Have you ever been curious if there is there a best time to buy car insurance? It’s a great question because it has a few answers. There are two occasions that are the best time to buy car insurance. There is also a third that’s unproven, but worth mentioning. It’s worth noting that time is one of the least effective ways to save money. If you’re looking for great ways to save on car insurance, we have a complete guide to car insurance discounts as well tips on ways to save on car insurance. Those two articles will help you find affordable car insurance! Now, let’s look at the three occasions where it’s the best time to buy car insurance!
Best Time to Buy Car Insurance: Before Renewal
The worst time to buy car insurance is after your policy expires. Buying insurance in haste will result in paying more than if you were to shop around. As such, the moment you get your renewal paperwork, that’s when you should start looking. This will give you the best opportunity to find discounts on car insurance. For one, you can find a new provider by comparing quotes with isure. If you do find a new provider, it makes the process easy with a clean break. If you do decide to stick with your current provider, you can possibly access loyalty discounts. The more time you give yourself when shopping for car insurance, the better chance you have at finding great coverage for the best rate! So, even if you already have car insurance, consider requesting a quote to see if you could save money!
Best Time to Buy Car Insurance: Before You Need It
If you’re contemplating buying a car, the best time to buy car insurance is before you buy. One of the things you’ll find out about car insurance is that different cars cost different amounts to insure. If you’re trying to decide between two different cars, how affordable insurance is can help make the decision easier. By being able to compare rates of multiple insurers, you’ll not only save a lot of money but get the best coverage. The savings can be so significant on ‘safer’ cars, that it may enable you to buy to a newer car with the money you’ll save on insurance. Make it a major part of your buying decision.
Best Time to Buy Car Insurance: December?
Generally, the month you buy insurance has nothing to do with the price you pay. But, while that’s true for Canada, it may not be as true for the USA. A study conducted in 2014 found that auto insurance was at its cheapest in December. Meanwhile, it was most expensive in March. There has not been a similar study done in Canada, so for now, the best time to buy car insurance isn’t limited to a single month. Instead, you can get cheap car insurance any time by comparing quotes through isure!