Proven Ways to Save on Bala Cynwyd Car Insurance

Scraping up a payment for overpriced car insurance can take a big chunk out of your bank account and force you to make sacrifices. Doing a price comparison is a smart way to lower your monthly bill.

Because you have many choices, it's difficult to locate the lowest price car insurance company.

It's important to price shop coverage quite often due to the fact that insurance rates are constantly changing. If you had the best price on your last policy a different company probably has better rates today. Ignore everything you know about car insurance because you're about to learn one of the easiest ways to eliminate unnecessary coverages and save money.

Pricing affordable car insurance coverage in Bala Cynwyd is quite easy. Basically, anyone who is required by state law to have car insurance will be able to reduce their rates. But Pennsylvania consumers do need to know the way insurance companies determine prices and apply this information to your search.

Save big with these discounts

Car insurance is not cheap, buy you may qualify for discounts to help offset the cost. Larger premium reductions will be automatically applied when you purchase, but a few need to be inquired about before being credited.

  • Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes prevent accidents and earn discounts up to 10%.
  • Senior Citizens - If you qualify as a senior citizen, you can possibly qualify for a discount up to 10%.
  • Military Discounts - Having a deployed family member can result in better rates.
  • Good Student Discount - Performing well in school can get you a discount of up to 25%. This discount can apply up to age 25.
  • Driver's Ed - Make teen driver coverage more affordable by requiring them to take driver's ed class in high school.
  • Own a Home - Being a homeowner may trigger a car insurance policy discount because of the fact that having a home is proof that your finances are in order.
  • Government Employees - Active or retired federal employment can save as much as 8% with certain companies.
  • Passive Restraints - Vehicles with factory air bags or automatic seat belts can receive discounts of more than 20%.
  • Pay Upfront and Save - If you pay your bill all at once instead of monthly or quarterly installments you could save 5% or more.

Consumers should know that most of the big mark downs will not be given to the overall cost of the policy. A few only apply to specific coverage prices like comprehensive or collision. Even though it may seem like you can get free auto insurance, companies don't profit that way. But all discounts will help reduce your overall premium however.

Bala Cynwyd car insurance quote

Learn How to Buy Car Insurance Cheaper

Smart consumers have a good feel for some of the elements that come into play when calculating the rates you pay for car insurance. When you know what positively or negatively controls the rates you pay helps enable you to make changes that can help you get lower car insurance prices.

  • More than one policy can earn a discount - The majority of companies give discounts to insureds who carry more than one policy, otherwise known as a multi-policy discount. Even though this discount sounds good, it's still a good idea to compare other company rates to confirm you are receiving the best rates possible.
  • Sex matters - Statistics have proven women tend to be less risk to insure than men. However, don't assume that men are WORSE drivers than women. Women and men tend to get into accidents in similar percentages, but men cause more damage and cost insurance companies more money. Men also get cited for more serious violations like DUI and reckless driving.
  • Safer occupants lowers premiums - Cars with high safety ratings are cheaper to insure. Safer cars have better occupant injury protection and any reduction in injury severity translates into savings for insurance companies passed on to you as lower rates.
  • Bad driving skills means higher rates - Drivers with clean records get better rates than people who have multiple driving citations. Just one ticket may increase your cost by as much as thirty percent. Drivers who get severe violations like hit and run, DWI or reckless driving convictions may be required to file a SR-22 to the state department of motor vehicles in order to drive a vehicle legally.
  • Optional equipment can affect rates - Purchasing a vehicle with a theft deterrent system can help lower your rates. Anti-theft devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping your car from being stolen.

But I don't know anything about car insurance

When it comes to buying the right insurance coverage for your personal vehicles, there really is no perfect coverage plan. Every situation is different so your insurance needs to address that. These are some specific questions may help you determine if your situation would benefit from professional advice.

  • Do I need PIP (personal injury protection) coverage in Pennsylvania?
  • Should I buy additional glass protection?
  • Do I have coverage when using my vehicle for my home business?
  • Do I need to file an SR-22 for a DUI in Pennsylvania?
  • Is rental equipment covered for theft or damage?
  • Does my policy cover my teen driver if they drive my company car?
  • Am I covered if I drive in a foreign country?
  • Should I drop comprehensive coverage on older vehicles?

If you don't know the answers to these questions but you know they apply to you then you might want to talk to a licensed agent. To find an agent in your area, take a second and complete this form or click here for a list of car insurance companies in your area.

Car insurance ads bend the truth

Companies like Allstate and Progressive regularly use ads on TV and radio. All the ads say the same thing that you'll save big if you move your policy. But how can every company claim to save you money? It's all in the numbers.

All companies have a preferred profile for the right customer that earns them a profit. For example, a preferred risk might be a mature driver, insures multiple vehicles, and has great credit. Any driver who fits that profile receives the best rates and most likely will save a lot of money.

Consumers who fall outside this ideal profile will be charged higher prices which usually ends up with the customer not buying. Company advertisements say "customers who switch" not "people who quote" save that kind of money. This is how companies can advertise the savings.

That is why drivers should get as many comparisons as possible. You cannot predict which insurance companies will fit your personal profile best.

Much more information about car insurance in Pennsylvania can be found on the website for the Pennsylvania Insurance Department found here. Visitors are able to read consumer alerts, learn about insurance regulations, find disaster information, and file complaints about a company.

Also read more on BankRate.com's Car Insurance: When not to Skimp and this directory of Bala Cynwyd insurance agents.

Bala Cynwyd car insurance comparison

Do the work, save more money

When you buy insurance online, don't be tempted to skimp on coverage in order to save money. Too many times, drivers have reduced physical damage coverage only to regret at claim time that the few dollars in savings costed them thousands. The aim is to buy enough coverage at the best price, not the least amount of coverage.

Discount car insurance is possible both online in addition to many Bala Cynwyd insurance agents, and you need to price shop both in order to have the best price selection to choose from. There are still a few companies who do not provide you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.