Are you tired of trying to scrape together enough money to insure your vehicles every month? You are no different than many other Rhode Island consumers. Because you have many different company options, it can be hard to choose the best insurer.
You should make it a habit to compare rates before your policy renews since rates are rarely the same from one policy term to another. Even if you think you had the best price six months ago you can probably find a lower rate today. Forget anything you know (or think you know) about auto insurance because you’re about to learn the things you must know in order to find great coverage at a great price.
Getting better auto insurance pricing doesn’t have to be difficult. You just have to invest a few minutes to compare rate quotes online from several insurance companies. It is quite easy and can be accomplished in several different ways.
The recommended way consumers can make multiple comparisons would be an industry-wide quote request form like this one (opens in new window). This form saves time by eliminating separate quotation requests to each individual auto insurance company. One form submission will return price quotes from many national carriers.
A more difficult way to compare prices consists of going to the website for every company you want to comare and complete a new quote form. For example, let’s assume you want comparison quotes from Auto-Owners, Allstate and Liberty Mutual. To find out each rate you need to go to every website and enter your policy data, which is why the first method is quicker. For a list of links to companies insuring cars in Exeter, click here.
The least efficient method of comparing rate quotes is to waste gas driving to and from local Exeter insurance agencies. Shopping for auto insurance online can eliminate the need for a local agent unless you have a need for the trained guidance of a licensed agent. It is possible to price shop online but buy from a local insurance agent and we’ll talk about that later.
It doesn’t matter which method you choose, just ensure you’re using identical coverages and limits on every quote. If each company quotes higher or lower deductibles you can’t possibly determine which rate is truly the best in Exeter.
Insuring your vehicles can cost a lot, but you can get discounts to cut the cost considerably. Most are applied at the time of purchase, but lesser-known reductions have to be specially asked for before being credited. If they aren’t giving you every credit possible, you’re paying more than you need to.
A little note about advertised discounts, some of the credits will not apply the the whole policy. Most only apply to specific coverage prices like comp or med pay. Even though it may seem like you can get free auto insurance, it doesn’t quite work that way. Any qualifying discounts will reduce the amount you have to pay.
To choose providers who offer auto insurance discounts in Exeter, click here.
Certain consumers would prefer to sit down with an agent and that is just fine! Professional agents are trained to spot inefficiencies and help you file claims. One of the great benefits of comparing insurance prices online is you can get the lowest rates and still choose a local agent. Supporting small agencies is important especially in Exeter.
For easy comparison, once you complete this form (opens in new window), your insurance data is sent to insurance agents in Exeter who will battle to get your business. You never need to leave your computer because quoted prices will be sent to the email address you provide. How’s that for easy!
When finding an insurance agent, you need to know there are two types of agencies that differ in how they can insure your vehicles. Agencies in Exeter are categorized either captive or independent. Either one can write coverage properly, but it’s worth mentioning the difference between them since it may influence buying decisions.
Independent agents are not required to write business for one company but instead can place your coverage with many different companies enabling the ability to shop coverage around. To move your coverage to a new company, they simply move the coverage in-house and you won’t have to switch agencies. When shopping rates, you should always include at least one independent agent for the best price selection.
Captive insurance agents have only one company to place business with such as Liberty Mutual, Allstate, Farmers Insurance or State Farm. Captives cannot place coverage with different providers so it’s a take it or leave it situation. Captives are trained well on their products and sales techniques which helps them compete with independent agents.
Choosing an insurance agency requires more thought than just the bottom line cost. Agents should be asked these questions:
After receiving positive responses to any questions you have as well as a affordable price, it’s possible that you found an insurance agent that can properly service your auto insurance policy.
When choosing the best auto insurance coverage, there isn’t really a cookie cutter policy. Everyone’s situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that may help you determine whether you would benefit from an agent’s advice.
If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an agent. If you want to speak to an agent in your area, complete this form or click here for a list of auto insurance companies in your area. It is quick, free and you can get the answers you need.
An important part of buying insurance is that you know the rating factors that play a part in calculating the price you pay for auto insurance. Knowing what determines base rates enables informed choices that may reward you with big savings.
As you prepare to switch companies, you should never sacrifice coverage to reduce premiums. Too many times, someone sacrificed physical damage coverage and learned later they didn’t purchase enough coverage. Your aim should be to buy enough coverage at a price you can afford.
We’ve covered a lot of ways to shop for auto insurance online. It’s most important to understand that the more companies you get rates for, the higher the chance of saving money. You may even find the lowest premiums are with the smaller companies. Smaller companies may only write in your state and offer lower rates as compared to the big name companies such as Allstate, GEICO and Progressive.
Much more information about auto insurance in Rhode Island is located on the website for the Rhode Island Division of Insurance Regulation found here. Visitors are able to find a variety of consumer forms, download brochures, learn about specific coverages, and find out industry alerts.
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