Did you fall for a flashy sales pitch and buy an overpriced auto insurance policy? Trust us when we tell you many consumers are feeling buyer’s remorse and feel like there’s no way out.
Companies like State Farm, Allstate, GEICO and Progressive all promote huge savings with ad campaigns and consumers find it hard to not get sucked in by the cute commercials and do the work needed to find the best deal.
To find the best auto insurance prices, there are several ways to compare quotes from local in Great Falls, MTauto insurance companies. The best way to find the cheapest insurance rates consists of obtaining rate quotes online. This is very easy and can be done in several different ways.
To view a list of companies in Great Falls, click here.
It’s up to you which method you use, but make absolute certain that you use identical coverages for every company. If you use different liability limits it’s impossible to make an equal comparison in Great Falls. Having just a slight variation in limits may result in a large different in cost. Just keep in mind that quoting more will enable you to find better pricing.
Companies like State Farm and Allstate regularly use ads on television and other media. All the ads make an identical promise of big savings if you move your policy. But how can every company say the same thing?
Different companies have a certain “appetite” for the type of customer that makes them money. For instance, a profitable customer could possibly be a mature driver, owns a home, and has a short commute. Any driver that hits that “sweet spot” will get very good rates and most likely will pay quite a bit less when switching companies.<img class="alignright" style="padding-top:15px" src="https://www.findnewcarinsurance.com/wp-content/uploads/ci175-58.jpg" alt="lower rates in Great Falls MT” />
Drivers who don’t measure up to the “perfect” profile must pay higher prices which usually ends up with the driver buying from a lower-cost company. The ad wording is “drivers who switch” not “everyone that quotes” save that much money. That’s the way insurance companies can confidently state the savings. This illustrates why you should compare as many rates as you can. Because you never know which auto insurance company will provide you with the cheapest rates.
It’s important that you understand some of the elements that come into play when calculating the price you pay for auto insurance. Understanding what determines base rates empowers consumers to make smart changes that could result in big savings.
Auto insurance companies don’t necessarily list every discount in an easy-to-find place, so here is a list both the well known and the harder-to-find savings tricks you should be using.
Consumers should know that some of the credits will not apply to the overall cost of the policy. Some only apply to the cost of specific coverages such as comp or med pay. So even though it sounds like adding up those discounts means a free policy, you’re out of luck.
When buying insurance coverage, do not buy poor coverage just to save money. There are many occasions where an insured cut uninsured motorist or liability limits and discovered at claim time that the few dollars in savings costed them thousands. Your goal should be to buy a smart amount of coverage at a price you can afford.
Budget-conscious auto insurance is available online as well as from independent agents in Great Falls, so you should be comparing quotes from both in order to have the best chance of saving money. Some insurance companies don’t offer the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.
Additional detailed information can be found at the Montana Commissioner of Securities and Insurance website. Montana consumers can read enforcement actions against agents and companies, view a list of available companies, and discover disciplinary actions.