Shelburne, VT Car Insurance Savings the Insurance Agents Don’t Want You to Know About

Nobody enjoys paying for car insurance, especially knowing their premiums are too high.

Drivers have multiple insurance companies to insure vehicles with, and although it’s nice to be able to choose, so many choices can make it hard to adequately compare rates.

It is always a good idea to shop coverage around yearly since insurance rates are constantly changing. Just because you found the lowest price on your last policy there is a good chance you can find better rates now. There is too much inaccurate information about car insurance online but by reading this article, you’re going to learn some tested techniques to stop overpaying for insurance.

How to Compare Shelburne Car Insurance Costs

Most major insurance companies such as 21st Century, Allstate and State Farm provide coverage prices online. Getting quotes is pretty painless as you just enter the amount of coverage you want as detailed in the form. When complete, the company’s rating system collects your driving and credit reports and quotes a price based on many factors. This helps simplify price comparisons, but having to visit multiple sites and enter the same data into a form gets old quite quickly. Unfortunately, it is important to perform this step if you want to find lower prices.

There is an easier way!

The preferred way to lower your rates is to use a quote form that gets prices from several companies at one time. It’s a real time-saver, reduces the work, and makes quoting online much more enjoyable. Once the form is submitted, your coverage is rated and you can choose any one of the quotes returned. If the quotes result in lower rates, it’s easy to complete the application and buy the new coverage. It can be completed in a matter of minutes and could lower your rates considerably.

To save time and compare pricing, click here to open in a new tab and complete the simple form. If you have a policy now, it’s recommended you type in the coverages just like they are on your policy. This makes sure you will get rate comparison quotes for the exact same coverage.

Ads can be misleading

Companies like 21st Century, Allstate and State Farm consistently run ads in print and on television. All the ads make an identical promise about savings if you change your coverage to them. How does each company make almost identical claims? This is how they do it.

All the different companies can use profiling for the type of driver they prefer to insure. For instance, a desirable insured could be between the ages of 30 and 50, is a homeowner, and has great credit. A driver that hits that “sweet spot” will get the preferred rates and most likely will save quite a bit of money when switching.

Drivers who fall outside these standards will have to pay higher rates and ends up with business going elsewhere. The ads say “drivers who switch” not “everybody who quotes” save that kind of money. That’s the way insurance companies can confidently claim big savings. Because of the profiling, drivers must get quotes from several different companies. You cannot predict the company that will provide you with the cheapest rates.

Many Things Influence your Rates

Smart consumers have a good feel for the different types of things that go into determining your car insurance rates. Knowing what determines base rates helps enable you to make changes that may reward you with better car insurance rates.

  • No coverage gaps is important – Not having insurance can get your license suspended and as a result your rates will increase for letting your insurance lapse. Not only will rates go up, but being ticketed for driving with no insurance might get you a hefty fine and possibly a revoked license.Then you may be required to prove you have insurance by filing a SR-22 with the Vermont DMV.
  • Your car insurance rates can be influenced by your job – Occupations like judges, architects and stock brokers have the highest rates because of high stress and long work hours. On the other hand, occupations such as farmers, students and the unemployed get better rates.
  • Rate your vehicle for proper use – The higher the mileage driven in a year the higher your rates will be. The majority of insurers price each vehicle’s coverage based on how the vehicle is used. Cars that are left in the garage qualify for better rates compared to those used for work or business. Verify your car insurance declarations sheet is rated on the correct usage for each vehicle.
  • Poor credit can mean higher rates – Your credit rating is a huge factor in calculating your car insurance rates. Drivers with excellent credit tend to file fewer claims and have better driving records than drivers who have lower credit ratings. If your credit score can use some improvement, you could save money insuring your by improving your credit score.

How much can you save with discounts?

Companies that sell car insurance don’t always publicize every discount very well, so we researched both well-publicized and the harder-to-find savings tricks you should be using.<img class="alignright" style="padding-top:15px;" src="" alt="Vermont car insurance“/>

  • Low Mileage Discounts – Keeping the miles down can earn discounted rates on garaged vehicles.
  • Driver’s Ed – Cut your cost by having your teen driver take driver’s ed class if offered at their school.
  • Safe Drivers – Insureds without accidents can pay as much as 50% less than drivers with accidents.
  • Good Students Pay Less – A discount for being a good student can save 20 to 25%. This discount can apply up to age 25.
  • Club Memberships – Participating in a civic or occupational organization is a good way to get lower rates when shopping for car insurance.
  • Passive Restraints and Air Bags – Vehicles with factory air bags and/or automatic seat belt systems can qualify for discounts of up to 25% or more.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles can reduce accidents and qualify for as much as a 10% discount.

