8 Ways You Can Buy Auto Insurance for Less in Medford

Having to pay for overpriced auto insurance can dwindle your personal savings and force you to prioritize other expenses. Comparing price quotes is a smart way to lower your monthly bill. Online insurance companies like State Farm, GEICO and Farmers Insurance constantly blast consumers with ads and consumers find it hard to see past the geckos and flying pigs and effectively compare rates to find the best deal.

Compare Quotes for Medford Auto Insurance

There are a variety of methods to compare auto insurance prices but there is one way that is less time-consuming than others. You could spend the better part of a day talking to insurance companies in Medford, or you could use online quotes to get rate comparisons in just a few minutes.

Many popular insurance companies take part in a program where insurance shoppers send in one quote, and every company returns a rated price. This eliminates the need for repetitive form submissions for every auto insurance company.

To use this form to compare rates click here to start a free quote.

One minor caviat to pricing coverage this way is buyers cannot specifically choose the companies to receive prices from. If you would rather choose individual companies for rate comparison, we have assembled a list of companies who write auto insurance in Oregon. View list of Oregon insurance companies.

Which method you use is up to you, but make absolute certain that you use apples-to-apples coverages and limits with every price quote. If you are comparing different liability limits then you won’t be able to truly determine the lowest rate in Medford.

Discounts are great for lower rates

Companies don’t necessarily list every discount in an easy-to-find place, so we researched both the well known and the harder-to-find ways to save on auto insurance. If they aren’t giving you every credit possible, you’re paying more than you need to.

  • Drivers Ed for Students – Have your child enroll in driver’s education if it’s offered in school.
  • Federal Government Employee – Being employed by or retired from a federal job can save as much as 8% with certain companies.
  • Senior Citizens – Mature drivers may qualify for better auto insurance rates.
  • Resident Student – Youth drivers who live away from home and don’t have a car may be able to be covered for less.
  • Good Student – This discount can earn a discount of 20% or more. This discount can apply well after school through age 25.
  • E-sign – A few companies will give a small break for buying your policy digitally online.
  • Passive Restraints – Vehicles equipped with air bags or motorized seat belts may earn rate discounts of 20% or more.
  • New Car Discount – Adding a new car to your policy is cheaper since new cars are generally safer.

As a disclaimer on discounts, most discounts do not apply to the overall cost of the policy. Some only reduce individual premiums such as liability, collision or medical payments. So even though they make it sound like it’s possible to get free car insurance, companies wouldn’t make money that way.

For a list of insurance companies with the best auto insurance discounts in Oregon, click here.

You may need specialized coverage

When it comes to choosing adequate coverage for your vehicles, there really is no single plan that fits everyone. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. These are some specific questions could help you determine if your situation would benefit from professional advice.

  • Which companies will insure high-risk drivers?
  • Is my cargo covered for damage or theft?
  • Do I need rental car coverage?
  • Can I still get insurance after a DUI?
  • Why am I required to get a high-risk car insurance policy?
  • Do I have coverage for damage caused while driving under the influence?
  • Does having multiple vehicles earn me a discount?
  • Do I need motorclub coverage?
  • Can I drive in Mexico and have coverage?
  • Am I covered if I wreck a rental car?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier It only takes a few minutes and may give you better protection.

Even more information can be read at the Oregon Insurance Division website. Oregon consumers can file complaints about a company, get help finding coverage, and read state legal mandates and laws.<img class="alignright" style="padding-top:15px;" src="https://www.findnewcarinsurance.com/wp-content/uploads/ci175-92.jpg" alt="Oregon car insurance“/>

Can you really save $479 a year?

Oregon drivers can’t ignore all the ads for the lowest price auto insurance from the likes of State Farm and Allstate. They all seem to have a common claim of big savings after switching your coverage to them.

How can each company say the same thing? It’s all in the numbers.

All the different companies have a preferred profile for the driver that is profitable for them. A good example of a driver they prefer might be over the age of 40, owns a home, and has excellent credit. A customer getting a price quote who matches those parameters receives the best rates and most likely will cut their rates substantially.

Potential customers who don’t qualify for the requirements will be charged a more expensive rate and ends up with the driver buying from a lower-cost company. Company advertisements say “customers who switch” not “everyone that quotes” save that much money. This is how insurance companies can confidently claim big savings. That is why you need to get a wide range of price quotes. It’s not possible to predict which auto insurance company will have the lowest rates.

Auto insurance policy specifics

Having a good grasp of a auto insurance policy helps when choosing the best coverages at the best deductibles and correct limits. Auto insurance terms can be ambiguous and reading a policy is terribly boring. These are typical coverage types found on most auto insurance policies.

Liability insurance

Liability insurance provides protection from injuries or damage you cause to other people or property. This insurance protects YOU against claims from other people. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 100/300/100 which stand for $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability coverage pays for claims such as attorney fees, medical expenses and court costs. How much coverage you buy is your choice, but buy as much as you can afford. Oregon state law requires minimum liability limits of 25,000/50,000/20,000 but it’s recommended drivers buy higher limits.

Uninsured and underinsured coverage

This coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered claims include injuries to you and your family as well as damage to your vehicle.

Since many Oregon drivers only purchase the least amount of liability that is required (Oregon limits are 25/50/20), their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Comprehensive coverages

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

Medford insurance prices

Comprehensive coverage pays for things like hail damage, a broken windshield and damage from getting keyed. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for things like surgery, rehabilitation expenses and dental work. They are often used in conjunction with a health insurance program or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Auto collision coverage

This coverage pays for damage to your vehicle resulting from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things like hitting a mailbox, rolling your car, sideswiping another vehicle, hitting a parking meter and scraping a guard rail. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.

In Summary

Cheaper auto insurance can be purchased online and also from your neighborhood Medford agents, so you should be comparing quotes from both to have the best rate selection. There are still a few companies who may not provide you the ability to get quotes online and usually these small insurance companies provide coverage only through local independent agents.

Throughout this article, we presented a lot of information how to shop for auto insurance online. The most important thing to understand is the more companies you get rates for, the more likely it is that you will get a better rate. You may even discover the lowest priced auto insurance comes from some of the smallest insurance companies. These companies can often provide lower rates in certain areas than the large multi-state companies such as State Farm, GEICO and Nationwide.