NAIC Says It Pays to Compare Auto Insurance Quotes Online


The National Association of Insurance Commissioners (NAIC) issued an alert this month reminding consumers to review their auto insurance policies at least once a year. The easiest way to do that, NAIC says, is to get car insurance quotes online using services. They also offered several tips that will save you time and make it easier to shop for auto insurance online.

Understand what your state requires and doesn’t require. Every state has different minimums that you must satisfy. You can learn what your state minimum requirements are using our State Auto Insurance Guide.

Review the declarations/information page on your existing policy. This will show you how much car insurance you’re currently carrying.

Auto insurance is unique to your life situation. Has anything changed in the past year? Have you married or divorced? Changed occupations or retired? Paid off a car loan? Acquired assets that could be
jeopardized if you were sued above your policy limits? Any of those and many other life changes can affect how much and what type of coverage you need. In some instances, changes in your situation may also qualify you for car insurance discounts you’re not currently taking advantage of.

Before you start to shop for car insurance quotes online, assemble the following items: your existing policy, drivers’ licenses for all family members your policy will cover, and registration for every vehicle to be covered.

You must include all drivers in your online car insurance quote request. Failure to do so could result in cancelation or non-renewal of your policy if an unnamed family member is in an accident.

Most insurance companies will want three years’ driving history for each operator. Don’t fudge; they’ll check with your state’s department of motor vehicles. Being caught lying is a bad way to start any relationship.

Many insurers will also check your credit rating in determining your premium. Review your credit reports for discrepancies before getting a quote.

Once you have several car insurance quotes, you may be tempted to go with the lowest. NAIC warns that price isn’t necessarily the best factor. You should also ask friends and family members about their auto insurance experiences and satisfaction levels with various companies you’re considering. You can check with your state insurance department, insurance rating services such as A.M. Best and the Better Business Bureau to see the complaint ratio for any company or agency you’re considering. Good service, rather than low price is often a better way to select car insurance.   

You can compare competitive car insurance quotes from top-rated companies at

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