Scraping up a payment for overpriced auto insurance can empty your checking account and put the squeeze on your family’s finances. Comparison shopping is free, only takes a few minutes, and is a good way to make sure you’re not throwing money away.
It’s important to take a look at other company’s rates before your policy renews because rates are adjusted regularly by insurance companies. Despite the fact that you may have had the best deal last year you may be paying too much now. Starting now, forget all the misinformation about auto insurance because you’re going to learn one of the quickest ways to find lower rates on auto insurance.
Smart consumers have a good feel for some of the elements that go into determining auto insurance rates. Understanding what influences your rates allows you to make educated decisions that may reward you with better auto insurance rates.
Listed below are some of the items companies use to determine rates.
There are a lot of ways you can shop for auto insurance and some are more efficient than others. You can spend your afternoon driving to insurance companies in Portsmouth, or you can utilize the web to get rate comparisons in just a few minutes.
Many popular insurance companies enroll in a system that enables customers to submit their information once, and every company can provide price quotes determined by their information. This system prevents you from having to do quote forms for each company you want a rate for.
To find out how much you’re overpaying now click here to open in new window.
The one disadvantage to doing it this way is buyers cannot specifically choose the insurers to get pricing from. If you would rather choose specific insurance companies to compare, we put together a list of companies who write auto insurance in New Hampshire. Click to view list.
Which method you use is up to you, but ensure you’re using the exact same quote information for every quote you compare. If you enter unequal deductibles or liability limits it’s impossible to determine which rate is truly the best in Portsmouth. Just a small difference in limits may cause a big price difference. And when comparison shopping, more quotes provides better odds of finding a better price.
Insurance can be prohibitively expensive, buy you may qualify for discounts to help bring down the price. Most are applied when you quote, but less common discounts must be inquired about before you will receive the discount.
Keep in mind that most credits do not apply to the entire cost. Most only apply to individual premiums such as collision or personal injury protection. So even though it sounds like you would end up receiving a 100% discount, you’re out of luck. Any qualifying discounts will cut your premiums.
To choose insurers offering auto insurance discounts in Portsmouth, click here to view.
Some people prefer to buy from a licensed agent. One of the great benefits of price shopping on the web is you may find better rates but also keep your business local. Buying from small agencies is important especially in Portsmouth.
After completing this short form, your coverage information is emailed to participating agents in Portsmouth who will compete for your coverage. You won’t need to leave your house since price quotes are sent straight to your inbox. It doesn’t get any easier! Get lower rates without the usual hassles of price shopping.
When searching for a local agent, there are two types of agencies that you can select. Agencies in Portsmouth are categorized either independent or captive.
Independent agencies do not work for one specific company but rather can write business with many different companies and possibly get better coverage at lower prices. If your agent finds better pricing, they simply move the coverage in-house and you won’t have to switch agencies. When comparison shopping, it’s a good idea to contact several independent insurance agents for maximum quote selection.
Shown below is a short list of independent agents in Portsmouth that are able to give price quotes.
Prudential Insurance Co – 56 Islington St – Portsmouth, NH 03801 – (603) 431-6007
Liberty Mutual Insurance – 225 Borthwick Ave – Portsmouth, NH 03801 – (603) 431-8400
Captive agents can only place business with one company like Allstate, Farmers Insurance or State Farm. These agents are not able to give you multiple price quotes so it’s a take it or leave it situation. Captive agencies receive extensive training on their company’s products which helps them sell insurance even at higher premiums.
Shown below are Portsmouth captive agents who can help you get comparison quotes.
Liberty Mutual Insurance – 195 Hanover St # 30 – Portsmouth, NH 03801 – (603) 431-3350
To view a full list of captive agents in Portsmouth, please go to this site.
Choosing an insurance agent requires more thought than just the price. Any agent should have no problem answering these questions:
Once you have positive responses to all your questions and a good coverage price, most likely you have located a car insurance agent that can service your policy.
When it comes to buying proper insurance coverage, there really is no “best” method to buy coverage. Each situation is unique so your insurance should reflect that For instance, these questions could help you determine whether or not you would benefit from professional advice.
If you’re not sure about those questions, you may need to chat with an agent. To find an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area.
Much more information about auto insurance in New Hampshire can be read on the website for the New Hampshire Insurance Department found here. New Hampshire consumers can read consumer alerts, learn about specific coverages, and find out which companies have the most complaints.
More related Portsmouth auto insurance information:
Low-cost auto insurance is available from both online companies in addition to many Portsmouth insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from. Some auto insurance companies do not provide you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.
When you buy insurance online, make sure you don’t buy less coverage just to save a little money. There are too many instances where an insured cut physical damage coverage to discover at claim time that the small savings ended up costing them much more. Your aim should be to get the best coverage possible for the lowest price.