Car Insurance in Bondville Vermont - 8 Discounts You Might be Forgetting

No one likes having to buy car insurance, particularly when the price is too high.

Drivers have multiple to pick from, and although it's nice to have a selection, it can be more challenging to compare rates.

Save big with these eight discounts

Car insurance companies don't always list all available discounts very clearly, so here is a list both the well known and the more hidden discounts you could be receiving.

Homeowners Savings - Owning a home in Bondville can save you money because owning a home requires personal responsibility.
Early Signing - A few companies offer discounts for buying a policy before your current expiration date. This can save 10% or more.
Anti-lock Brakes - Anti-lock brake equipped vehicles are safer to drive and earn discounts up to 10%.
Life Insurance Discount - Some companies give a discount if you purchase life insurance from them.
Drivers Education - Have your child enroll in driver's education in school.
Paperless Signup - Some insurance companies may give you up to $50 just for signing your application over the internet.
Multi-car Discount - Insuring more than one vehicle on the same car insurance policy could earn a price break for each car.
Air Bag Discount - Vehicles equipped with air bags or motorized seat belts may earn rate discounts up to 30%.

It's important to note that some credits don't apply to the entire policy premium. Some only reduce the cost of specific coverages such as physical damage coverage or medical payments. So even though it sounds like you would end up receiving a 100% discount, you're out of luck.

To see a list of insurers offering car insurance discounts in Vermont, click here.

Vehicle Insurance Comparison

There are several ways to get quotes from different Bondville insurance companies. The best method to find the lowest rates involves getting comparison quotes online. This can be done in several different ways.

The best way to compare a lot of rates at once is to use a rate comparison form like this one (opens in new window). This type of form prevents you from having to do repetitive form submissions for each company. Just one form compares rates from multiple companies.
A more time consuming way to get quotes online is going to each individual company website to request a price quote. For example, let's say you want to compare , and . You would have to visit each site and enter your information, which is why most consumers use the first method.

To view a list of companies in Bondville, click here.
The most time-consuming method to compare rates is to waste gas driving to insurance agents' offices. Buying insurance online has reduced the need for local agents unless you prefer the professional advice of a licensed agent. It is possible to obtain prices from the web and still use a local agent and we'll cover that in a bit.

Whichever method you choose, be sure to compare identical coverage limits and deductibles for each price quote. If you have different liability limits it will be impossible to truly determine the lowest rate in Bondville. Slightly different limits may cause a big price difference. Keep in mind that obtaining a wide range of quotes helps you find the best rates.

But I don't know anything about car insurance

When choosing proper insurance coverage for your vehicles, there isn't really a "best" method to buy coverage. Everyone's needs are different and your policy should reflect that. These are some specific questions may help highlight if your situation might need an agent's assistance.

When do I need to add a new car to my policy?
Does my car insurance cover rental cars?
Can I get a multi-policy discount for packaging my home and auto coverage?
When does my teenage driver need to be added to my policy?
What are the financial responsibility laws in Vermont?
Does my policy cover my teen driver if they drive my company car?

If you can't answer these questions but a few of them apply, you may need to chat with a licensed insurance agent. If you don't have a local agent, complete this form or go to this page to view a list of companies.

Car insurance ads bend the truth

Allstate, GEICO and Progressive constantly bombard you with ads on TV and radio. All the companies have a common claim that you can save if you switch to their company. How does each company claim to save you money?

Different companies have a certain "appetite" for the driver that is profitable for them. An example of a profitable customer might be between the ages of 30 and 50, a clean driving record, and has excellent credit. Any new insured that hits that "sweet spot" will get very good rates and most likely will save when switching.

Drivers who fall outside these standards must pay higher premiums and this can result in the customer not buying. The ads say "people who switch" not "people who quote" save that much. That is how insurance companies can make those claims. This illustrates why drivers must compare as many rates as you can. It's just too difficult to predict which company will have the lowest rates.

Affordable insurance is out there

Lower-priced car insurance can be found both online and also from your neighborhood Bondville agents, and you should compare price quotes from both to have the best chance of lowering rates. Some companies may not provide the ability to get a quote online and usually these smaller companies provide coverage only through local independent agents.

We just covered a lot of ways to compare car insurance prices online. The key thing to remember is the more rate comparisons you have, the better your comparison will be. Drivers may discover the lowest rates come from an unexpected company. These smaller insurers often have lower prices on specific markets than their larger competitors like .

While you're price shopping online, make sure you don't reduce coverage to reduce premium. In too many instances, someone dropped liability limits or collision coverage only to find out they didn't purchase enough coverage. Your focus should be to find the BEST coverage at an affordable rate while not skimping on critical coverages.

Additional detailed information is available at the Vermont Department of Financial Regulation website. Visitors are able to report car insurance fraud, file complaints about a company, find out industry alerts, and view agent and company licensing information.

Additional helpful sites include this page for Vermont car insurance and this page for help finding agents in Bondville, VT.