If you have a car at all, you definitely need to know who has the cheapest car insurance rates. In this day and age, it is easy to find that information, but you need to be sure you are prepared. You can find cheap car insurance online with very little time, effort or hassle as long as you are aware of a few key facts.

Your Credit Matters

It may seem that your credit rating is not an important factor when you want to find out who has the cheapest car insurance rates, but unfortunately it does matter. The better your credit rating, the more likely you will be able to pay lower premiums on your insurance policy. The inverse is also true; if you have a poor credit rating, you will see that reflected in your premium rates. Even though you just want to know who has the cheapest car insurance rates, insurance companies want to know who is least likely to default on their premiums.

Your Car Matters

Just as your credit rating impacts who has the cheapest car insurance rates, so does your car itself. While your insurance provider is not likely to tell you this outright, certain vehicles are more likely to incur higher premiums. The reasons for this oddity range from past ratings of how safe your vehicle is to how likely it is to be stolen. When you look for information regarding who has the cheapest car insurance rates, look first at information regarding which vehicles are expensive to insure to see if your car made the list.

Installment Fees Matter

A factor that many people forget when they first look at who has the cheapest car insurance rates is that many companies charge fees for monthly payments. In order to lower your premium and avoid these monthly charges, consider paying your premium in one lump sum if at all possible. Some companies charge these fees on a sliding scale depending on the payment plan you select. For example, a six month plan may have higher monthly fees than a quarterly payment plan. Remember to consider these charges when you compare who has the cheapest car insurance rates to be sure you are looking at accurate figures.

Your Driving Record Matters

When you compare who has the cheapest car insurance rates, you may find that insurance companies assess premiums in slightly different ways depending on your driving record. If you have had a great many accidents or claims filed against your insurance in the past, you are likely to see much higher premiums because insurance companies view you as a risk. When you get quotes to see who has the cheapest car insurance rates, be honest about your driving record so you can get the most accurate quote possible.

With the Internet at our disposal, it is easier than ever before to determine who has the cheapest car insurance rates. Fill out all of the information in the quote form as accurately and thoroughly as possible so that you can get the best rates possible. Every driver deserves to match up with the right company for them who has the cheapest car insurance rates.