You’re Seriously Underestimating the Power of Shopping Around for Car Insurance – MotorBiscuit

When shopping for car insurance, it’s easy to get caught up in all of the confusing terms and other lingo that comes with it. You also have to consider factors like your age, driving record, and the type of car that you’re planning to insure, and then call up your insurance company to get the quote. However, there’s little more footwork involved. In fact, a recent study conducted by Money Geek shows that many Americans are severely underestimating the power of shopping around for insurance – in addition to other important factors.

What drivers think factor into car insurance premiums versus reality

There are many factors at play when it comes to getting a car insurance quote. Most drivers know some of the basic factors that insurance companies use to generate premiums, but Money Geek’s survey found that there’s some confusion between what drivers think goes into a car insurance premium versus the reality of it.

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