How often should you Shop for Car Insurance?

Shopping around for auto insurance should certainly be done periodically so that you can get the best possible deals on premiums. The same driver can possibly be charged more with one insurer than another. This is especially the case when in dire need of cheap car insurance.

It’s for this reason that it is typically important to compare auto insurance quotes regularly. Although you’re always recommended to shop around for insurance at least once a year, certain circumstances can also call for the need to re-evaluate your options sooner. So, here are circumstances under which you should shop for car insurance.

When Adding a New Driver

Adding a new driver to your insurance policy can possibly impact your rates thus making it an ideal time to shop around for new policy, find better options as well as avoid lapse in coverage. For instance, insuring a teen driver can certainly be costly and your rates can possibly increase on average.

Fortunately, shopping around can help you find carriers that offer good student and driver education discounts that can definitely reduce your premiums. It’s also ideal to shop around before your policy renews. Since auto insurance policies typically renew after every six to 12 months, you’re always recommended to compare quotes before your renewal date. This way, you’ll be ensuring you get the best possible deal for your money.

When You Move

When you move to a different location, factors like where you’ll store your vehicle and crime statics in the area can positively or negatively affect your premium. For instance, moving from a Suburban neighborhood to a large metro area can make your rates go up because the risk of damage to your vehicle is often high. You should also shop around for your auto insurance policy at least once per year.

Rates can possibly change each year based on many factors. Therefore, at least once per year, you ought to take your time to and compare auto insurance quotes so as to ensure you aren’t overpaying for your policy. Also note that, shopping around for new insurers doesn’t necessarily have to be around your renewal date as you can still switch your insurance providers mid-way through your policy term.

Most Popular

More from Walops

RECOMMENDED FOR YOU

Guangzhou Bridge Disaster: Barge Crash Plunges Vehicles into Water, Two Confirmed Dead

On Thursday, Chinese state media reported a tragic incident in the Pearl River Delta near Guangzhou city, where two individuals lost their lives, and three are currently unaccounted for. The unfortunate event unfolded when a barge collided with a bridge over the Hongqili Waterway, causing a section...

Crypto Crackdown: Genesis Pays $8 Million and Loses License After AML Failures

Following an investigation that revealed substantial deficiencies in its anti-money laundering and cybersecurity programs, Genesis Global Trading, a subsidiary of Digital Currency Group, has agreed to pay an $8 million penalty and voluntarily surrender its license from the regulator, according to the New York Department of Financial...

Amid Epstein Revelations, New Claim: Brin and Ex-Wife Vacationed on Controversial Island

A new set of court documents unsealed on Monday have revealed that Google co-founder Sergey Brin and his ex-wife Anne Wojcicki, the CEO of genetic testing firm 23andMe, vacationed on Jeffrey Epstein's 'pedophile island'.' The new revelations stem from a 2016 email exchange between Sarah Ransome, one...

Fast Track, Higher Cost: US Raises H-1B Premium Processing Fee 12%

US Citizenship and Immigration Services (USCIS) has recently announced a 12% increase in visa application processing fees across a few categories. This includes the widely used H-1B visa, which permits US companies to employ foreign workers in specialized occupations that require theoretical or technical expertise. The new...

Shipping in the Suez Canal Affected by Houthi Assaults in the Red Sea

The Iran-aligned group has launched drones and missile attacks at commercial ships at the southern end of the Red Sea, which connects to Egypt's Suez Canal in the north and the Mediterranean Sea. The attacks have prompted several shipping companies to divert vessels, avoiding the route that...

Siberia Shivers as Temperatures Plummet to a Bone-Chilling -58 Degrees Celsius

Arctic weather enfolded swathes of Russia on Tuesday, with temperatures in the wilds of Siberia falling to minus 58 degrees Celsius (minus 72 degrees Fahrenheit). In Yakutsk, one of the world’s coldest cities, some 5,000 km (3,100 miles) east of Moscow, residents struggled to cope with a...

Farewell to a Diplomatic Giant: Henry Kissinger Passes Away at 100

Henry Kissinger, the scholar-turned-diplomat whose cunning and ambition made him one of the world’s most influential power brokers for over half a century, has died. He was 100. His consulting firm released a statement saying that the former US secretary of state and national security adviser died...

X CEO Linda Yaccarino Faces Calls for Resignation as Elon Musk Supports Antisemitic Statements

Several advertising executives are urging the Chief Executive Officer of X (formerly Twitter) to resign from her role in the wake of an advertiser exodus and scrutiny over owner Elon Musk's antisemitic remarks on the platform. According to CNN, over the weekend, a "groundswell" of advertising executives...

Official Confirmation: Oppo Reno 11 to Utilize MediaTek Dimensity 8200 SoC

The Oppo Reno 11 series is all set to go official in China on November 23 with at least two entries — the regular Oppo Reno 11 and the Pro variant equipped with a periscope telephoto camera. Both models are currently up for pre-reservations in the country,...

Everything You May want to Know aboutDesigning With Cherry Kitchen Cabinets

For ten decades or so, cabinets made of the medium-density cherry hardwood have dominated the interior of many houses. Drawn from the charming American cherry fruit tree, cherry cabinets are widely known for their rot-resistant and moderate durability properties.Both designers and homeowners seem to have an affinity...

Vodafone Sells Spanish Business to Zegona in Bid to Focus on Core Markets

Vodafone (VOD.L) will sell its Spanish business to Zegona Communications (ZEG.L) for 5 billion euros ($5.30 billion) in the second major deal by its new CEO to revamp a company struggling with little growth in mature markets and a lack of cash flow to fund dividend payments....

Western Digital to Create Two Separate Companies, One for Hard Drives and One for Flash Memory

The division will create two companies focusing on the hard drive and flash memory markets. This strategic move aims to increase the performance and competitiveness of each business by providing them with a sharper focus on their respective market segments. Western Digital (WDC.O) is a leading storage...