Save Money on Olive Branch Mississippi Auto Insurance Rates in Five Minutes

Perplexed by the number of auto insurance options in Olive Branch? You have a lot of company. Drivers have so many options that it can turn into a lot of work to locate the lowest price.

It is always a good idea to shop coverage around yearly due to the fact that insurance rates are usually higher with each renewal. Despite the fact that you may have had the lowest rates a couple years back you can probably find a better price now. There is a lot of wrong information about auto insurance online but I’m going to show you some guaranteed methods to find cheap auto insurance.

The purpose of this post is to instruct you on how car insurance quotes work and some tips to save money. If you have car insurance now, you should be able to cut costs considerably using these tips. But Mississippi consumers need to learn the way companies market insurance on the web and apply this information to your search.

Good Decisions Result in Lower Rates

An important part of buying insurance is that you know some of the elements that help determine your auto insurance rates. Having a good understanding of what influences your rates empowers consumers to make smart changes that could result in lower auto insurance prices.

The following are some of the factors used by your company to calculate premiums.

Younger drivers pay higher rates – Young drivers in Mississippi tend to be less responsible behind the wheel so auto insurance rates are higher. If you’ve ever had to add a youthful driver onto a policy can break the bank. Older drivers tend to be more responsible, tend to file fewer claims and tend to be better behind the wheel.
Add-on coverages can add up – There are a ton of extra bells and whistles you can purchase on your auto insurance policy. Things like vanishing deductibles, better glass coverage and motor club memberships may be wasting your money. They may seem like a good idea when talking to your agent, but if you don’t need them remove them from your policy.
High deductibles save money – Deductibles for physical damage represent how much money you are willing to pay before your auto insurance pays a claim. Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your car. Some instances where coverage would apply are colliding with a building, collision with an animal, and windstorm damage. The more money you are required to pay out-of-pocket, the bigger discount you will receive.
Marriage pays dividends – Getting married can get you a discount on your policy. It usually means you are more mature it has been statistically shown that drivers who are married are more cautious.
Always keep insurance in force – Driving your car without having proper coverage is illegal and auto insurance companies will penalize you for letting your insurance lapse. Not only will rates go up, getting caught without coverage will get you a revoked license or a big fine.
Proper usage rating affects rates – Driving more miles each year the more you will pay for auto insurance. The majority of insurers apply a rate based upon how you use the vehicle. Autos not used for work or commuting qualify for better rates than vehicles that are driven to work every day. Ask your agent if your auto insurance coverage shows the proper vehicle usage.
Credit scores impact auto insurance rates – A driver’s credit score is a big factor in calculating your auto insurance rates. If your credit history is lower than you’d like, you could pay less to insure your by repairing your credit. Consumers who have good credit tend to be less risk to insure than drivers who have poor credit.
Higher safety ratings means cheaper insurance – Vehicles with high crash test scores get lower rates. These vehicles protect occupants better and lower injury rates means lower claim amounts and more competitive rates for policyholders.

Lots of discounts mean lots of savings

Insuring your vehicles can cost a lot, but companies offer discounts to help bring down the price. Some discounts apply automatically at the time of quoting, but some must be requested specifically before being credited.

One Accident Forgiven – A few companies will allow you to have one accident without raising rates if your claims history is clear for a set time period.
Discount for Life Insurance – Larger companies have lower rates if you buy life insurance from them.
Safe Driver Discount – Drivers who avoid accidents may receive a discount up to 45% less than drivers with accidents.
Save with a New Car – Putting insurance coverage on a new car can cost up to 25% less due to better safety requirements for new cars.
Own a Home – Owning a house in Olive Branch can save you money because owning a home shows financial diligence.
Use Seat Belts – Drivers who require all occupants to use their safety belts could cut 10% or more off the personal injury premium cost.
Safety Course Discount – Successfully completing a course teaching defensive driving skills could cut 5% off your bill if you qualify.

A little note about advertised discounts, most discounts do not apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as liability and collision coverage. Just because you may think it’s possible to get free car insurance, it just doesn’t work that way. But all discounts will reduce your premiums.

But I prefer to buy car insurance from an agent

Some people just want to buy from a local agent. One of the great benefits of price shopping on the web is you can get better rates but still work with a licensed agent. And providing support for local agencies is especially important in Olive Branch.

