Tightwads Guide to Saving on Torrington Auto Insurance

Nobody likes having to buy auto insurance, especially when they are paying too much. Because there are so many auto insurance companies to choose from, it is hard for the average consumer to pick the cheapest car insurance company.

Lower your Torrington Auto Insurance Rates

It’s important that you understand some of the elements that help determine the rates you pay for auto insurance. Knowing what controls the rates you pay enables informed choices that will entitle you to big savings.

The following are a few of the “ingredients” auto insurance companies consider when setting prices.

  • Rate your vehicle for proper use – The more miles you rack up on your car in a year the more you’ll pay to insure your vehicle. Most companies charge to insure your cars based on how the vehicle is used. Cars and trucks used primarily for pleasure use receive lower rates than those used for commuting. Double check that your auto insurance policy properly reflects how each vehicle is driven, because improper ratings can cost you money.
  • Credit scores impact auto insurance rates – Credit history is a important factor in determining your rates. If your credit is not that good, you could pay less to insure your by improving your rating. Drivers who have high credit scores tend to be better drivers and file fewer claims than drivers with lower credit scores.
  • Multiple policies with one company can save – The majority of auto insurance companies give discounts to policyholders who carry more than one policy in the form of a multi-policy discount. Even if you’re getting this discount you may still want to compare other company rates to verify if the discount is saving money. Consumers may find better rates by insuring with multiple companies.
  • Drive a safer car and pay less – Vehicles with high crash test scores tend to have better insurance rates. These vehicles protect occupants better and better occupant protection translates into fewer and smaller insurance claims and thus lower rates.
  • Males pay more for insurance – Statistics demonstrate that women are safer drivers than men. However, this does not mean women are better drivers. Women and men are in accidents in similar percentages, but the men have costlier accidents. Men also statistically receive more costly citations such as reckless driving. Teenage male drivers are the most expensive to insure and therefore are the most expensive to insure.
  • Your car’s features help determine rates – Choosing a vehicle that has an advanced theft prevention system can help lower your rates. Anti-theft features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart car theft.
  • Rural vs Urban Areas – Being located in a rural area can be a good thing when buying auto insurance. Urban drivers have to deal with much more traffic and longer commute times. Fewer people means reduced accidents as well as less vandalism and auto theft.

Cut your premium with discounts

Companies offering auto insurance don’t necessarily list all their discounts in an easy-to-find place, so the following is a list of some of the more common as well as the least known savings tricks you should be using. If they aren’t giving you every credit you qualify for, you are paying more than you should be.

  • Military Discounts – Being deployed with a military unit could mean lower rates.
  • No Charge for an Accident – Some insurance companies permit an accident before raising your premiums if you are claim-free for a certain period of time.
  • Sign Online – A few companies will give a small break just for signing your application digitally online.
  • Student in College – Youth drivers living away from home attending college and do not have a car can receive lower rates.
  • Pay Upfront and Save – If you pay your bill all at once instead of monthly or quarterly installments you may reduce your total bill.
  • Save over 55 – Mature drivers can possibly qualify for a small decrease in premiums.
  • Multiple Vehicles – Having multiple vehicles on the same auto insurance policy could earn a price break for each car.
  • Employee of Federal Government – Employees or retirees of the government can earn a discount up to 10% with certain companies.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and qualify for as much as a 10% discount.
  • Discount for New Cars – Putting insurance coverage on a new car can be considerably cheaper due to better safety requirements for new cars.

Drivers should understand that most of the big mark downs will not be given to the entire policy premium. Most cut the cost of specific coverages such as comp or med pay. So even though they make it sound like all the discounts add up to a free policy, it just doesn’t work that way.

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

Are insurance agents a thing of the past?

Some people would rather get advice from a local agent and that is just fine! Insurance agents can answer important questions and help you file claims. One of the best bonuses of comparing rates online is the fact that you can find lower rates and still choose a local agent.

To find an agent, once you fill out this quick form, your insurance coverage information is transmitted to companies in Torrington who will return price quotes for your coverage. You don’t have to visit any agencies as quotes are delivered to the email address you provide. It doesn’t get any easier!Torrington WY car insurance

Selecting an provider needs to be determined by more than just a low price. Agents should be asked these questions:

  • Do they review policy coverages at every renewal?
  • Does the agency support the community they serve?
  • Do they receive special compensation for putting your coverage with one company over another?
  • Do clients work directly with the agent or are most inquiries handled by a CSR?
  • How long have they worked with personal auto insurance coverage?
  • Are claim adjusters local or do you have to take your car somewhere else?
  • Can glass repairs be made at your home?

Best car insurance agent in Torrington

When researching local Torrington agents, there are two types of insurance agents that you can select. Agents can either be captive or independent (non-captive). Either one can write coverage properly, but it’s good to learn how they differ because it can impact your agent selection.

Captive Agents

Captive insurance agents can only place business with one company such as Allstate, State Farm and Farmers Insurance. They generally cannot shop your coverage around so they have no alternatives for high prices. These agents are usually quite knowledgeable in insurance sales which helps them compete with independent agents.

The following are captive agencies in Torrington that are able to give price quote information.

Farmers Insurance Group – 100 E 27th Ave – Torrington, WY 82240 – (307) 532-7161
Farm Bureau Insurance – 217 E 21st Ave – Torrington, WY 82240 – (307) 532-3197

Independent Agents

Independent insurance agents are not employed by any specific company so they can insure your vehicles with many different companies enabling the ability to shop coverage around. To transfer your coverage to a different company, an independent agent can move your coverage without you having to go to a different agency.

When shopping rates, it’s a good idea to get quotes from multiple independent agents to have the most options to choose from.

The following is a short list of independent insurance agencies in Torrington willing to provide rate quotes.

WGN Agency – 110 E 21st Ave – Torrington, WY 82240 – (307) 532-4104
Farm Bureau Insurance – 217 E 21st Ave – Torrington, WY 82240 – (307) 532-3197
Burns Insurance Inc – 4550 Us Highway 26/85 – Torrington, WY 82240 – (307) 532-8981

To view a complete directory of Torrington insurance agents, please click here.

After getting satisfactory answers and locked in a price quote, chances are good that you have found an auto insurance agent that meets your needs to adequately provide auto insurance.

Read more about Wyoming auto insurance

Even more information can be read at the Wyoming Insurance Department website. Wyoming drivers can file complaints about an insurance agent or broker, read industry bulletins, and read consumer alerts.

Also read more on this link for Wyoming coverage information and this list of insurance agents in Torrington, WY.

More quotes mean more savings

When buying insurance coverage, it’s very important that you do not reduce needed coverages to save money. Too many times, an insured dropped physical damage coverage only to discover later that it was a big mistake. The aim is to buy the best coverage you can find for the lowest price while not skimping on critical coverages.

We’ve covered some good ideas how to shop for auto insurance online. The key concept to understand is the more quotes you get, the higher the chance of saving money. Consumers could even find that the best price on auto insurance is with a smaller regional carrier. Regional companies may only write in your state and offer lower rates than the large multi-state companies such as Progressive or GEICO.