No one in their right mind likes having to buy auto insurance, in particular when their premiums are too high. You have multiple insurers to choose from, and though it is a good thing to have multiple companies, it makes it harder to adequately compare rates.
Consumers should take time to take a look at other company’s rates occasionally because prices are usually higher with each renewal. Even if you think you had the best deal a few years ago you will most likely find a better rate today. There is a lot of bad advice regarding auto insurance on the internet, so I’m going to show you some good information on how to put money back in your pocket.
Buying the lowest cost coverage in Lafayette is easy if you know what you’re doing. If you have a current auto insurance policy or need new coverage, you can use these tips to reduce the price you pay and still get good coverage. Louisiana drivers only need an understanding of the proper way to get comparison rates online.
Finding a better price on auto insurance is a fairly straight forward process. All you need to do is spend a few minutes getting comparison quotes online with multiple companies. This is very easy and can be done in a couple of different ways.
However you get your quotes, make absolute certain that you use apples-to-apples coverages and limits with each company. If you use different values for each quote it will be next to impossible to truly determine the lowest rate in Lafayette.
Car insurance is not cheap, but discounts can save money and there are some available that can drop the cost substantially. A few discounts will automatically apply at quote time, but some must be requested specifically prior to getting the savings. If they aren’t giving you every credit you qualify for, you are throwing money away.
Drivers should understand that many deductions do not apply to the entire cost. Some only apply to individual premiums such as liability and collision coverage. Just because you may think you would end up receiving a 100% discount, you won’t be that lucky. But all discounts will cut your overall premium however.
Some consumers would prefer to buy from a local agent and there is nothing wrong with that. Educated insurance agents are trained to spot inefficiencies and help file insurance claims. The biggest benefit of price shopping on the web is you can get better rates but still work with a licensed agent. And supporting local agencies is important particularly in Lafayette.
By using this short form, the coverage information is emailed to companies in Lafayette who will compete to get your business. You never need to drive around as quotes are delivered immediately to your email address. How’s that for easy!
When finding an insurance agent, you must know there are a couple different types of agents that differ in how they can insure your vehicles. Agencies in Lafayette are categorized either independent (non-captive) or captive. While both can do a good job, but it’s important to know how they differ since it can impact buying decisions.
These agents are not locked into one company so they have the ability to put coverage with any number of different companies depending on which coverage is best. To transfer your coverage to a different company, your agent can switch companies and you won’t have to switch agencies. When searching for an agent, you should always contact several independent insurance agents for maximum quote selection.
Shown below is a short list of independent insurance agencies in Lafayette that may be able to provide price quote information.
United Insurance Group – 3639 Ambassador Caffery Pkwy – Lafayette, LA 70503 – (337) 984-2313
Herman Venable Insurance Inc – 1027 Johnston St – Lafayette, LA 70501 – (337) 235-3000
Direct General Ins Agency – 2037 NW Evangeline Trwy – Lafayette, LA 70501 – (337) 235-5838
Yeoman’s Agency – 1800 W Pinhook Rd – Lafayette, LA 70508 – (337) 234-3509
Direct General Ins Agency – 2014 Johnston St – Lafayette, LA 70503 – (337) 269-0600
This type of agents write business for a single company such as Allstate, AAA, Liberty Mutual and State Farm. These agents are unable to shop your coverage around so they have no alternatives for high prices. Captives are trained well on their company’s products and that can be a competitive advantage.
Shown below are captive insurance agents in Lafayette who can help you get price quote information.
State Farm Insurance – 4414 Johnston St # A – Lafayette, LA 70503 – (337) 984-2990
Shelter Insurance – 2727 Kaliste Saloom Rd # 500 – Lafayette, LA 70508 – (337) 988-3565
Farmers Insurance Group – 103 Songbird Ln – Lafayette, LA 70506 – (337) 989-2335
Allstate Insurance – 4490 Moss St # C – Lafayette, LA 70507 – (337) 237-9566
Farm Bureau Insurance – 3112 W Pinhook Rd # B – Lafayette, LA 70508 – (337) 234-9994
To view a full list of auto insurance agents in Lafayette, visit this link.
Deciding on an insurance agency shouldn’t rely on just the price. Any agent should have no problem answering these questions:
Upon getting positive feedback to your questions as well as a affordable price, it’s possible that you found an insurance agent that meets your needs to properly insure your vehicles.
It’s important that you understand some of the elements that go into determining the price you pay for auto insurance. Understanding what impacts premium levels empowers consumers to make smart changes that may reward you with better auto insurance rates.
Consumers can’t get away from ads for the lowest price auto insurance by companies like State Farm and Allstate. They all make the same claim about savings if you change to them.
How do they all make the same claim? This is how they do it.
Different companies can use profiling for the driver that makes them money. For example, a profitable customer might be profiled as a mature driver, a clean driving record, and drives less than 7,500 miles a year. Any new insured who fits that profile receives the best rates and as a result will probably pay quite a bit less when switching companies.
Consumers who don’t qualify for the “perfect” profile will have to pay higher prices which usually ends up with the driver buying from a lower-cost company. The ads say “drivers who switch” not “everybody who quotes” save that much money. That is how companies can truthfully advertise the savings.
Because of the profiling, you need to quote coverage with many companies. It’s impossible to know which auto insurance company will provide you with the cheapest rates.
When buying insurance coverage, it’s very important that you do not buy less coverage just to save a little money. In many cases, an insured cut physical damage coverage and learned later they didn’t have enough coverage. The ultimate goal is to purchase plenty of coverage at a price you can afford.
Lower-priced auto insurance can be bought both online as well as from independent agents in Lafayette, and you need to comparison shop both in order to have the best chance of saving money. Some auto insurance companies don’t offer online price quotes and many times these small insurance companies only sell through independent insurance agents.
More information can be read on the website for the Louisiana Department of Insurance located here. Louisiana drivers can read consumer alerts, file complaints about an insurance agent or broker, and file complaints about a company.