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Auto Loan Basics  Chapter 2: Shop 'til you drop
Whether shopping online or off, discover how to track down the best vehicle at the best price.
 
   
Shop 'til you drop

Check insurance before you buy
 

The biggest sticker shock you encounter when car shopping might not be the label on the vehicle's window. It could be the insurance bill for your new wheels.

An increase in value in the car you're driving, combined with increased theft risk and other factors, could send your insurance bill skyward. What's more, a less-than-stellar credit rating could hike your rates. Before sealing the deal, check out national premium averages, talk to your agent about the vehicles you're considering and compare it against other quotes in your area. You can also go online to a number of sites and check insurance rates. You may find that you can save with another company.

Here are some sites that offer auto insurance quotes, as well as other insurance lines:

Sites:

Did you know ...
that more than a quarter (27 percent) of consumers interviewed in the J.D. Power and Associates 2005 National Auto Insurance Study stated they shopped for auto insurance in the past year and, of those, 33 percent used the Internet to get a rate quote.

-- Posted: Sept. 2, 2008
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