fred loya quote

Fred Loya Quote

When you look to save on car insurance, you might start off with a Fred Loya quote. This popular service matches consumers with the cheapest auto insurance plan. It’s one of the easiest ways to find a good deal on the auto policy you really want. However, finding the best deal is not always as simple as it looks.

Every auto insurance policy comes with its own set of specifications. So when you compare quotes online, there might be subtle differences in rules, service, and requirements that aren’t inherently noticeable.

Sometimes, you need to look at more than just the pricing to determine whether a policy is worth it or not.

Not all Direct Auto Insurance Websites are the Same

A direct car insurance website can be the best way to compare quotes for auto insurance, but you have to know what you’re looking for. Be extra careful when comparing costs, as the details of each quote need to be exactly the same. Otherwise, the coverage amounts may differ. What you think may be a great deal and a much lower price might actually give you way less coverage in the long run.

So, how do you compare car insurance quotes without having to worry about differences in coverage? Here are a few tips that will help you out.

Get Quotes from Multiple Carriers

You should aim for at least 8-10 different quotes before you start to narrow down your choice of carrier. Get quotes from a variety of insurers, both national and locally based. You might find that a regional company is offering rates for a lot lower than national companies that advertise heavily on television. This is why it’s so important to get as many quotes as you can, so you can see who has the best deal.

 Only Use Reputable Companies

Unfortunately, not every auto insurance company online is a reputable one. When you look for reliable coverage, you should be looking at more than just prices. Do research to see if the insurer in question has a history of poor customer service, unpaid claims, or unfair premium prices. Take a few minutes to glance at carriers online reviews, before signing up with them.

The best place to look for insurance ratings is A.M. Best, which is the number one rating agency for insurance across the board. Good insurance companies will be awarded the following grades from A.M. Best:

  • A++ or A+ (Superior)
  • A or A- (Excellent)
  • B++ or B+ (Good)

If a company has received a grade lower than a B+, they should not be trusted. It means the company is financially struggling, and may not pay your claims.

Check out a Companies BBB Standing

If you need more information, you can also contact the Better Business Bureau. Check to see if there were any local complaints filed against the insurance company you are looking into. If there are any complaints registered, it might be best not to go with that company. Also, if they have no rating with the BBB, this is a big red flag.

Look for the Same Policy Details in Each Quote

You can spend a lot of time on auto insurance comparison websites and still miss some important details. When it comes to reviewing a policy, make sure the coverage is consistent across each carrier. After all, selecting the type of policy you need is crucial when insuring your vehicle.

One company might offer a $400 deductible for liability, but it might not match up well with collision and comprehensive coverage. Another company can have that same $400 deductible, but will also have a $500 deductible for collision and comprehensive. This is why it’s also important to read all of the fine print.

Look at Additional Options, Exclusions, and Services Before Buyin

There are plenty of additional features that you can opt-in for when signing up for a new auto insurance policy. While some of these options may be of no interest to you, others may end up being really important.

Fred Loya quotes will tell you what carriers offer free towing and labor coverage. Additional services such as jump-starting a car, replacing a battery, or getting lockout assistance can be included in policies as well. If your car is older than 5 years, you may want to look into these, so you can have further peace of mind on the road.

Consider Adding Rental Car Coverage

You might also want to get rental car coverage added on. There are many policies that will either pay for a rental car or reimburse you for the cost of a rental vehicle. This is especially important if your car has been stolen or is being repaired after a no-fault accident. Some companies can offer up to $30 a day for a rental, while others offer only $15.

While these additional services or exclusions don’t weigh super heavily on the reliability or cost of the coverage as a whole, they are still important factors to take a look at if you are comparing two quotes that are very close in price.

Think of Your Personal Needs

No matter what company you look at, they will naturally offer their best quote in order to get you to sign up as a new customer. However, that quote may not be the best kind of quote for your personal needs. Your circumstances likely differ from someone else’s. You might need something that is most finely tailored to suit your specifications.

Insurers Will Use your Personal Information to Calculate Risk

Keep in mind that insurance companies will definitely look at the negative aspects of your personal information to determine your rate. This includes a deep look at your credit score, as well as research for any history regarding your traffic citations, violations, DUIs, and more. If you have these on your record, your quoted price will change drastically between companies.

On a positive note, if you have a clean driving record and good credit, the quotes can work in your favor. They give just as much weight to the positive factors of your profile as the negative ones.

Apply for Discounts Online

You may also receive several discounts. This includes advantages on your insurance cost if you are a good student, you own a home, or you live in a rural area.

That’s why it is vital that you understand that any quote you get online is just a preliminary number. The pricing of your quote will change after the company receives more of your personal information. Your circumstances, history, and driving need all play into the premiums you will end up paying. Free services like Fred Loya Quote can be invaluable when trying to compare the cheapest plans. The more quotes you compare, the more likely you’ll get the best deal for the coverage you need.