Proven Techniques for Buying Cheaper Fayetteville, AR Auto Insurance

Overpriced auto insurance can drain your personal savings and put the squeeze on your family’s finances. Shopping your coverage around is free and is an excellent way to slash your bill and have more diposable income.

Insurance companies such as GEICO and Progressive promote their brand names with ad campaigns and it can be hard to ignore the flashy ads and do the work needed to find the best deal.

You should take the time to price shop coverage every six months since insurance rates are adjusted regularly by insurance companies. Despite the fact that you may have had the best rates last year there is a good chance you can find better rates now. Forget anything you know (or think you know) about auto insurance because you’re about to find out how to use the internet to lower your rates without sacrificing coverage.

Fayetteville Auto Insurance Quote Comparison

Performing a rate comparison can take hours if you aren’t aware of the best way to get rate quotes. You can spend countless hours driving to insurance companies in Fayetteville, or you could use the web to get rates in a matter of minutes.

Most major companies participate in a marketplace where prospective buyers submit one quote, and every company can give them a price based on the submitted data. This saves time by eliminating repetitive form submissions for each company you want a rate for.

To submit your quote information now, click here (opens in new window).

The one downside to pricing coverage this way is buyers cannot specifically choose the companies you will receive quotes from. So if you want to select specific providers to request quotes from, we put together a list of companies who write auto insurance in Arkansas. View list of Arkansas insurance companies.<img class="alignright" style="padding-top:15px;" src="" alt="Fayetteville car insurance prices“/>

It’s up to you how you get prices quotes, just make darn sure you compare identical coverage limits and deductibles for each comparison quote. If you compare different limits and deductibles on each one you will not be able to determine which rate is truly the best in Fayetteville. Just a small difference in coverages can result in a big premium difference. It’s important to know that comparing more company’s prices provides better odds of finding lower pricing.

You probably qualify for some discounts

Car insurance companies don’t always advertise every available discount in a way that’s easy to find, so here is a list both the well known and the more hidden savings tricks you should be using.

  • Passive Restraint Discount – Cars that have air bags or automatic seat belts can get savings of more than 20%.
  • Paperwork-free – A handful of insurance companies will give a small break for buying your policy over the internet.
  • Clubs and Organizations – Affiliation with a qualifying organization is a good way to get lower rates on your policy.
  • No Claims – Claim-free drivers pay much less when compared to frequent claim filers.
  • Good Student Discount – A discount for being a good student can earn a discount of 20% or more. The good student discount can last up to age 25.
  • Homeowners Discount – Owning a house in Fayetteville may earn you a small savings because owning a home requires personal responsibility.
  • Fewer Miles Equal More Savings – Fewer annual miles could be rewarded with discounted rates on garaged vehicles.

It’s important to understand that most of the big mark downs will not be given to your bottom line cost. The majority will only reduce the price of certain insurance coverages like collision or personal injury protection. So even though they make it sound like having all the discounts means you get insurance for free, companies don’t profit that way.

To see a list of companies with the best auto insurance discounts in Arkansas, click here.

There’s no such thing as the perfect policy

When it comes to choosing the best auto insurance coverage, there is no best way to insure your cars. Each situation is unique so your insurance needs to address that. Here are some questions about coverages that might point out if you might need professional guidance.

  • Do no-fault laws apply in Arkansas?
  • If my vehicle is totaled, can I afford another vehicle?
  • Should I file a claim if it’s only slightly more than my deductible?
  • When would I need rental car insurance?
  • Will my rates increase for filing one claim?
  • Do I really need UM/UIM coverage?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Are all vehicle passengers covered by medical payments coverage?
  • Should I sign the liability waiver when renting a car?

If you don’t know the answers to these questions then you might want to talk to an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies.

Lower the Price of Insurance with These Tips

Smart consumers have a good feel for some of the elements that help determine the rates you pay for auto insurance. Knowing what impacts premium levels empowers consumers to make smart changes that could result in lower auto insurance prices.

Fayetteville car insurance prices

  • No coverage gaps is important – Letting your insurance expire is a sure-fire way to increase your auto insurance rates. And not only will your rates increase, failure to provide proof of insurance can result in a license revocation or jail time.
  • More people means more accidents – Choosing to live in a rural area can save you money when buying auto insurance. Fewer people means fewer accidents as well as less vandalism and auto theft. Drivers in populated Arkansas areas tend to have traffic congestion and much longer commute distances. Longer commute distances can result in more accidents.
  • Higher safety ratings means cheaper insurance – Cars with high safety ratings get lower rates. These vehicles reduce injuries and better occupant protection means less money paid by your insurance company and thus lower rates.
  • High numbers of claims are not good – If you frequently file small claims, you can look forward to either higher rates or even cancellation. Car insurance companies in Arkansas award discounts to policyholders who do not rely on their insurance for small claims. Car insurance is intended for larger claims.
  • Your spouse saves you money – Getting married can get you a discount on auto insurance. Having a spouse usually means you are more mature and responsible and it’s proven that married couples file fewer claims.
  • Type of vehicle determines base rates – The performance of the car you drive makes a substantial difference in the rate you pay. Small economy passenger vehicles generally have the cheapest insurance rates, but other factors influence the final cost greatly.
  • Bundling policies can get discounts – Most insurance companies will give a discount to customers who have multiple policies with them. It’s known as a multi-policy discount. This can amount to 10 percent or more. Even if you’re getting this discount it’s in your best interest to compare rates to ensure the best deal.

Shop smart and save

Affordable auto insurance can be sourced from both online companies and with local Fayetteville insurance agents, so you should compare both in order to have the best chance of saving money. There are still a few companies who do not offer the ability to get a quote online and these small, regional companies work with independent agents.

As you shop your coverage around, don’t be tempted to sacrifice coverage to reduce premiums. In too many instances, consumers will sacrifice collision coverage to discover at claim time that it was a big mistake. The proper strategy is to purchase plenty of coverage at a price you can afford while still protecting your assets.

We just showed you some good ideas how you can get a better price on auto insurance. The most important thing to understand is the more providers you compare, the more likely it is that you will get a better rate. Consumers could even find that the lowest premiums are with an unexpected company. These companies may often insure only within specific states and give getter rates as compared to the big name companies such as Allstate, GEICO and Progressive.

More sites with auto insurance information

Additional detailed information can be found at the Arkansas Insurance Department website. Arkansas consumers can view agent and company licensing information, find disaster information, find out industry alerts, and view a list of available companies.