a little effort, you can potentially save hundreds of dollars per year while ensuring you have the coverage you need.
