Comparing Cheap Anna Car Insurance
Are you sick and tired of scraping the payment together each month for car insurance? Your situation is no different than many other Ohio consumers.
You have so many to buy insurance from, and though it is a good thing to have multiple companies, lots of choices makes it harder to compare rates.
It's important to shop coverage around before your policy renews because rates are constantly changing. If you had the best price a couple years back a different company probably has better rates today. Forget all the misinformation about car insurance because we're going to demonstrate one of the easiest ways to find the best coverage while lowering your premiums.
Are you getting all your discounts?
Companies don't necessarily list all their discounts very clearly, so we took the time to find some of the more common and the harder-to-find ways to save on car insurance.
- Homeowners Pay Less - Owning a house in Anna may earn you a small savings because of the fact that having a home is proof that your finances are in order.
- Claim Free - Claim-free drivers can save substantially as compared to drivers who are more careless.
- Pay Upfront and Save - If paying your policy premium upfront instead of monthly or quarterly installments you could save up to 5%.
- New Car Discount - Buying coverage on a new vehicle is cheaper compared to insuring an older model.
- Passive Restraints and Air Bags - Factory air bags may earn rate discounts of 20% or more.
- Drive Less and Save - Keeping the miles down can earn better rates on cars that stay parked.
A little note about advertised discounts, many deductions do not apply to the entire cost. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. Just because you may think you would end up receiving a 100% discount, you won't be that lucky.
Tips to Get Lower Anna Rates
Smart consumers have a good feel for the rating factors that come into play when calculating your car insurance rates. Knowing what impacts premium levels empowers consumers to make smart changes that may reward you with better car insurance rates.
The list below includes a few of the "ingredients" used by your company to calculate rates.
- Bump up deductibles to save - Coverage for physical damage, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. A few examples of covered claims are running into the backend of another car, collision with an animal, and rolling your vehicle. Physical damage deductibles are how much you are required to spend out-of-pocket if you file a covered claim. The higher the amount you have to pay, the less your company will charge you for insurance.
- Rates may be lower depending on your job - Jobs such as lawyers, executives and financial analysts have higher average rates in part from high stress levels and long work hours. Conversely, occupations such as farmers, engineers and the unemployed get better rates.
- Special features that cut premiums - Driving a car with anti-theft technology or alarm system can get you a discount on your car insurance. Anti-theft devices like LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system all hinder your vehicle from being stolen.
- Older drivers pay less - Young drivers in Ohio tend to be more careless in a vehicle so they pay higher car insurance rates. Mature drivers are viewed as being more responsible, tend to cause fewer accidents and get fewer tickets.
- How's your driving record? - Your driving citation history has a lot to do with how much you pay for insurance. Drivers who don't get tickets tend to pay less for car insurance than people who have multiple driving citations. Only having one moving violation can bump up the cost by twenty percent. Drivers who have severe citations like DUI or reckless driving may need to submit a SR-22 form with their state motor vehicle department in order to drive a vehicle legally.
- Safer cars cost less to insure - Safer cars tend to have better insurance rates. These vehicles protect occupants better and fewer injuries translates into fewer and smaller insurance claims and thus lower rates.
- Liability coverage is cheap - The liability section of your policy will protect you if ever you are found to be at fault for personal injury or accident damage. Liability provides for a legal defense up to the limits shown on your policy. This coverage is very inexpensive compared to insuring for physical damage coverage, so drivers should carry high limits.
- One company can mean more discounts - The majority of car insurance companies will give a discount to policyholders who consolidate policies with them in the form of a multi-policy discount. Even if you're getting this discount it's in your best interest to compare other company rates to verify if the discount is saving money. Consumers may find better rates by insuring with multiple companies.
How can State Farm, GEICO and Progressive save drivers who switch?
Car insurance companies such as State Farm, GEICO and Progressive regularly use ads on television and other media. They all seem to make the same claim about savings if you move your coverage to them. How does each company make the same claim? This is how they do it.
Different companies can use profiling for the type of customer that earns them a profit. For example, a desirable insured could be between the ages of 30 and 50, is a homeowner, and drives less than 10,000 miles a year. A customer who matches those parameters is entitled to the best price and as a result will probably save when switching.
Potential customers who are not a match for these standards will have to pay a higher premium which leads to business going elsewhere. Company advertisements say "drivers who switch" not "everybody who quotes" save that much money. That's why companies can truthfully advertise the way they do. Because of the profiling, drivers should compare many company's rates. Because you never know the company that will provide you with the cheapest rates.
Even more information can be found at the Ohio Department of Insurance website. Consumers can report car insurance fraud, read industry bulletins, view a list of available companies, and read enforcement actions against agents and companies.
Affordable insurance is out there
Cheaper car insurance is possible from both online companies as well as from independent agents in Anna, and you should compare price quotes from both to have the best rate selection. Some car insurance companies don't offer you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.
As you go through the steps to switch your coverage, it's very important that you do not skimp on coverage in order to save money. In many cases, an accident victim reduced physical damage coverage only to discover later that the savings was not a smart move. Your aim should be to buy enough coverage for the lowest price.