One of the most perplexing aspects of online car insurance quotes is their inconsistency. Car insurance quotes change regularly, and in order to find the best possible deals, drivers need to look for new quotes on a very regular basis. Although there are many reasons why car insurance quotes change, time is by far the biggest factor. A driver might see completely different quotes in January and July, even if his record hasn't improved and nothing has changed about his driving habits. Understanding the reasons why car insurance quotes change is a very important part of finding a low cost car insurance policy.
There are a few major reasons why car insurance quotes change over time. The first is directly related to the car insurance market. As supply and demand fluctuates, insurance companies adjust their prices. During good economic periods, they're able to offer policies to more drivers, including risky drivers. During bad economic periods, however, they'll often cut down on the number of new policies that they offer, and they may increase the average cost of car insurance premiums. There's not much that drivers can do about car insurance markets, but by looking at online car insurance quotes every once in a while, it becomes easier to predict changes due to the car insurance market. Online car insurance quotes may also change due to weather, as more claims are reported during certain seasons (especially winter). However, the effect of the weather on car insurance quotes is usually fairly small.
A driver's demographic information may change slightly over time, which can make quotes change. Time usually helps a driver, because older drivers are less risky (up to a point) from an insurance company's point of view. A good driver's rates will go down as he or she ages, especially when traffic citations and other incidents fade off of the driver's record. In most cases, these changes will be fairly gradual, but certain drivers may notice sudden drops in the cost of their policies during the course of a single year.
Regardless of how well your insurance policy is working, it's a good idea to reevaluate it every few months. This will help you to stay on top of any changes, and you'll be able to buy the best insurance policy possible given your driving habits and budget. You don't have to check car insurance quotes every day, but if you're able to do some quick research once or twice a year, you'll reduce the cost of your car insurance policy by capitalizing on the fluctuations in car insurance premiums.