Find Cheap Covington Auto Insurance

Are you intimidated by the dozens of auto insurance options in Covington? Many other consumers are too. There are so many companies to choose from that it can turn into a lot of work to locate the lowest price.

It's important to take a look at other company's rates every six months because insurance rates are constantly changing. Just because you had the lowest price a few years ago you can probably find a better price now. Don't believe everything you read about auto insurance on the web, but I'm going to show you some great ways to quit paying high auto insurance rates.

Finding affordable coverage in Covington is quite easy. If you have car insurance now, you will be able to cut costs considerably using this information. Ohio drivers only need an understanding of the proper way to compare rates online.

Covington Rates are Influenced by These Factors

Consumers need to have an understanding of the factors that go into determining the price you pay for auto insurance. Knowing what determines base rates enables informed choices that may reward you with lower auto insurance prices.

Listed below are a partial list of the pieces auto insurance companies consider when setting rates.

  • With age comes lower rates - Teen drivers in Ohio are statistically proven to be more careless when behind the wheel so they pay higher auto insurance rates. Older insureds are viewed as being more responsible, tend to file fewer claims and are safer drivers.
  • Do you know your deductibles? - Coverage for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Some instances where coverage would apply could be a windshield shattered by a rock, damage caused by hail, or theft. The deductibles are how much you are willing to pay if you file a covered claim. The more you are required to pay out-of-pocket, the less your auto insurance will be.
  • Traffic violations increase rates - Your driving citation history has a lot to do with how much you pay for insurance. Just one citation can boost insurance rates twenty percent or more. Careful drivers have lower premiums than bad drivers. Drivers who have serious citations like reckless driving, hit and run or driving under the influence may need to submit a SR-22 or proof of financial responsibility with their state DMV in order to continue driving.
  • Pleasure use saves money - The more miles you rack up on your car in a year the more you will pay for auto insurance. Most insurance companies apply a rate determined by how the vehicle is used. Cars left parked in the garage receive lower rates compared to those used for work or business. Make sure your auto insurance policy shows how each vehicle is driven, because improper ratings can cost you money.
  • Extra coverages can waste money - There are many extra coverages that you can buy on your auto insurance policy. Coverages for vanishing deductibles, towing coverage and term life insurance are some examples. They may seem good when you first buy your policy, but if they're wasting money eliminate them to save money.
  • Discounts for multiple policies - Most insurance companies will give a discount to customers who have multiple policies with them in the form of a multi-policy discount. If you currently are using one company, you still need to comparison shop to ensure the best deal. You may still be able to find a better deal by buying auto insurance from a different company.

Covington auto insurance comparison

Policy discounts you shouldn't miss

Companies offering auto insurance do not list all their discounts very clearly, so we researched both well-publicized as well as the least known discounts you could be receiving. If you're not getting every credit possible, you are paying more than you should be.

  • Save over 55 - If you're over the age of 55, you may qualify for better auto insurance rates.
  • Homeowners Discount - Owning a house in Covington can save you money because owning a home shows financial diligence.
  • Discount for Good Grades - This discount can get you a discount of up to 25%. Earning this discount can benefit you until age 25.
  • Life Insurance Discount - Larger companies have a discount if you purchase a life insurance policy as well.
  • Defensive Driver - Completing a course in driver safety could possibly earn you a 5% discount if your company offers it.
  • Discount for New Cars - Putting insurance coverage on a new car can cost up to 25% less since new cars are generally safer.
  • Early Signing - Some insurance companies reward drivers for switching policies prior to your current policy expiration. This can save 10% or more.

It's important to understand that some credits don't apply to all coverage premiums. Most only apply to individual premiums such as liability, collision or medical payments. So even though they make it sound like it's possible to get free car insurance, it doesn't quite work that way.

To choose companies offering auto insurance discounts in Ohio, click here.

Save $429 a year? Really?

Ohio consumers can't ignore all the ads that promise big savings by Progressive, GEICO, Allstate and State Farm. They all seem to have a common claim of big savings if you switch to their company.

How does each company make almost identical claims?

All companies are able to cherry pick for the driver that makes them money. For instance, a desirable insured could possibly be between 25 and 40, has no driving citations, and has a short commute. A driver that hits that "sweet spot" is entitled to the best price and is almost guaranteed to save when switching.

Consumers who don't qualify for these standards will have to pay higher rates and this can result in the driver buying from a lower-cost company. The ads state "customers that switch" but not "drivers who get quotes" save that much. That's the way insurance companies can confidently make the claims of big savings. Because of the profiling, you should get a wide range of price quotes. It is impossible to predict which auto insurance company will fit your personal profile best.

More tips and info about auto insurance is located at the Ohio Department of Insurance website. Ohio consumers can read enforcement actions against agents and companies, report car insurance fraud, and file complaints about a company.

Other informative sites include this Car Insurance FAQ and this page of insurance agents in Covington.

In the end, you save

As you shop your coverage around, make sure you don't buy poor coverage just to save money. There are many occasions where someone sacrificed collision coverage and learned later that saving that couple of dollars actually costed them tens of thousands. Your aim should be to buy a smart amount of coverage at a price you can afford.

Low-cost auto insurance is available online and also from your neighborhood Covington agents, so you should compare both to get a complete price analysis. Some insurance providers may not provide online price quotes and most of the time these small, regional companies sell through independent agents.

In this article, we presented a lot of ways to save on auto insurance. The key thing to remember is the more times you quote, the better your chances of lowering your rates. You may even discover the most savings is with a small local company.