How to save money on car insurance at renewal time?

How to save money on car insurance at renewal time? - If you are concerned that you are paying too much for car insurance, renewal time is a good opportunity to shop for another insurance company. Many companies will offer a discount for switching, and some companies rate different underwriting factors differently, meaning that an accident that caused a large rate increase for one company may not count for as much with another company.



If you do choose to shop for quotes with other insurance companies, be aware that any prospective company will contact your current insurer and speak with the underwriting department to learn about any issues you may have on your policy. Your new insurance company will know about any claims on your policy, as well as other risk factors. Simply changing an insurance provider does not protect you from rate increases due to legitimate risk factors on your policy.