Is Your Valley City Car Insurance Too High? Save with These Tips

Are you a victim of an overpriced car insurance policy? Trust us, there are many people just like you. You have so many insurers to insure vehicles with, and though it is a good thing to have a selection, having more insurance companies makes it harder to compare rates and find the lowest cost car insurance.

This information will help you learn how to effectively get price quotes and some money-saving tips. If you have car insurance now, you stand a good chance to be able to cut costs considerably using this strategy. North Dakota drivers just need to know the proper methods to compare rates online.

Decisions you make can impact your rates

Consumers need to have an understanding of the factors that go into determining car insurance rates. Having a good understanding of what impacts premium levels helps enable you to make changes that may reward you with big savings.

Listed below are a few of the “ingredients” that factor into rates.

  • Mature drivers pay less – Teenage drivers in North Dakota tend to get distracted easily in a vehicle so car insurance rates are higher. Mature drivers are more responsible, tend to file fewer claims and are safer drivers.
  • Bump up deductibles to save – The deductibles define the amount you are willing to pay if you file a covered claim. Physical damage coverage, termed comprehensive and collision coverage on your policy, protects your car from damage. A few examples of covered claims would be running into the backend of another car, collision with an animal, or theft. The more money you have to pay, the less your company will charge you for insurance.
  • More people means more accidents – Choosing to live in less populated areas has it’s advantages when insuring your vehicles. Fewer drivers translates into fewer accidents and a lower car theft rate. Drivers in populated North Dakota areas regularly have congested traffic and longer commutes to work. Higher commute times translates into higher accident risk.
  • Small claims can cost you – Insurance companies in North Dakota award better rates to people who do not rely on their insurance for small claims. If you tend to file frequent claims, you can definitely plan on either policy cancellation or increased premiums. Insurance coverage is designed for larger claims.
  • Having a spouse can save you money – Being married can get you a discount on your policy. Marriage usually means you are more mature than a single person and it’s proven that drivers who are married are more cautious.
  • High credit ratings translate to low rates – Having a bad credit rating is a large factor in your rate calculation. Drivers who have high credit ratings tend to be better drivers and file fewer claims than those with lower credit scores. If your credit history can use some improvement, you could potentially save money when insuring your by improving your rating.
  • More performance means more cost – The type of vehicle you drive makes a substantial difference in the rate you pay. Lower performance four cylinder passenger cars usually have the lowest rates, but other factors influence the final cost greatly.

Do you qualify for discounts?

Properly insuring your vehicles can get expensive, but there are discounts available to reduce the price significantly. Certain discounts will be applied at the time of quoting, but a few need to be requested specifically before they will apply. If you aren’t receiving every discount you qualify for, you are paying more than you should be.Valley City insurance ad

  • Multi-policy Discount – When you combine your home and auto insurance with the same insurance company you may earn up to 20% off your total premium.
  • Low Mileage Discounts – Keeping the miles down can qualify you for better rates on cars that stay parked.
  • Service Members Pay Less – Having a deployed family member can result in better rates.
  • New Car Discount – Putting insurance coverage on a new car can save up to 30% due to better safety requirements for new cars.
  • Safe Drivers – Drivers who avoid accidents can get discounts for up to 45% lower rates than drivers with accidents.

Keep in mind that most discounts do not apply to the entire policy premium. A few only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So even though it sounds like you could get a free car insurance policy, it doesn’t quite work that way. Any qualifying discounts will bring down the cost of coverage.

Don’t assume everyone needs the same coverage

When buying proper insurance coverage, there isn’t really a “best” method to buy coverage. Everyone’s situation is a little different so your insurance needs to address that. Here are some questions about coverages that could help you determine if your insurance needs might need an agent’s assistance.

  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Am I covered when pulling a rental trailer?
  • Does my insurance cover a custom paint job?
  • When should I remove comp and collision on my vehicle?
  • Do I need rental car coverage?
  • Am I covered when delivering products for my home-based business?
  • What vehicles should carry emergency assistance coverage?
  • Who is covered when they drive my vehicle?
  • Do I need to file an SR-22 for a DUI in North Dakota?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of car insurance companies in your area. It is quick, free and you can get the answers you need.

Additional car insurance links

More information is located on the website for the North Dakota Insurance Department. Click here for link. Visitors are able to read state legal mandates and laws, file complaints about an insurance agent or broker, view agent and company licensing information, and file complaints about a company.

A tidy conclusion

When you buy insurance online, make sure you don’t reduce coverage to reduce premium. There have been many situations where an insured dropped liability limits or collision coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. Your focus should be to find the BEST coverage for the lowest price while still protecting your assets.

Valley City insurance ad

We just presented a lot of tips how to get a better price on car insurance. The most important thing to understand is the more providers you compare, the better your chances of lowering your rates. Consumers may even find the lowest premiums are with some of the lesser-known companies. Some small companies can often insure niche markets at a lower cost than the large multi-state companies such as Allstate or State Farm.

Discount car insurance can be purchased online as well as from independent agents in Valley City, and you need to comparison shop both to have the best selection. Some insurance companies don’t offer online quoting and most of the time these small insurance companies sell through independent agents.