When's the best time to shop for car insurance? (It could be right now)

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When's the best time to shop for car insurance? (It could be right now)

//business-finance.news-articles.net/content/202 .. hop-for-car-insurance-it-could-be-right-now.html

Published in Business and Finance on Wednesday, December 18th 2024 at 14:00 GMT by AOL
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

While timing your insurance shopping can have an impact, comparison shopping is what really drives your savings. See handy tips to timing your switch to a new insurer.

The article from AOL Finance discusses the optimal times to shop for car insurance to secure the best rates. It highlights that timing can significantly affect insurance premiums due to various factors like seasonal changes, personal life events, and insurance company policies. Key points include: shopping around 20-26 days before your current policy expires to avoid the rush and potential rate hikes; considering the time of year, as rates can increase after natural disasters or during high claim periods; and taking advantage of life changes like moving, getting married, or improving your credit score, which can qualify you for lower rates. The article also advises against auto-renewing without comparing quotes, as staying with the same insurer without reassessment might not always yield the best financial outcome.

Read the Full AOL Article at:
[ https://www.aol.com/finance/best-time-to-shop-for-car-insurance-181059919.html ]