Having to pay for overpriced auto insurance can take a big chunk out of your personal savings and put the squeeze on your family’s finances. Comparing price quotes is a great way to tighten up your finances. Companies like State Farm, Progressive and GEICO all claim big savings with TV and radio ads and it can be hard to see past the corporate glitz and find the best price available.
Companies don’t always advertise every discount in an easy-to-find place, so we break down some of the best known as well as the least known ways to save on auto insurance. If they aren’t giving you every credit possible, you are throwing money away.
It’s important to understand that some of the credits will not apply to all coverage premiums. Most only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Just because it seems like having all the discounts means you get insurance for free, auto insurance companies aren’t that generous.
To choose insurance companies who offer auto insurance discounts in Redmond, follow this link.
All the larger auto insurance companies allow you to get insurance quotes on the web. Getting quotes doesn’t take a lot of time as you just type in your coverage preferences into a form. Upon sending the form, their rating system requests your driving record and credit report and returns pricing information based on these factors. This streamlines rate comparisons, but the work required to visit several different sites and complete many quote forms is repetitive and time-consuming. But it is imperative to get many rate quotes in order to get the lowest auto insurance rates.
Isn’t there an easier way to compare rates?
The preferred way to find lower prices makes use of a single form to get prices from many companies. It’s a real time-saver, eliminates form submissions, and makes comparison shopping a lot less work. As soon as the form is sent, it is rated and you can select any of the quotes returned. If one or more price quotes are lower than your current rates, you can click and sign and buy the new coverage. This process takes 15 minutes at the most and you’ll know if lower rates are available.
To quickly compare rates now, click here to open in new window and enter your vehicle and coverage information. If you have a policy now, it’s recommended you type in your coverages as close as possible to your current policy. This helps ensure you will have an apples-to-apples comparison based on similar coverages.
An important part of buying insurance is that you know the different types of things that come into play when calculating auto insurance rates. Understanding what impacts premium levels helps enable you to make changes that can help you get better auto insurance rates.
Cheaper auto insurance is definitely available online as well as from independent agents in Redmond, and you need to price shop both in order to have the best chance of saving money. A few companies don’t offer online quoting and usually these regional insurance providers provide coverage only through local independent agents.
In this article, we covered quite a bit of information on how to save on auto insurance. It’s most important to understand that the more rate quotes you have, the better chance you’ll have of finding lower rates. You may be surprised to find that the lowest priced auto insurance comes from a smaller regional carrier. Some small companies may often insure only within specific states and give getter rates than the large multi-state companies such as Allstate and Progressive.
As you restructure your insurance plan, do not sacrifice coverage to reduce premiums. In too many instances, someone sacrificed physical damage coverage to discover at claim time that the few dollars in savings costed them thousands. Your aim should be to purchase a proper amount of coverage for the lowest price while still protecting your assets.
Additional detailed information can be found at the Washington State Office of the Insurance Commissioner website. Washington consumers can read state legal mandates and laws, find out industry alerts, and learn about insurance regulations.