Last Updated January, 2020
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01
Editor's Choice
Star Ratings
Works with major auto loan lenders and is an effective tool that provides consumers with multiple loan offers.
  • Wide variety of lender
  • Site navigation is easy
  • Free Credit score service
9.8
overall rating
Read Review
02
Star Ratings
Great for borrowers with good or excellent credit scores who immediately need an auto loan on flexible lending terms.
  • Swift transfer of funds
  • Flexible terms for unsecured auto loans
  • No down payment
9.6
overall rating
Read Review
03
Star Ratings
The ultimate one-stop destination to finance your car by getting offers from multiple lenders within minutes of application.
  • Convenient application process
  • Same day loan approval
  • Multiple offers within minutes
9.5
overall rating
Read Review
04
Star Ratings
A bad-credit car loan connection service that saves time and efforts with its beginner-friendly lending service.
  • No hard credit check required
  • No application fees
  • Helps buyers with research
9.2
overall rating
Read Review
05
Star Ratings
An online auto loan service sans the automatic pricing restrictions offering competitively lower interest rates.
  • Simplified application procedure
  • Strong network of subprime lenders
  • Variety of tools offered
8.9
overall rating
Read Review
06
Star Ratings
An auto loan comparison service that brings a unique offering through its no-minimum credit score requirement for application.
  • Fast application process
  • Variety of lenders available
  • Good customer support
8.8
overall rating
Read Review
07
Star Ratings
Leading online vehicle loan marketplace helping borrowers choose the right auto loan lender from its vast lender network.
  • No hard check during prequalification
  • Option to check interest rates
  • Quick application process
8.6
overall rating
Read Review
08
Star Ratings
Offers a comfortable online banking experience while having more simplistic membership requirements.
  • Competitive rates of interest
  • Offers loans with no down payment
  • Provides useful tools and programs
8.3
overall rating
Read Review
09
Star Ratings
An online lending platform that offers a transparent and personalized auto loan acquiring experience.
  • Fast application process
  • No pre-payment fee
  • Low credit score requirements
8.1
overall rating
Read Review
10
Star Ratings
A reputed bank that eases online money management with its good customer support, effective tools, and streamlined process.
  • Dependable company
  • Low interest rates
  • Useful tools and services
7.9
overall rating
Read Review
11
Star Ratings
A pathbreaking application that merges the process of finding and financing a car and streamlines the loan process.
  • Simple application process
  • Loan approval despite bad credit
  • Provides leasing and financing options
7.7
overall rating
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12
Star Ratings
Simplifies the process of car financing by offering quick approvals even to those who are stumped by low credit scores.
  • No pre-payment fee
  • Excellent customer care service
  • Quick pre-approval process
7.6
overall rating
Read Review
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Here’s what you need to know before choosing a car insurance

It sounds easy to simply choose car insurance that has reduced rates because what more would one want? Many people also choose a lower amount of coverage or raise the deductibles. However, it is essential to not make a blind choice that one may regret in future. One needs to be a well-aware consumer and consider a number of factors before opting for car insurance. While choosing car insurance from the plethora of options available can be a bit overwhelming, below are some of the key factors that one needs to consider while purchasing car insurance:

Firstly, decide the car insurance that you need

Knowing what type of car insurance, you are looking for is the first step before you began your search. A car loan comprehensive car insurance is the perfect choice for consumers who use their vehicle as security. Someone whose car is financed, or even consumers who have purchased a new and valuable car, this insurance is usually their go-to. Whereas consumers who have not invested a lot in their car comparatively and only aim in protecting major liability, then a third-party property policy proves to be the perfect choice to meet the customer needs. Another car insurance option that people opt for is to elect fire and theft coverage only for the vehicle. However, this does not cover crash damage.

Clarity and transparency in the documentation

The days are past where documentation and legalities were incredibly confusing and the fine print hard to decipher. Now, it is as easy as simply downloading an insurance policy documentation and reading it to understand what you are getting into. Accessing information is easy these days and it is important to know everything about the policy before you are planning to buy. Before you sign up, ensure that you contact the insurer through email or phone to solve any queries and enquire about the things you don’t understand.

A good customer service rating

A lot of times, there are issues and doubts that arise after you have purchased car insurance. In such cases, having an insurer who is prompt and efficient in handling any issues or queries is extremely important. One of the best ways to assess this could be to get on the calls with the claims department. See if the customer service representatives are friendly and capable of understanding your problems. Also, see the time it takes to solve the issues you are facing.

Benefits and features to look for

All the car insurance policies are not created in the same manner. Some are simply the “basic” ones while others offer a variety of perks and features. Some of the perks usually included are accommodation if one suffers a loss during the holiday, providing a rental car in case your car is stolen, etc. It is important to evaluate the needs and requirements, the features and benefits offered, and simply not opt for the one with the lowest price.

Tailor the policy

Tailoring the policy according to you is the best way to reap the maximum benefits of the same. Insurance companies in the market have cut-throat competition and know that it is no more “one policy for all” approach. They all want to have an edge over the other by having something personalized and unique to offer when it comes to car insurance. For instance, many insurance policies give consumers the option to choose the features they want in the policy. This gives consumers a great amount of freedom which they can use optimally to reap the maximum benefits and maximize their savings as well.

Count on word of mouth as well

People you know who have been recently involved in car insurance claims can be a great guide to finding the best insurance for you. Enquire and ask about the insurance policies and perks friends, family, and colleagues have opted for. Word of mouth is a great way to know how the insurance company is functioning. Even referring to online reviews and comparisons are helpful in finding detailed insights.

Frequency of payment

On the day the insurance bill falls due, an expensive annual insurance premium can prove to be extremely difficult for one to pay and disturb their budget as well. So one might one to opt for regular payment options, this ensures that the payments are spread across each month rather than paying one big amount annually.