9 Tips Guaranteed to Save Money on Car Insurance Costs in Paragould, AR

Price shopping your Paragould car insurance is nearly impossible for consumers not familiar with comparing rates online. People have so many options that it can be a challenge to find the best price in Paragould.

It’s smart to price shop coverage periodically because insurance rates trend upward over time. Despite the fact that you may have had the lowest rates a year ago you can probably find a lower rate today. Block out anything you think you know about car insurance because you’re about to find out the tricks you need to know to buy cheaper car insurance.

Discounts are great for lower rates

Companies don’t list all their discounts very clearly, so the following is a list of both well-publicized and the harder-to-find car insurance savings. If you’re not getting every credit possible, you’re just leaving money on the table.

Discount for Swiching Early – Some companies give discounts for switching policies before your current policy expires. The savings is around 10%.
Low Mileage Discounts – Low mileage vehicles could qualify for better rates on cars that stay parked.
Discount for Good Grades – This discount can get you a discount of up to 25%. This discount can apply until age 25.
Anti-theft Discount – Anti-theft and alarm systems are stolen less frequently and earn discounts up to 10%.
Defensive Driving Course – Taking a course teaching defensive driving skills could possibly earn you a 5% discount if your company offers it.
Seat Belts Save – Using a seat belt and requiring all passengers to wear their seat belts could cut 10% or more off your PIP or medical payments premium.
Anti-lock Brake Discount – Vehicles with anti-lock braking systems are safer to drive and qualify for as much as a 10% discount.
Multiple Vehicles – Buying coverage for multiple vehicles with the same company qualifies for this discount.
Homeowners Pay Less – Simply owning a home can help you save on car insurance because maintaining a house shows financial diligence.

It’s important to understand that most credits do not apply to the entire cost. The majority will only reduce the price of certain insurance coverages like comp or med pay. So when the math indicates you could get a free car insurance policy, it doesn’t quite work that way.

To choose companies who offer car insurance discounts in Arkansas, click here.

Fast and Easy Paragould Car Insurance Quotes

Finding lower Paragould car insurance rates is actually quite simple. Consumers just need to take the time to compare rate quotes online with multiple companies. This is very easy and can be done in just a few minutes using one of these methods.

The recommended way to find the lowest comparison rates is to use a rate comparison form click to view form in new window. This easy form eliminates the need for separate forms to each individual car insurance company. In just a few minutes this one form will return price quotes from multiple low-cost companies. This is by far the quickest method.
A slightly less efficient method to find lower rates is to manually visit each company website and complete a new quote form. For instance, we’ll pretend you want to compare rates from Allstate, Progressive and Farmers. To get each rate you have to take the time to go to each site and enter your information, which is why the first method is more popular.
For a list of links to companies insuring cars in Paragould, click here.
The least efficient method to get comparison rates is driving to and from local Paragould insurance agencies. Buying insurance online makes this process obsolete unless you prefer the trained guidance that only a license agent can provide. However, consumers can compare the best prices online but buy from a local insurance agent. We’ll cover that shortly.

It’s your choice how you get your quotes, but compare identical coverage information on every quote. If each company quotes different values for each quote it’s not possible to truly determine the lowest rate in Paragould.

You may need specialized coverage

When buying proper insurance coverage for your personal vehicles, there isn’t really a perfect coverage plan. Each situation is unique.

For example, these questions may help highlight whether or not you will benefit from professional help.

When should my teen driver be added to my policy?
Am I covered by my employer’s commercial auto policy when driving my personal car for business?
Do I have coverage when making deliveries for my home business?
Does liability extend to a camper or trailer?
When do I need to add a new car to my policy?
What are the best liability limits?
Can I afford to pay high deductible claims out of pocket?
Am I covered when driving on a suspended license?

If it’s difficult to answer those questions, you might consider talking to an insurance agent. To find lower rates from a local agent, fill out this quick form. It’s fast, doesn’t cost anything and you can get the answers you need.

Auto insurance 101

Knowing the specifics of your policy can help you determine which coverages you need at the best deductibles and correct limits. Car insurance terms can be confusing and even agents have difficulty translating policy wording.

Coverage for liability free Arkansas insurance quote

Liability insurance protects you from damage or injury you incur to a person or their property that is your fault. It protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 50/100/50 that means you have a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability insurance covers claims like pain and suffering, attorney fees and repair bills for other people’s vehicles. The amount of liability coverage you purchase is up to you, but you should buy as large an amount as possible. Arkansas requires minimum liability limits of 25,000/50,000/25,000 but you should consider buying more liability than the minimum.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for things like funeral costs, chiropractic care, doctor visits, prosthetic devices and rehabilitation expenses. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants in addition to being hit by a car walking across the street. PIP is not universally available and may carry a deductible

Comprehensive insurance

This will pay to fix damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for things like damage from flooding, rock chips in glass and vandalism. The most a car insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your vehicle.

Since many Arkansas drivers carry very low liability coverage limits (which is 25/50/25), it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family.

Collision coverage protection

Collision insurance will pay to fix damage to your vehicle resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as backing into a parked car, sideswiping another vehicle, colliding with another moving vehicle and sustaining damage from a pot hole. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Another option is to choose a higher deductible to get cheaper collision coverage.

Smart shoppers get results

Insureds leave their current company for many reasons like lack of trust in their agent, not issuing a premium refund, policy cancellation or denial of a claim. Whatever your reason, finding the right car insurance provider can be easy and end up saving you some money.

We just presented a lot of tips how to get a better price on car insurance. The key concept to understand is the more price quotes you have, the higher your chance of finding lower rates. Drivers may discover the best prices are with a small mutual company.

Low-cost car insurance is possible both online as well as from independent agents in Paragould, and you should be comparing both so you have a total pricing picture. A few companies don’t offer online quoting and these smaller companies work with independent agents.