Reader’s Question:

My rates have been much higher after my friend got into an accident while using my car. Where can I get the cheapest automotive insurance quotes?

Tony

Chicago, IL

Lending your car may not be a very good practice especially if it is going to be in the hands of an uninsured driver even if he is your friend. Say he gets into an accident and causes considerable damage. The insurance that kicks in to pay for liability will be yours. And this will be put against your automotive insurance record even if the accident was really not your fault. Unless, of course, you are able to provide proof that the car was taken by your friend without your permission, then you will just have to face up to the fact of paying such high premiums. It is the automotive insurance standard that rates be increased up to 40% if the policyholder’s record involves a first-time claim. While there may be automotive insurance companies willing to forgive that first road accident, most insurers do not, and one that does is quite uncommon.

If you are thinking of shifting to a different provider, then there are several ways to look for the cheapest automotive insurance quotes. The most time-saving method would be to search the Internet. There are a lot of insurance websites out there that can quickly present you with automotive insurance quotes as soon as you complete and submit their online forms. You can easily list down the several automotive insurance quotes you’ll get from your search and quickly see which companies provide the cheapest rates.