NerdWallet Car Insurance: 7 Ways to Save 1,000s

Are you overpaying for car insurance? According to NerdWallet, the average American driver pays $1,562 per year for car insurance. But there are plenty of ways to save money on your car insurance premiums. Here are seven tips:

1. Shop around. Don't just stick with the first insurance company you find. Compare quotes from multiple companies to find the best rate. You can use a website like NerdWallet to compare quotes from different insurers.
2. Increase your deductible. The deductible is the amount of money you have to pay out of pocket before your insurance coverage kicks in. Increasing your deductible can lower your premiums. However, make sure you choose a deductible that you can afford to pay.
3. Take advantage of discounts. Many insurance companies offer discounts for things like being a safe driver, having a good credit score, or taking a defensive driving course. Ask your insurance company about the discounts they offer.
4. Bundle your policies. If you have multiple insurance policies, such as car insurance and homeowners insurance, you may be able to get a discount if you bundle them with the same company.
5. Drive less. The less you drive, the lower your risk of getting into an accident. And a lower risk of getting into an accident means lower insurance premiums.
6. Park your car in a safe place. If you park your car in a garage or other secure location, you may be able to get a discount on your insurance premiums.
7. Get rid of unnecessary coverage. If you have an older car, you may not need all of the coverage that you have. Talk to your insurance agent about the coverage you need and see if there are any ways to reduce your premiums.

By following these tips, you can save hundreds or even thousands of dollars on your car insurance premiums.

How to Shop for Car Insurance

Shopping for car insurance can be a daunting task. But by following these steps, you can make the process easier and find the best rate for your needs.

1. Gather your information. Before you start shopping for car insurance, you need to gather some information about yourself and your vehicle. This information includes:
   • Your name, address, and date of birth
   • Your driver's license number
   • Your vehicle's make, model, and year
   • Your vehicle's VIN number
2. Compare quotes. Once you have gathered your information, you can start comparing quotes from different insurance companies. You can use a website like NerdWallet to compare quotes from multiple insurers.
3. Choose a policy. Once you have compared quotes, you need to choose a policy that meets your needs and budget. Be sure to read the policy carefully before you sign up.
4. Sign up for your policy. Once you have chosen a policy, you need to sign up for it. You can do this online, over the phone, or in person.

What to Look for in a Car Insurance Policy

When you are shopping for car insurance, there are a few things you should keep in mind:

• Coverage. Make sure the policy provides the coverage you need. This includes liability coverage, collision coverage, and comprehensive coverage.
• Deductible. The deductible is the amount of money you have to pay out of pocket before your insurance coverage kicks in. Choose a deductible that you can afford to pay.
• Premiums. The premiums are the amount of money you pay for your insurance coverage. Be sure to compare premiums from different insurance companies before you choose a policy.
• Customer service. Make sure the insurance company has good customer service. This is important in case you ever need to file a claim.

By following these tips, you can find the best car insurance policy for your needs and budget.

Common Car Insurance Pain Points

There are a few common pain points that people experience with car insurance:

• High premiums. Car insurance premiums can be expensive, especially for young drivers or drivers with a poor driving record.
• Lack of coverage. Some car insurance policies do not provide adequate coverage. This can leave you financially responsible for damages or injuries in the event of an accident.
• Poor customer service. Some insurance companies have poor customer service. This can make it difficult to file a claim or get help with your policy.

NerdWallet's Mission

NerdWallet's mission is to provide consumers with the information and tools they need to make smart financial decisions. We believe that everyone should have access to unbiased information about financial products and services.

We are committed to helping consumers make the best decisions about their car insurance. We provide a variety of resources, including:

• Car insurance comparison tool. Our car insurance comparison tool allows you to compare quotes from multiple insurance companies.
• Car insurance guides. Our car insurance guides provide in-depth information about car insurance coverage, discounts, and other topics.
• Car insurance calculators. Our car insurance calculators can help you estimate your car insurance premiums.

We hope that our resources help you find the best car insurance policy for your needs and budget.