Is Your Houma, LA Auto Insurance Too High? Learn How to Lower Your Rates

Finding lower rates for Houma auto insurance is difficult for consumers not familiar with comparing rates online. People have so many options available that it can easily become a real challenge to find the best price in Houma.

Don’t pay full price with these discounts

Car insurance is not cheap, buy you may qualify for discounts that you may not know about. A few discounts will automatically apply at the time of purchase, but some must be asked about prior to getting the savings.

  • Discounts for Safe Drivers – Drivers who avoid accidents can get discounts for up to 45% lower rates than their less cautious counterparts.
  • Life Insurance – Some companies give a break if you buy life insurance from them.
  • Senior Discount – If you’re over the age of 55, you may be able to get a discount up to 10%.
  • Multi-policy Discount – If you insure your home and vehicles with one insurance company you may earn at least 10% off all policies.
  • Multiple Vehicles – Buying insurance for multiple vehicles on the same auto insurance policy may reduce the rate for each vehicle.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles can avoid accidents and earn discounts up to 10%.
  • Air Bag Discount – Vehicles equipped with air bags and/or automatic seat belt systems may earn rate discounts of more than 20%.

Drivers should understand that some of the credits will not apply to your bottom line cost. Most only cut the cost of specific coverages such as liability and collision coverage. Just because it seems like all those discounts means the company will pay you, auto insurance companies aren’t that generous. But all discounts will cut the cost of coverage.

For a list of providers offering auto insurance discounts in Houma, follow this link.

Switch companies and save? Really?

Companies like Progressive, GEICO, Allstate and State Farm regularly use ads on television and other media. All the ads make an identical promise of big savings if you move your policy. How can each company claim to save you money? It’s all in the money in Houma LA

Different companies can use profiling for the type of customer they prefer to insure. For instance, a profitable customer could possibly be between the ages of 30 and 50, has no driving citations, and drives less than 10,000 miles a year. A customer that hits that “sweet spot” will qualify for the lowest rates and as a result will probably save when switching.

Potential insureds who don’t measure up to the requirements will have to pay a higher premium and ends up with business not being written. The ad wording is “drivers who switch” not “everybody who quotes” save money. That’s why companies can make the claims of big savings.

Because of the profiling, it’s extremely important to get as many quotes as possible. Because you never know which company will provide you with the cheapest rates.

Additional auto insurance information is available on the Louisiana Department of Insurance website through this link. Louisiana consumers can learn about specific coverages, read state legal mandates and laws, and find a variety of consumer forms.

Do the work, save more money

Lower-priced auto insurance is attainable from both online companies in addition to many Houma insurance agents, and you need to comparison shop both so you have a total pricing picture. There are still a few companies who do not provide online price quotes and many times these small, regional companies only sell through independent insurance agents.

Consumers change insurance companies for any number of reasons including extreme rates for teen drivers, not issuing a premium refund, high rates after DUI convictions or even questionable increases in premium. Regardless of your reason for switching companies, choosing a new company is easier than you think.

We covered a lot of tips how to compare auto insurance prices online. The key concept to understand is the more times you quote, the better your chances of lowering your rates. Consumers may even find the best price on auto insurance is with the smaller companies.