By using this short form, the coverage information is immediately sent to participating agents in Olive Branch who will battle for your coverage. There is no reason to even leave your home since price quotes are sent to the email address you provide. How cool is that?! Get lower rates and an insurance agent to talk to.

Choose an insurance agent wisely

If you’re trying to find a good Olive Branch insurance agent, there are two different types of agents to choose from. Agencies in Olive Branch are categorized either independent or captive.

Independent Agents (or Brokers)

Independent agencies are not locked into one company but instead can place your coverage with many different companies enabling the ability to shop coverage around. If you are not satisfied with one company, the business is moved internally without you having to go to a different agency.

When comparison shopping, we recommend you get quotes from at least one independent agent for maximum quote selection. Most have the option of insuring with different regional companies which may provide better rates.

The following are Olive Branch independent agencies who can help you get price quote information.

Milton Cushman Agency – 9356 Goodman Rd # 102 – Olive Branch, MS 38654 – (662) 895-4334
Presley Insurance and Investment – 9128 Pigeon Roost Rd – Olive Branch, MS 38654 – (662) 893-4858
Moayad Agency – 8880 Germantown Rd # 505 – Olive Branch, MS 38654 – (662) 890-9444
Alfa Insurance Corp – 7047 Commerce Dr # B – Olive Branch, MS 38654 – (662) 893-0928

Captive Insurance Agents

Captive agents can only place business with one company like Allstate, AAA, Liberty Mutual and State Farm. They generally cannot place coverage with different providers so always compare other rates. They are very knowledgeable on their products and sales techniques which helps them sell insurance even at higher premiums. Consumers frequently buy from captive agents partially due to high brand loyalty and strong financial ratings.

The following is a short list of captive insurance agents in Olive Branch willing to provide price quotes.

State Farm Insurance – 7307 Goodman Rd – Olive Branch, MS 38654 – (662) 895-7775
Farm Bureau Insurance – 6901 Cockrum St – Olive Branch, MS 38654 – (662) 893-5250
Shelter Insurance – 5940 Goodman Rd # A – Olive Branch, MS 38654 – (662) 893-6033

To view a full list of auto insurance agents in Olive Branch, please click here.

Selecting a car insurance agent requires more thought than just the price. Agents should be asked these questions:

If they are an independent agency, which companies do they recommend?
Do you have coverage for a rental car if your vehicle is in the repair shop?
Are there any hidden costs in their price quote and does it include driving and credit history?
Will your rates increase after a single accident?
Does the company allow you to choose your own collision repair facility?
Are they able to influence company decisions when a claim is filed?
Do they specialize in personal lines coverage?
Did they already check your driving record and credit reports?

Upon receiving good answers and an acceptable price quote, it’s possible that you found an insurance agent that is a good match to properly insure your vehicles.

Are you falling for claims of savings?

Companies like Progressive, GEICO, Allstate and State Farm continually stream television and radio advertisements. All the ads have a common claim of big savings after switching your coverage to them. How do they all make almost identical claims?

All companies can use profiling for the type of driver they prefer to insure. For instance, a desirable insured might be profiled as over the age of 40, has no tickets, and drives less than 7,500 miles a year. A propective insured who fits that profile receives the best rates and is almost guaranteed to save when they switch companies.

Consumers who fall outside the requirements must pay higher premiums which usually ends up with business going elsewhere. Company advertisements say “customers that switch” but not “drivers who get quotes” save that much money. That is how insurance companies can advertise the way they do.

This illustrates why drivers should quote coverage with many companies. It is impossible to predict which auto insurance company will give you the biggest savings.

Additional information is available on the Mississippi Insurance Department website found here. Visitors are able to find out which companies have the most complaints, get help finding coverage, find a variety of consumer forms, and report car insurance fraud.

Other useful links include this resource for Mississippi auto insurance prices and CarInsuranceDIY.com.

Better coverage you can count on

Consumers leave their current company for many reasons like not issuing a premium refund, policy non-renewal, being labeled a high risk driver and even delays in paying claims. Whatever your reason, choosing a new company can be pretty painless.

Low-cost auto insurance is definitely available on the web in addition to many Olive Branch insurance agents, so compare prices from both to get a complete price analysis. Some insurance companies do not provide online quoting and many times these small, regional companies only sell through independent insurance agents.

We covered some good ideas how to reduce auto insurance prices online. It’s most important to understand that the more price quotes you have, the better your comparison will be. You may even find the lowest premiums are with an unexpected company.