Looking for cheap no fault auto insurance rates? Don't pay any more than you have to for your auto insurance! You can get cheap rates for no fault insurance but you need to prepared to do a bit of homework first.
One great way to start shopping for the best possible no fault car insurance rates is to go online.
Take some time to check out a number of sites that offer insurance in your area.
Look at the type of coverage available and request quotes from the ones that you are most interested in.
Once you have a number of quotes in hand, examine them in detail.
Your goal here should be to find the best combination of great rates and affordable coverage.
You should also ask about available discounts.
Insurance companies offer discounts on premium rates under a number of circumstances.
You may qualify for a price break under one of the following circumstances: - Mature Driver - Student With Good Grades (B Average or Above) - Multiple Policies With the Same Insurer - Married Driver - Low Annual Mileage - Clean Driving Record for a Number of Years If you have been buying your insurance from the same company for a number of years, ask if you qualify for a loyalty discount (sometimes called a persistency discount or longevity discount).
There may be other discounts that you qualify for as well, so don't be shy to ask about how to get the best possible rate.
One way that you can get a better rate is to agree to cover more of your loss out of your own pocket before the insurance company will cover any damages.
Setting your deductible as high as you can afford means that you will pay less for your premium costs.
Here's a word of caution.
Make sure you can cover the deductible without too much trouble after a loss before you agree to go too high.
You will also want to make sure that the premium savings you may get are worth it the increased risk that you are taking.
This is a very personal decision and it may not be worth it to raise your deductible a few hundred dollars if you are only going to save a couple of bucks every year on your rates.
In a situation where you want to get the best rate possible, one way to go about it is to limit your coverage to the minimum level required by law.
This isn't the right choice for everyone, since you may be leaving yourself open to having to pay out of your own pocket if you don't have enough coverage.
All of these suggestions will help you find cheap no fault insurance when you want (or need) to.
Shop around and compare quotes from different companies and you may just be surprised how much you can save!