Cheaper Bangor Car Insurance Rates in Five Minutes

Are you overwhelmed by the wide range of car insurance options in Bangor? You’re not alone. You have so many options that it can quickly become a real challenge to locate the lowest price.

Compare the Market for Car Insurance in Bangor, Maine

There are a lot of ways to compare car insurance quotes, and some are less time-consuming than others. You can spend your afternoon talking to local insurance agents in Bangor, or you can utilize the web to accomplish the same thing much quicker.

Most major companies belong to an insurance system that allows shoppers to submit their information once, and each company returns a rated price based on that information. This prevents consumers from doing quotation requests to each individual car insurance company. To compare rates now click to open in new window.

The only drawback to using this type of form is that you can’t choose the insurers to receive prices from. If you would rather choose specific providers to compare prices, we put together a list of the cheapest car insurance companies in Maine. Click to view list.

However you get your quotes, make absolute certain that you use apples-to-apples coverages on every quote. If you compare unequal deductibles or liability limits it will be very difficult to decipher which rate is best in Bangor.

Discounts can save BIG

The price of auto insurance can be rather high, but there could be available discounts that can drop the cost substantially. Some discounts apply automatically at the time of purchase, but a few must be inquired about before being credited. If you don’t get every credit possible, you are paying more than you should be.

• Pay Upfront and Save – If you pay your bill all at once rather than paying monthly you could save up to 5%.
• Life Insurance – Select insurance companies reward you with better rates if you take out auto and life insurance together.
• Military Rewards – Being deployed with a military unit could mean lower rates.
• Homeowners Pay Less – Simply owning a home can save you money because owning a home demonstrates responsibility.
• No Accidents – Drivers with accident-free driving histories can save substantially as compared to bad drivers.

It’s important to understand that many deductions do not apply to your bottom line cost. Most only reduce specific coverage prices like collision or personal injury protection. Just because you may think all those discounts means the company will pay you, you’re out of luck. Any amount of discount will help reduce the cost of coverage.

For a list of insurance companies with discount car insurance rates in Maine, click here.

Why you might pay higher rates in Bangor

It’s important that you understand some of the elements that come into play when calculating the rates you pay for car insurance. When you know what positively or negatively influences your rates enables informed choices that can help you get lower car insurance prices.

The list below includes some of the factors car insurance companies consider when setting your rates.

• Being married can save on car insurance – Having a wife or husband can get you a discount on your car insurance policy. Having a spouse usually means you are more mature and responsible and statistics show married drivers get in fewer accidents.
• Discounts for multiple policies – Most car insurance companies provide better rates to customers who consolidate policies with them. It’s known as a multi-policy discount. Discounts can be ten or even up to twenty percent in some cases. Even though this discount sounds good, you may still want to comparison shop to ensure the best deal. You may still be able to find better rates by buying insurance from more than one company.
• Your stress level may be raising your rates – Occupations such as doctors, architects and financial analysts have higher average rates due to job stress and lengthy work days. Conversely, professions such as pilots, engineers and the unemployed get better rates.
• Women pay lower rates – Statistics show that women are safer drivers than men. Now that doesn’t mean women are BETTER drivers than men. They both are in accidents in similar numbers, but the men tend to have more serious accidents. Men also statistically get cited for more serious violations such as DWI and reckless driving.
• The type of vehicle makes a difference – The performance of the car you are buying insurance for makes a significant difference in your rates. The most favorable rates are generally reserved for lower performance four cylinder passenger cars, but the final cost of insurance is determined by many other factors.
• Traffic citations inflate rates – Drivers with clean records have lower premiums compared to drivers with tickets. Only having one ticket may increase your cost by as much as thirty percent. Drivers who get flagrant violations like hit and run, DWI or reckless driving convictions may be required to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to keep their license.

Smart shoppers get results

Drivers leave their current company for a variety of reasons including high prices, unfair underwriting practices, delays in responding to claim requests and policy cancellation. It doesn’t matter why you want to switch finding the right car insurance provider is not as difficult as it may seem.

As you restructure your insurance plan, do not skimp on coverage in order to save money. There have been many cases where drivers have reduced liability coverage limits only to regret that it was a big error on their part. The ultimate goal is to buy enough coverage at a price you can afford.

Low-cost car insurance is definitely available from both online companies and also from your neighborhood Bangor agents, and you should compare price quotes from both to have the best chance of lowering rates. A few companies may not provide you the ability to get quotes online and these smaller companies work with independent agents.

More information is available on the Maine Bureau of Insurance website located here. Consumers can report car insurance fraud, file complaints about an insurance agent or broker, and find a variety of consumer forms.