Tightwads Instructions on Saving on Eads Auto Insurance

Did you fall for a flashy sales pitch and buy high-priced auto insurance? Believe me when I say there are many people just like you.

Lots of contend for your hard-earned dollar, so it can be very hard to choose a to find the absolute lowest rate

It's important to check auto insurance prices every six months because prices are constantly changing. Despite the fact that you may have had the best rates a few years ago the chances are good that you can find a lower rate today. You can find a lot of wrong information about auto insurance on the web, but we're going to give you some great ways to save money.

If you currently have a car insurance policy, you should be able to reduce your rates substantially using these methods. Buying car insurance in Eads is quite easy. Nevertheless, Colorado consumers do need to know the way companies compete online.

Save big with these discounts

Companies that sell car insurance don't always list every available discount in an easy-to-find place, so the following is a list of both the well known as well as the least known ways to save on auto insurance.

Discount for Good Grades - A discount for being a good student can earn a discount of 20% or more. The good student discount can last well after school through age 25.
Multiple Vehicles - Insuring multiple vehicles on the same auto insurance policy may reduce the rate for each vehicle.
Senior Citizens - Mature drivers may be able to get reduced rates.
Low Mileage - Fewer annual miles could qualify for better rates on cars that stay parked.
No Charge for an Accident - A few companies will forgive one accident before raising your premiums if you are claim-free for a set time period.
Passive Restraint Discount - Vehicles with factory air bags and/or automatic seat belt systems can get savings of up to 25% or more.
Student Driver Training - Have your child take driver's ed class if it's offered in school.
E-sign - A few companies may give you up to $50 simply for signing on their website.

Consumers should know that most discount credits are not given to all coverage premiums. Most only reduce individual premiums such as medical payments or collision. Even though it may seem like all the discounts add up to a free policy, companies don't profit that way.

To see a list of providers who offer auto insurance discounts in Eads, click this link.

Comprehensive Eads Auto Insurance Comparison

There are several ways of comparing rates from auto insurance companies in your area. The best method to compare insurance prices is to use the internet to compare rates. This can be done in a couple of different ways.

The best way to get quotes is to use a rate comparison form click here to open form in new window. This form prevents you from having to do separate quotes for each company you want a rate for. Filling out one form will get you rate comparisons instantly.
A slightly less efficient method to get quotes online requires you to visit each company website to request a price quote. For examples sake, let's assume you want to compare rates from , and . To get each rate you have to take the time to go to each site and enter your policy data, which is why the first method is more popular.

To view a list of companies in Eads, click here.

It's up to you how you get prices quotes, just ensure you are comparing the exact same coverage information for each price quote. If the quotes have unequal deductibles or liability limits it's not possible to truly determine the lowest rate in Eads. Having just a slight variation in coverage limits can make a big difference in price. Just remember that quoting more will increase your chances of finding the best offered rates.

What determines how much you pay?

An important part of buying insurance is that you know the rating factors that help determine the rates you pay for auto insurance. Understanding what determines base rates allows you to make educated decisions that can help you get much lower annual insurance costs.

The following are some of the items companies use to determine your rates.

Cautious drivers pay less - Your driving record impacts your car insurance rates tremendously. Good drivers have lower premiums compared to drivers with tickets. Only having one citation can increase rates forty percent or more. Drivers who get flagrant violations such as DWI, reckless driving or hit and run convictions may be required to file a SR-22 to the state department of motor vehicles in order to keep their license.
Do you know your deductibles? - Physical damage insurance, otherwise known as comp (or other than collision) and collision, protects your car from damage. Examples of covered claims would be a windshield shattered by a rock, damage from fire, and windstorm damage. Physical damage deductibles are the amount of money you are required to spend before a claim is paid by your company. The more expense you're willing to pay, the less your auto insurance will be.
Men pay higher rates - Statistics demonstrate that men are more aggressive behind the wheel. However, this does not mean women are better drivers. Both sexes tend to get into accidents at a similar rate, but men have costlier accidents. Men also have more aggressive citations like DUI and reckless driving. Male drivers age 16 to 19 are most likely to cause an accident and therefore have the most expensive auto insurance rates.
Add-on coverages can add up - There are a ton of extra coverages you can purchase when buying auto insurance. Coverages like roadside assistance, better glass coverage and motor club memberships may be wasting your money. They may seem good when you first buy your policy, but if you don't need them get rid of them and save.
Better credit means lower rates - Your credit history is a important factor in calculating your auto insurance rates. So if your credit score is not that good, you could pay less to insure your by repairing your credit. Drivers with high credit scores tend to file fewer claims and have better driving records than drivers with lower credit scores.
Discounts for married couples - Getting married can get you a discount on your auto insurance policy. Marriage is viewed as being more mature and responsible and it's proven that being married results in fewer claims.

Auto insurance ads bend the truth

Companies like State Farm and Allstate continually stream ads on TV and radio. All the ads make the same claim of big savings after switching to them. How do they all claim to save you money?

Insurance companies are able to cherry pick for the type of driver that is profitable for them. A good example of a preferred risk might be between the ages of 30 and 50, has no driving citations, and drives less than 7,500 miles a year. A customer getting a price quote who matches those parameters will get the preferred rates and most likely will cut their rates substantially.

Drivers who fall outside the "perfect" profile will be charged higher premiums which leads to the customer not buying. The ads state "customers that switch" not "people who quote" save money. That's the way insurance companies can confidently advertise the way they do. That is why drivers must get quotes from several different companies. It's impossible to know which auto insurance company will provide you with the cheapest rates.

Affordable insurance is out there

We covered some good ideas how to compare auto insurance prices online. The most important thing to understand is the more you quote, the better your chances of lowering your rates. You may be surprised to find that the lowest rates come from the least-expected company. These smaller insurers may often insure only within specific states and give getter rates than their larger competitors like .

Cost effective auto insurance can be bought both online and with local Eads insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some auto insurance companies do not offer the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.

When shopping online for auto insurance, you should never reduce coverage to reduce premium. There have been many cases where someone sacrificed collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your goal should be to get the best coverage possible at a price you can afford, not the least amount of coverage.

Learn more about Colorado auto insurance

More tips and info about auto insurance can be read at the Colorado DORA Division of Insurance website. Visitors are able to file complaints about a company, report car insurance fraud, learn about insurance regulations, and discover disciplinary actions.