Things You Must Know Before Finding Lorain Auto Insurance Online

Shopping for the lowest cost Lorain auto insurance online can seem to be challenging for consumers new to comparing rates online. With dozens of insurance companies available, how can you possibly compare them all to find the best available price?

It’s a good habit to take a look at other company’s rates every six months because insurance rates are adjusted regularly by insurance companies. Even if you think you had the lowest rates a couple years back you may be paying too much now. So forget anything you know (or think you know) about auto insurance because you’re going to learn the tricks you need to know to save money, get proper coverage and the best rates.

Are you getting all your discounts?

Companies offering auto insurance don’t always advertise every available discount very well, so we break down some of the more common as well as the least known savings tricks you should be using.

  • Payment Discounts – If you pay your bill all at once instead of paying each month you could save 5% or more.
  • Early Signing – Some insurance companies reward drivers for buying a policy prior to your current policy expiring. This can save 10% or more.
  • Save with a New Car – Adding a new car to your policy can save up to 30% compared to insuring an older model.
  • Claim Free – Drivers with accident-free driving histories can earn big discounts when compared with bad drivers.
  • Theft Prevention System – Vehicles equipped with anti-theft or alarm systems help deter theft and therefore earn up to a 10% discount.
  • Passive Restraints – Vehicles with factory air bags or automatic seat belts can receive discounts of up to 25% or more.
  • Paperless Signup – Some insurance companies may give you up to $50 for buying your policy on their website.
  • Drivers Education – Require your teen driver to enroll in driver’s education in school.
  • 55 and Retired – If you qualify as a senior citizen, you may receive better auto insurance rates.
  • Accident Waiver – Some insurance companies allow you one accident before hitting you with a surcharge so long as you haven’t had any claims prior to the accident.

It’s important to understand that most credits do not apply to the entire cost. Most cut the cost of specific coverages such as comprehensive or collision. So even though they make it sound like all those discounts means the company will pay you, it doesn’t quite work that way.

To choose providers with the best auto insurance discounts in Ohio, click here to view.

Situations that might require an agent

When it comes to choosing coverage for your personal vehicles, there is no “best” method to buy coverage. Everyone’s situation is unique.

For example, these questions may help you determine if your situation could use an agent’s help.

  • How many claims can I have before being cancelled?
  • Am I covered when using my vehicle for business?
  • Do I need rental car coverage?
  • What can I do if my company won’t pay a claim?
  • Is business property covered if stolen from my car?
  • Does medical payments coverage apply to all occupants?
  • How much underlying liability do I need for an umbrella policy?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with an agent. If you don’t have a local agent, simply complete this short form.

What happened to insurance agents?

Some people would rather buy from a licensed agent. One of the great benefits of comparing rates online is you may find the lowest rates but also keep your business local.

By using this simple form, your insurance coverage information is immediately sent to participating agents in Lorain who will compete for your coverage. There is no need to drive around since price quotes are sent straight to your inbox. How cool is that?! You can find the lowest rates without the usual hassles of price shopping.lower rates in Lorain

Choosing an provider needs to be determined by more than just a low price. Some important questions to ask are:

  • Can they give you a list of client referrals?
  • What are the financial ratings for the companies they represent?
  • Do they have any clout with companies to ensure a fair claim settlement?
  • What insurance company do they write the most business with?
  • Are claim adjusters local or do you have to take your car somewhere else?
  • Are there any hidden costs in their price quote and does it include driving and credit history?
  • Can glass repairs be made at your home?
  • How many years of experience in personal lines insurance coverages do they have?

Choose an insurance agent wisely

If you’re trying to find local Lorain agents, there are a couple of types of agencies from which to choose. Lorain agents are either captive or independent (non-captive).

Captive Agents

This type of agents are contracted to one company such as State Farm, AAA and Liberty Mutual. They generally cannot compare other company’s rates so always compare other rates. Captives are trained well on the products they sell which helps them sell insurance even at higher premiums. Consumers often choose to use a captive agent primarily because of loyalty to the company and strong financial ratings.

The following is a short list of captive agencies in Lorain who can help you get price quote information.

  • Allstate Insurance Co – 4380 Oberlin Ave – Lorain, OH 44053 – (440) 960-1188
  • State Farm Insurance – 6155 Park Sq # 5 – Lorain, OH 44053 – (440) 288-5241
Independent Agents

These agents are not locked into one company so they can insure your vehicles with any number of different companies and potentially find a lower price. To transfer your coverage to a different company, the agent simply finds a different carrier and you don’t have to find a new agent.

When comparing rates, it’s recommended you include price quotes from several independent insurance agents for the best price selection. They often place coverage with smaller regional carriers who may have lower rates.

Listed below is a short list of independent insurance agents in Lorain who can help you get comparison quotes.

  • Robert Taylor Insurance – 2041 N Ridge Rd E – Lorain, OH 44055 – (440) 324-5925
  • Carrion Agency – 4380 Oberlin Ave – Lorain, OH 44053 – (440) 960-7200
  • F A Calabrese Agency – 5295 Oberlin Ave # B – Lorain, OH 44053 – (440) 960-2577
  • Janasko Insurance Inc – 562 Broadway – Lorain, OH 44052 – (440) 245-6268
  • Robert Taylor Agency – 2808 W 21st St – Lorain, OH 44053 – (440) 960-2345

For a full directory of auto insurance agents in Lorain, visit this site.

Once you have received acceptable answers for all questions you ask and an affordable coverage quote, you have narrowed it down to an auto insurance agent that can service your policy.

lower rates in Lorain

Additional consumer information websites

More tips and info about auto insurance is located at the Ohio Department of Insurance website. Ohio consumers can view agent and company licensing information, find disaster information, and read enforcement actions against agents and companies.

Other related articles:

Smart consumers save more

In this article, we presented many tips how you can reduce auto insurance prices online. The key thing to remember is the more times you quote, the more likely it is that you will get a better rate. Drivers may discover the lowest priced auto insurance comes from some of the smallest insurance companies.

As you restructure your insurance plan, it’s not a good idea to skimp on critical coverages to save a buck or two. There have been many cases where an accident victim reduced physical damage coverage and found out when filing a claim that they should have had better coverage. The proper strategy is to buy the best coverage you can find for the lowest price while not skimping on critical coverages.

The cheapest auto insurance is available on the web as well as from independent agents in Lorain, and you should compare price quotes from both so you have a total pricing picture. Some insurance providers don’t offer the ability to get a quote online and usually these small, regional companies provide coverage only through local independent agents.