As a disclaimer on discounts, most discounts do not apply to your bottom line cost. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. So when it seems like you would end up receiving a 100% discount, companies don’t profit that way.

To see a list of insurance companies who offer car insurance discounts in Shelburne, follow this link.

You may need specialized coverage

When it comes to buying coverage for your vehicles, there really is no one size fits all plan. Everyone’s needs are different and your policy should reflect that. These are some specific questions might help in determining whether your personal situation will benefit from professional help.

  • Do I benefit by insuring my home with the same company?
  • Does liability extend to a camper or trailer?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Is my vehicle covered for smoke damage?
  • Am I covered if I drive in a foreign country?
  • What are Vermont no-fault laws?
  • Is my nanny covered when driving my vehicle?
  • Can I rate high risk drivers on liability-only vehicles?
  • Why is insurance for a teen driver so high in Shelburne?

If you’re not sure about those questions, you may need to chat with an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of car insurance companies in your area.

Quote online but still have a local agent

A small number of people just want to visit with an insurance agent and that is OK! The biggest benefit of comparing rates online is the fact that you can find the lowest rates but also keep your business local.

By using this short form, the coverage information is sent to insurance agents in Shelburne who will compete to get your business. You never need to leave your computer due to the fact that quote results will go directly to your email. Now that’s easy! It’s the lowest rates AND an agent nearby.

Choosing an insurer needs to be determined by more than just the bottom line cost. Any agent should have no problem answering these questions:

  • Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
  • If they are an independent agency, which companies do they recommend?
  • Are there any discounts that you might be missing?
  • How many years of experience in personal lines insurance coverages do they have?
  • Which company do they place the most coverage with?
  • Do they review policy coverages at every renewal?

Choose the right car insurance agent

When looking for a reputable insurance agent or broker, there are two types of agencies from which to choose. Shelburne agents are categorized either captive or independent (non-captive).

Captive Insurance Agents

This type of agents have only one company to place business with and some examples include Allstate, Farmers Insurance, State Farm and AAA. They usually cannot place coverage with different providers so always compare other rates. Captive agents are very knowledgeable on the products they sell which helps them sell insurance even at higher premiums.

Independent Agencies or Brokers

These agents are not locked into one company but rather can write business with multiple insurance companies depending on which coverage is best. If your agent finds better pricing, they simply move the coverage in-house and you don’t have to find a new agent. When searching for an agent, it’s a good idea to get quotes from several independent insurance agents for the best price selection.

Listed below is a short list of independent agents in Shelburne willing to provide comparison quotes.

save money in Vermont

Fortier Insurance and Investment – 88 Oakhill Rd – Shelburne, VT 05482 – (802) 985-2022
Titus Insurance – 4281 Shelburne Rd – Shelburne, VT 05482 – (802) 985-2453

To view a full list of licensed insurance agents in Shelburne, click here to link.

Upon receiving positive feedback to these questions and a good coverage price, most likely you have located a car insurance agent that meets your needs to service your policy.

Best coverage at the best price

We just showed you some good ideas how to get a better price on car insurance. It’s most important to understand that the more price quotes you have, the better your comparison will be. You may be surprised to find that the best price on car insurance is with a small local company. These smaller insurers may often insure only within specific states and give getter rates than the large multi-state companies such as GEICO and State Farm.

When shopping online for car insurance, it’s very important that you do not buy poor coverage just to save money. In many cases, an insured dropped liability coverage limits only to discover later that the few dollars in savings costed them thousands. Your aim should be to get the best coverage possible at an affordable rate while not skimping on critical coverages.

Cost effective car insurance is attainable online and with local Shelburne insurance agents, so compare prices from both to have the best chance of lowering rates. There are still a few companies who do not offer online price quotes and most of the time these smaller companies sell through independent agents.

More detailed Vermont car insurance information can be read at the Vermont Department of Financial Regulation website. Consumers can find out industry alerts, find a variety of consumer forms, and learn about insurance regulations.