Is there a specific time when car insurance is cheapest to buy?

I know dealerships have sale specials on cars at certain times of the year. Do insurance companies offer something similar for auto coverage?

Answer
“No, I’m afraid there are no sale specials for auto insurance on Presidents’ Day, the Fourth of July, or at any other time of the year. It’s actually illegal for insurance companies to sell discounted policies for buying at certain times.
If you want cheap car insurance, your best option is to shop around and gather quotes. Rates can vary significantly among insurance companies.
If you want to save money on car insurance, the Jerry app is a good place to start. A licensed broker, Jerry does all the hard work of finding the cheapest quotes from the top name-brand insurance companies and buying new car insurance. Jerry will even cancel your old policy for you. “
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Shannon Martin
Answered on May 13, 2021
Shannon is an expert in personal lines liability insurance with 13 + years of insurance industry experience. She also served as a special insurance liaison to AARP members for 6 of those years. She is a graduate of UL Lafayette and currently resides in NY with her family. Shannon is also an amateur juggler, ukulele player, and is a time travel paradox theory enthusiast.
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