Cheap car insurance
How to find cheap car insurance
Everyone wants to save money without forgoing quality. Some insurance companies focus on the bare necessities for you to drive legally — bodily injury and property damage liability with the minimum limits — along with a claims process that’s spotty at best. Rather than take a chance on that cheap car insurance company, you can get quality coverage that won’t break the bank with Nationwide.
Nationwide insurance professionals can quickly design a car insurance quote that meets your precise needs, even for those on a budget. We provide flexible coverage and billing options, allowing members to pay monthly, quarterly or semi-annually online, through the mail or over the phone. It’s important to keep long-term flexibility in mind when deciding on an insurance carrier, and to not just go with the cheapest car insurance option available.
While cheap car insurance may save money upfront, it’s important to consider potential risks, such as inadequate coverage, claims experience, customer service, high deductibles, and lack of features.
Inadequate coverage: Cheap policies often provide minimal coverage, leaving you vulnerable in case of accidents, theft, or damage. Insufficient coverage may result in out-of-pocket expenses.
Claims experience: Some budget insurers make the claims process cumbersome. Delayed approvals, paperwork hassles, and poor customer service can frustrate policyholders during critical times.
Customer service: Low-cost insurers may prioritize cost-cutting over customer satisfaction. When you need assistance, inadequate support can lead to stress and dissatisfaction.
High deductibles: Cheap policies often come with high deductibles. While this lowers premiums, it means you could be paying more out of pocket in the event of an accident.
Lack of features: Basic policies may lack essential features like roadside assistance, rental car coverage, or comprehensive protection. These omissions can impact your overall safety and convenience.
Nationwide offers quality coverage that meets your needs and budget.
Certain factors influence your auto insurance rates, including some things you can control:
- The kind of car you drive – the price and style of your vehicle will impact how much your rates will be. The age of your car also matters; older cars tend to be cheaper to insure.
- The kind of coverage you choose – If you drive an older car with high mileage, you might consider dropping collision or comprehensive coverage if you need to keep your premiums low.
- The amount of your deductible – Higher deductibles can significantly lower car insurance premiums. While it could mean more out-of-pocket expenses in the event of an accident, it could also mean paying less over time.
- Where you keep your car - Rates are determined to some degree by the area in which you live and park your car.
- The number of drivers on your policy – If you add someone to your policy, your rate will increase, particularly if that "someone" is a new teen driver. Statistically teenagers have more accidents so they're more expensive to insure.
- Your driving record – Insurance rates can sometimes increase after an accident or moving violation. The good news? You may qualify for a discount after a certain period of driving accident-free.
- You can learn more about the factors that impact the cost of car insurance– and be sure to take them into account as you shop for coverage.
Cheap car insurance may not offer the coverage and protection you need. Car insurance is not just about the monthly cost, but being protected when life takes an unexpected turn. Nationwide offers dependable coverage with discounts that can lower your rates. Consider bundling your home and car, paying in full, or enrolling in SmartRide to earn discounts.
While low premiums may seem attractive, the risks associated with inadequate coverage can far outweigh the initial savings. Opting for the lowest-cost carrier might leave you vulnerable during critical moments — such as accidents, theft, or natural disasters—when you need reliable support the most.
Nationwide strikes a balance by offering competitive rates without sacrificing coverage quality. Our commitment to policyholders includes dependable coverage, efficient claims processing, and responsive customer service. Choosing a trustworthy insurer like Nationwide ensures peace of mind and security on the road.