How to Know You're Paying Too Much for Car Insurance in Camden
I can't think of anyone who looks forward to paying for car insurance, particularly when the cost is way too high.
Insurance companies such as GEICO and Progressive continually bombard you with TV and radio ads and it is challenging if not impossible to sift through the bull and find the best price available.
It's important to compare prices occasionally due to the fact that insurance rates are constantly changing. Despite the fact that you may have had the best price a couple years back the chances are good that you can find a lower rate today. Forget anything you know (or think you know) about car insurance because you're about to find out one of the best ways to find the best coverage while lowering your premiums.
Don't pay full price with these discounts
The price of auto insurance can be rather high, but you can get discounts to cut the cost considerably. Certain discounts will be triggered automatically when you quote, but less common discounts must be asked about before you get the savings.
- Bundle and Save - When you combine your home and auto insurance with the same insurance company you may earn 10% to 20% off each policy.
- Braking Control Discount - Anti-lock brake equipped vehicles can reduce accidents and qualify for as much as a 10% discount.
- Senior Citizens - Mature drivers may be able to get better car insurance rates.
- Federal Employees - Being employed by or retired from a federal job can earn a discount up to 10% with select insurance companies.
- College Student - Any of your kids who attend school more than 100 miles from home and do not have access to a covered vehicle may be able to be covered for less.
It's important to note that many deductions do not apply to your bottom line cost. Some only reduce the price of certain insurance coverages like collision or personal injury protection. So even though it sounds like you could get a free car insurance policy, you're out of luck. But any discount will reduce your premiums.
To see a list of companies who offer car insurance discounts in Camden, click this link.
Automobile Insurance Quotes in Camden, OH
Effectively comparing car insurance prices can be challenging if you aren't aware of the best way to get rate quotes. You can waste a lot of time talking to insurance agencies in Camden, or you can stay home and use online quotes to get rate comparisons in just a few minutes.
Many insurance companies enroll in a system that enables customers to enter their coverage request one time, and each participating company then returns a price quote based on that data. This system prevents you from having to do quote forms to each individual car insurance company.
To submit your quote information now, click to open in new window.
One minor caviat to comparing rates this way is buyers cannot specifically choose which carriers you want to price. If you would rather choose individual companies to request quotes from, we have assembled a list of the cheapest car insurance companies in Ohio. Click to view list.
It doesn't matter which method you choose, just make absolute certain that you use exactly the same coverage information on every quote you get. If you have unequal deductibles or liability limits it will be very difficult to determine which rate is truly the best in Camden. Having just a slight variation in limits may cause a big price difference. And when quoting car insurance, remember that obtaining a wide range of quotes will improve the odds of getting the best offered rates.
Good Decisions Result in Lower Rates
An important part of buying insurance is that you know the rating factors that help determine the rates you pay for car insurance. Having a good understanding of what influences your rates enables informed choices that may reward you with better car insurance rates.
- Rural vs Urban Areas - Living in a small town can be a good thing when talking about car insurance. Lower population translates into fewer accidents. Urban drivers have much more traffic to deal with and longer commutes to work. More time commuting translates into higher accident risk.
- One company can mean more discounts - Many car insurance companies will give a discount to insureds who buy several policies from them such as combining an auto and homeowners policy. This can amount to ten or even up to twenty percent in some cases. Even with this discount, it's in your best interest to compare rates to ensure the best deal.
- Men pay higher rates - Statistics show women are more cautious behind the wheel. However, this does not mean men are worse drivers. Men and women cause accidents in similar percentages, but the males have costlier accidents. They also have more aggressive citations like DUI and reckless driving. Young males tend to get in the most accidents and therefore have the most expensive car insurance rates.
- Your car insurance rates can be influenced by your job - Did you know your occupation can influence how much you pay for car insurance? Jobs such as lawyers, executives and dentists tend to have the highest average rates in part from high stress and long work hours. Other jobs such as scientists, historians and performers receive lower rates.
Your personal situation dictates your coverage
When choosing the right insurance coverage for your vehicles, there really is not a perfect coverage plan. Everyone's situation is unique so this has to be addressed. Here are some questions about coverages that might point out whether or not you will benefit from professional help.
- What is the difference between comprehensive and collision coverage?
- Do I need PIP (personal injury protection) coverage in Ohio?
- Should I put collision coverage on all my vehicles?
- Why am I required to get a high-risk car insurance policy?
- Why does it cost so much to insure a teen driver in Camden?
- Does my liability insurance cover pulling a trailer or camper?
- Am I getting all the discounts available?
If it's difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. If you don't have a local agent, complete this form or you can go here for a list of companies in your area.
The car insurance bait and switch
Car insurance companies such as GEICO, State Farm and Progressive continually stream ads in print and on television. They all seem to make the same claim that you can save after switching to their company. How can each company claim to save you money? This is how they do it.
Different companies have a certain "appetite" for the driver that is profitable for them. For example, a desirable insured might be between the ages of 40 and 55, owns a home, and drives less than 10,000 miles a year. Any driver who matches those parameters will get very good rates and therefore will save when they switch companies.
Drivers who don't measure up to the requirements will have to pay a higher premium which leads to the customer not buying. The ads say "drivers who switch" not "everyone that quotes" save that much. That is how insurance companies can advertise the way they do.
Because of the profiling, drivers must get as many quotes as possible. You cannot predict which company will provide you with the cheapest rates.
The best insurance company isn't always the cheapest
As you go through the steps to switch your coverage, it's a bad idea to reduce coverage to reduce premium. In many instances, an insured cut physical damage coverage only to discover later that the savings was not a smart move. The ultimate goal is to find the BEST coverage for the lowest price.
Lower-priced car insurance can be bought both online and also from your neighborhood Camden agents, so you should be comparing quotes from both to have the best selection. Some car insurance companies may not provide the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.
More information can be found on the website for the Ohio Department of Insurance. Click here for link. Visitors are able to view agent and company licensing information, read consumer alerts, learn about insurance regulations, and read industry bulletins.