When you think of Black Friday deals, you’re probably picturing big screen TVs – not car insurance. But Black Friday has become one of the best days of the year to shop for car insurance deals. Today, we’re explaining everything you need to know about how to find great Black Friday auto insurance deals.
Black Friday is One of the Best Days of the Year to Buy a Car
According to a report from Edmunds Research, 15% of total November car sales take place over Black Friday weekend. It’s quickly becoming one of the best days of the year to buy a car.
Sure, big box retailers dominate headlines on Black Friday. However, a growing number of Americans are visiting their local car dealership for the best Black Friday deals. Check car dealers in your area – including new and used car dealers – to see if they’re holding any Black Friday events.
If you show up to a car dealership on Black Friday, make sure you have a copy of your car insurance. Car salespeople will be stretched thin throughout the weekend. Comparison shop before you arrive, get your paperwork in order, and you could be driving away from the dealership in a new car at a great price.
If you’re looking for the best deal, then watch for companies trying to clear out their remaining 2017 models before the end of the year. You can sometimes find good discounts on 2018 models, but you’ll find the best deals on 2017 models.
You’ll also find it way easier to find parking at the dealership on Black Friday compared to the mall.
Of course, the savings don’t have to stop at the car dealership. Black Friday deals are quickly becoming common across the world of auto insurance as well.
Some Car Insurance Companies Have Huge Black Friday Promotional Deals
Not all car insurance companies have embraced the spirit of Black Friday. After all, it’s difficult to provide huge discounts in the insurance industry. If an auto insurance company suddenly gives car insurance to thousands of high-risk drivers, it exposes them to huge liability. With the discounted rates, they might not have the money to cover all of the new drivers.
Fortunately, many car insurance companies still have promotions for Black Friday – and that means big savings for drivers like you.
One of the most popular promotions is a discounted rate for a short period of time: say, 30% off your first six months of car insurance when you’re buying a one year plan. The car insurance company gets a new customer, and you get 30% cheaper car insurance for the first six months.
If you were planning to switch insurers anyway, then this is a huge win.
As always, make sure you know the “non bonus” rate for that car insurance. You don’t want to be dazzled by a high price today – only to get a nasty surprise when the bonus expires.
How to Apply for Car Insurance Quotes on Black Friday
Requesting a Black Friday auto insurance quote is ridiculously easy. Here’s the basic process:
- Enter your ZIP code
- Complete an online form with your basic information
- Compare car insurance offers in your area instantly
Be Careful When Signing Up for Discounted Black Friday Car Insurance
A word of warning about car insurance companies on Black Friday: some companies offer discounted rates today, only to offer higher premiums once the promotional period is over. If an auto insurance company is offering something that seems “too good to be true”, it’s important you read the fine print. You might be getting a 50% discount on your car insurance for the first six months, only to be paying a 150% premium for the next 18 months.
Ultimately, comparing auto insurance quotes online is easier than ever before. Websites make it easy to check auto insurance, compare plans, and transparent explain the differences. Insurers are legally required to list all important terms in the contract.
Don’t Forget About Cyber Monday Auto Insurance Deals
Today, most Americans shop for car insurance quotes online. You’re just as likely to find a Cyber Monday auto insurance deal as you are to find a Black Friday deal. Today, online car insurance companies are embracing the spirit of the weekend, providing huge promotions and sharp discounts. They compete with each other to offer the lowest prices – and drivers across the nation benefit.
Check for auto insurance quotes online on Cyber Monday. Many websites offer Cyber Monday discount codes. Sometimes, the insurer’s discounted rates will be displayed directly on their quote request form, allowing you to easily see how much money you can save.
Even if you can’t find a good local auto insurance company hosting a Black Friday event, the day gives you a good excuse to shop for new insurance. Saving money means you’re embracing the spirit of the day!
The majority of Americans haven’t compared car insurance quotes in the last 5 years. In the spirit of Black Friday, take a few minutes to check for cheap car insurance deals online. Whether it’s a Black Friday special or just a better deal than your current insurer, Black Friday auto insurance deals could help you save thousands.