You don’t know the real cost of the car if you don’t know the cost of insurance. The policy may turn out a burdensome extra cost, in addition to the purchase price. Auto insurance rates vary significantly from company to company depending on the make, models and other factors. Many used car buyers overpay for auto insurance simply because they don’t shop around.
Currently it makes good financial sense to get free quotes from GEICO because many new GEICO customers report average annual savings over $500.
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Even if you have been with the same company for years, it doesn’t mean that a competing company cannot offer you a better policy, especially if you change the vehicle. In some cases annual insurance premiums are comparable with purchase price of a used car. Finding out that the policy is way too costly after paying for the inspection and the VIN report is really sad. Always shop for insurance in advance, even before you get the vehicle history report. Auto insurance quotes are absolutely FREE (except for a few minutes of your time). These few minutes and mouse clicks save you up to $700 or even more.
LowerMyBills Calculator is a great way to find out the lowest insurance premiums you can figure on, especially if you are a careful driver.
Comparing auto insurance quotes in advance is as essential as VIN number check when purchasing a used car.