No one in their right mind cherishes buying auto insurance, particularly when their premiums are too high. Multiple auto insurance companies compete for your business, and it can be difficult to compare rates and get the definite cheapest price
If you have a policy now or are looking for a new policy, you can follow these tips to shop for the lowest rates and possibly find even better coverage. Finding the best rates is not rocket science. Vehicle owners just need to understand the most effective way to shop their coverage around online.
Companies offering auto insurance do not advertise all their discounts in a way that’s easy to find, so here is a list both well-publicized as well as the least known discounts you could be receiving. If you aren’t receiving every discount you qualify for, you are paying more than you should be.
Drivers should understand that most discount credits are not given to the overall cost of the policy. Most only cut the cost of specific coverages such as comprehensive or collision. So despite the fact that it appears all the discounts add up to a free policy, auto insurance companies aren’t that generous.
Smart consumers have a good feel for the factors that play a part in calculating the price you pay for auto insurance. Understanding what controls the rates you pay allows you to make educated decisions that could result in much lower annual insurance costs.
When buying coverage, there really is no one size fits all plan. Every situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that might help in determining if you could use an agent’s help.
If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies. It’s fast, free and you can get the answers you need.
A small number of people prefer to buy from a local agent and that is a personal choice. Licensed agents can answer important questions and give you peace of mind. One of the great benefits of comparing rates online is you may find the best rates and still choose a local agent.
To find an agent, once you fill out this quick form, the quote information is sent to companies who will return price quotes for your insurance coverage. You won’t need to even leave your home due to the fact that quote results will go immediately to your email address. How cool is that?!
Picking a company should depend on more than just a low price. Here are some questions to ask:
When finding a good insurance agent, there are a couple of different agency structures that differ in how they can insure your vehicles. Agencies are either independent (non-captive) or captive. Both insure your vehicles, but it’s important to know the difference between them because it can influence your selection of an agent.
This type of agents work for only one company such as Allstate, Farmers Insurance, State Farm and AAA. They usually cannot provide prices from multiple companies so it’s a take it or leave it situation. Captive agencies are very knowledgeable on their products and sales techniques which helps them compete with independent agents.
Independent agencies are not employed by any specific company so they have the ability to put coverage with many different companies and potentially find a lower price. To move your coverage to a new company, the agent simply finds a different carrier and that require little work on your part.
When comparing rates, you should always get quotes from several independent insurance agents for maximum quote selection.
For a complete listing of agents, click here.
Upon receiving positive responses to any questions you have and an affordable coverage quote, chances are good that you have found an auto insurance agent that can properly service your auto insurance policy.
Consumers get pounded daily by advertisements for car insurance savings by companies like 21st Century, Allstate and State Farm. They all seem to make the same claim that you’ll save big if you change to them.
But how can every company claim to save you money?
Insurance companies can use profiling for the type of customer they prefer to insure. For example, a profitable customer might be over the age of 40, is a homeowner, and drives newer vehicles. Any new insured that hits that “sweet spot” will get very good rates and as a result will probably pay quite a bit less when switching companies.
Consumers who fall outside the “perfect” profile must pay higher prices and this can result in the driver buying from a lower-cost company. The ads state “people who switch” not “everybody who quotes” save money. That is how companies can state the savings. This illustrates why you absolutely need to get as many quotes as possible. It is impossible to predict which company will fit your personal profile best.
When trying to cut insurance costs, it’s very important that you do not buy lower coverage limits just to save a few bucks. There are a lot of situations where an insured dropped full coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. The proper strategy is to purchase a proper amount of coverage for the lowest price while still protecting your assets.
We just showed you a lot of ways to shop for Jeep Compass insurance online. The key concept to understand is the more providers you compare, the better chance you’ll have of finding lower rates. Drivers may discover the best prices are with the smaller companies. Regional companies may only write in your state and offer lower rates than their larger competitors like GEICO and State Farm.