What Does Reddit Say Is the Cheapest Way to Get Car Insurance?
last updated on November 11, 2021
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reddit is a great source for car insurance information online. Every day, thousands search reddit to find the cheapest auto insurance.
Reading: How to find cheap car insurance reddit
According to reddit communities (aka ‘subreddits’) like r/frugal, r/povertyfinance, r/personalfinance, and r/lifeprotips, the cheapest way to get auto insurance is to frequently compare quotes from major providers like geico and state farm.
reddit is a treasure trove of tips and tricks for getting cheap car insurance. Below, we’ll round up some of the best reddit strategies for getting cheap car insurance.
compare with major insurance providers
The best way to get cheap car insurance, according to reddit, is to shop around with the largest insurers in your area.
state farm is the largest insurance company in the united states, while geico is the second largest. Both companies offer competitive rates in all 50 states. geico tends to be the cheapest, but state farm is competitive and may offer better coverage.
Other major auto insurance companies in the United States that offer affordable insurance include Progressive, Allstate, USAA, Liberty Mutual, Farmers, Nationwide, American Family, and Travelers.
By comparing quotes from various cheap auto insurance providers in your area, you can pay the lowest possible rates on auto insurance.
take advantage of online comparison websites
Unsurprisingly, reddit advocates an online approach to purchasing insurance.
Nowadays, every major insurance company has a robust website that makes it easy to get a quote.
Alternatively, you can use car insurance comparison websites to compare quotes from multiple providers at once.
You don’t have to leave your computer to find the cheapest auto insurance in your area. simply enter your ZIP code and vehicle make/model into an online form to get instant feedback on car insurance premiums.
buy liability insurance to drive legally at the cheapest price possible
Want to drive legally on public roads and pay the lowest auto insurance rates possible? You can do it with civil liability insurance.
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Most states only require you to have liability insurance. in some states, drivers are required to carry as little as $10,000 to $15,000 of liability insurance.
As one reddit user explains, liability insurance has its limitations, but it is the cheapest type of auto insurance available to those who want to drive legally.
Liability insurance protects others from harm you inflict. allows you to continue driving without problems. however, if you cause an accident, damage to your own vehicle will not be covered.
how to get cheap car insurance as a 19 year old
reddit’s demographic is younger. It’s no surprise to see reddit users looking for cheap car insurance for teen drivers.
A 19 year old driver was trying to find liability insurance for a vehicle over 25 years old and was struggling to find a good option. Adding that vehicle to his family’s plan caused a $300 per month increase that his parents weren’t willing to put up with.
In response, reddit users recommended paying his father the $300 monthly fee for car insurance. no auto insurance company offers cheap rates to young drivers.
As a 19-year-old male, you are one of the riskiest drivers to insure based on your age and gender. If you can’t find a cheaper rate on the open market, then your best bet is to buy car insurance through your parent’s plan and accept the higher premiums.
collection of tips to save money on car insurance, according to reddit
a reddit user, u/hakunamatea, who claims to work for an insurance company, posted a thread explaining tips, tricks, and strategies to save money on all types of auto insurance. seven years later, that thread is still one of the most viewed auto insurance posts on reddit.
here are some of u/hakunamatea’s best tips for saving money on car insurance in the united states:
- eliminate comprehensive and collision coverage on older vehicles to save hundreds (or even thousands) per year
- reduce your comprehensive coverage deductible if you live in a hail-prone region or expect to make multiple comprehensive coverage claims (for example, for vandalism, animal damage or flood damage)
- buy medical payments insurance coverage (medpay) through your auto insurance company if you have bad health insurance (or no health insurance); some states and insurers offer medpay, which works similar to health insurance
- Consider purchasing personal injury protection (pip) coverage for a similar reason to medpay: it works similar to health insurance and can cover medical bills after an accident
- compare prices, talk to an insurance agent and get quotes online; as u/hakunamatea explains, there are dozens of factors that go into an insurance premium, and each company uses a slightly different formula
- pay your bill upfront instead of monthly, as many companies offer a discount for paying in full every 6 to 12 months
- r/car_insurance_help (a general auto insurance Q&A community)
- r/personalfinance (there’s even a car insurance wiki on r/personalfinance with frequently asked questions and answers)
- r/povertyfinance (dedicated to providing financial help to low-income people)
- r/lifeprotips (a collection of tips and tricks on all different topics)
- r/frugal (a community dedicated to saving money and keeping lifestyle costs down by limiting unnecessary spending)
u/hakunamatea also recommends adjusting your deductible, bundling coverage, and purchasing usage-based insurance if you don’t drive much.
By taking advantage of all these tips and strategies, drivers can save thousands of dollars a year on insurance.
tell your insurer you drive fewer miles than average
It’s a wrong stereotype to assume that redditors sit at home in front of their computer all day. however, if you drive fewer miles than the average driver, you can save money on car insurance.
As u/fatbottomedgirls explains, insurers assume you drive approximately 15,000 miles per year, which is the average annual number of miles for most Americans. however, some drivers have significantly lower than average mileage.
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If you drive fewer miles than the national average, you could save on auto insurance. many drivers who work from home, for example, qualify for low-mileage car insurance. others qualify because they bike, walk, or take public transportation to work.
Tell your insurer you’re a low mileage driver. they may need to track your driving habits to verify, but you could save a considerable amount.
increase your limits
This is u/fatbottomedgirls’ second tip on our list: u/fatbottomedgirls recommends increasing your liability insurance limits to avoid surprising charges after an accident.
Some states require only $10,000 to $20,000 of liability coverage. If you injure multiple people in a single accident, or seriously injure one person, you could quickly exceed your auto insurance limits.
As u/fatbottomedgirls reminds us, America is a litigious society with some of the highest medical bills in the world. This is a disastrous combination for people with low liability limits. increase your limits to avoid a devastating lawsuit.
email 5 or 6 local agencies to request a quote
Don’t feel like entering your name and insurance information into an online form over and over again? Do you want to quickly get the best rates in your area in a matter of days? try emailing 5 or 6 local agencies to request a quote.
As u/aranthar explains, you can create an email, send that email to 5 or 6 local agencies to request a quote, and get the best offer from various experts.
Instead of hacking into a bunch of web forms, you get the information you need as quickly as possible with minimal effort.
check aaa for surprisingly low quotes
aaa isn’t often listed as one of the cheapest auto insurance companies in the country. however, a redditor claims that aaa still offers some of the cheapest rates, but they can’t advertise due to their non-profit status.
geico may claim to offer the “lowest advertised rates” on auto insurance even if aaa has lower prices. Because AAA doesn’t advertise, Geico isn’t technically lying: Geico does offer the lowest average rates on auto insurance.
Other reddit users disputed this claim and suggested that aaa was not the cheapest auto insurance option in their state. One Redditor claims that AAA wasn’t even in the top three cheapest car insurance quotes they received. however, aaa may be the cheapest option in some states.
the best reddit communities for cheap car insurance
Anyone can post a question on reddit. If you need more information on car insurance, or if you’re looking for additional car insurance tips and tricks, consider posting to any of the following subreddits:
Thanks to these communities and other resources, reddit can help you discover the cheapest way to get car insurance.