Is "Cheap" Car Insurance Really Worth It?
When it comes to car insurance, customers typically look to find the best price. However, when it comes to auto insurance policies, cheaper is not always better, and there are a number of reasons why.
Cheap vs. Affordable Car Insurance
No matter how you look at auto insurance, the cost is always relative to what coverages and services you receive.
For instance, there is a big and oftentimes unforeseen difference between “cheap" and “affordable" auto insurance. In other words, you can get cheap car insurance that offers very little coverage, but for a little more money you can find affordable car insurance that offers the protection you need at a lower price than what you are used to paying for.
In this regard, it is smart to compare rates for low-cost insurance without simply choosing the cheapest option. Picking the cheapest option by default can leave you hanging in the balance if you have to make a claim, or worse, leave you without a car or cash to fix the damage from an accident.
Summary: Cheap Car Insurance Cheap car insurance can mean poor coverage, bad customer service, and worse. Find out why affordable auto insurance is better for your financial well-being than cheap auto insurance.