How to Know You're Spending Too Much for Auto Insurance in East Thetford

Scraping up a payment for overpriced auto insurance can dwindle your savings account and make it impossible to make ends meet. Doing a price comparison is free and is an excellent way to reduce premiums and put more money in your pocket. Numerous battle for your hard-earned dollar, and because of this it can be hard to compare and get the definite lowest rate

It's important to do rate comparisons quite often because prices are constantly changing. Even if you got the best deal a few years ago you may be paying too much now. Starting now, ignore everything you know about auto insurance because you're going to get a crash course in the proper way to remove unneeded coverages and save money.

If you have a current auto insurance policy or need new coverage, you can use these techniques to get lower rates while maintaining coverages. Buying car insurance in East Thetford is easy if you know what you're doing. Vermont vehicle owners just need to know the most efficient way to get comparison rates over the internet.

Low Cost East Thetford Auto Insurance

Getting better auto insurance pricing is a fairly straight forward process. You just have to take a few minutes comparing rates provided by online insurance companies. This is very easy and can be done in several different ways.

The first (and easiest) way to get the best comparison quotes is to use a rate comparison form (click to open form in new window). This form saves time by eliminating separate quotes to each individual auto insurance company. One form gets rate comparisons instantly.

A slightly less efficient method to get quotes online is spending the time to visit each company's website to complete a price quote. For example, let's assume you want comparison quotes from , and . To find out each rate you need to visit each site and enter your policy data, and that's why the first method is more popular.

To view a list of companies in East Thetford, click here.

The hardest way to get comparison rates is to waste gas driving to insurance agents' offices. The internet makes this process obsolete unless you have a need for the personal advice only provided by licensed East Thetford agents. Drivers can compare the best prices online and still use a local agent. We'll cover that shortly.

It's up to you how you get prices quotes, just make darn sure you compare the exact same information with each company. If you compare higher or lower deductibles it will be very difficult to make an equal comparison in East Thetford.

Why some people pay less for insurance in East Thetford

It's important that you understand the rating factors that help determine the rates you pay for auto insurance. Understanding what controls the rates you pay allows you to make educated decisions that may reward you with big savings.

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

Older drivers save more - More mature drivers are viewed as being more responsible, file fewer claims and receive fewer citations. Youthful drivers are known to be careless and easily distracted when driving therefore auto insurance rates are much higher.
Lower miles equals lower premium - Driving more miles in a year's time the more you will pay for auto insurance. Most companies charge to insure your cars based on how the vehicle is used. Autos not used for work or commuting can get a lower rate than those used for commuting. Ask your agent if your auto insurance coverage is showing the proper vehicle usage, because it can save money.
Do men or women drive better? - Statistics have proven that men are more aggressive behind the wheel. However, this does not mean women are better drivers. They both tend to get into accidents at about the same rate, but the males have costlier accidents. They also have more aggressive citations like DUI and reckless driving. Teenage male drivers tend to get in the most accidents and thus pay the highest rates.
Your credit rating is important - Credit history is a huge factor in determining what you pay for auto insurance. So if your credit score is not that good, you could be paying less to insure your by repairing your credit. Drivers with high credit ratings tend to file fewer claims and have better driving records as compared to drivers with lower credit scores.
Consolidate policies to earn discounts - Many auto insurance companies will give a discount to insureds who carry more than one policy. It's known as a multi-policy discount. Discounts can be ten or even up to twenty percent in some cases. Even though this discount sounds good, it's in your best interest to shop around to make sure you are getting the best deal.

Save big with these discounts

Companies that sell car insurance don't always publicize all their discounts in an easy-to-find place, so here is a list both the well known and the harder-to-find ways to save on auto insurance. If they aren't giving you every credit you deserve, you're just leaving money on the table.

College Student - Any of your kids who live away from home and do not have access to a covered vehicle may qualify for this discount.
Auto/Life Discount - Select insurance companies reward you with lower rates if you buy auto and life insurance together.
Accident Waiver - A few companies will allow you to have one accident without raising rates as long as you don't have any claims for a particular time prior to the accident.
Braking Control Discount - Vehicles with anti-lock braking systems can reduce accidents and earn discounts up to 10%.
Theft Prevention System - Vehicles equipped with anti-theft or alarm systems can help prevent theft and therefore earn up to a 10% discount.
Military Rewards - Having a family member in the military may qualify for rate reductions.
Passive Restraints and Air Bags - Factory air bags or automatic seat belts can get savings of more than 20%.
Student Driver Training - Require your teen driver to complete a driver education course if it's offered in school.
Accident Free - Drivers who don't have accidents can earn big discounts as compared to frequent claim filers.
Drive Less and Save - Fewer annual miles can qualify you for better rates on cars that stay parked.

Drivers should understand that most discount credits are not given to the overall cost of the policy. Most cut the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears all those discounts means the company will pay you, companies wouldn't make money that way.

For a list of companies who offer auto insurance discounts in East Thetford, click this link.

But I don't know anything about car insurance

When it comes to choosing proper insurance coverage for your personal vehicles, there is no perfect coverage plan. Everyone's situation is unique so this has to be addressed. These are some specific questions may help you determine if your situation might need an agent's assistance.

Why does it cost so much to insure a teen driver in East Thetford?
Do I pay less if my vehicle is kept in my garage?
What happens if I owe more than my vehicle is worth?
Is my vehicle covered for flood damage?
Does my policy cover me when driving someone else's vehicle?
Can I get a multi-policy discount for packaging my home and auto coverage?
Am I covered when renting a car or should I buy coverage from the car rental agency?
Do I have coverage when using my vehicle for my home business?

If it's difficult to answer those questions but you think they might apply to your situation, you might consider talking to an agent. If you don't have a local agent, take a second and complete this form or you can go here for a list of companies in your area. It's fast, free and may give you better protection.

More detailed Vermont auto insurance information is available at the Vermont Department of Financial Regulation website. Visitors are able to read enforcement actions against agents and companies, file complaints about an insurance agent or broker, learn about insurance regulations, and find out industry alerts.

Best coverage at the best price

When shopping online for auto insurance, you should never reduce needed coverages to save money. There are many occasions where drivers have reduced liability limits or collision coverage only to find out that a couple dollars of savings turned into a financial nightmare. Your aim should be to purchase plenty of coverage for the lowest price.

Budget-conscious auto insurance can be purchased both online and with local East Thetford 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 online quoting and most of the time these smaller companies sell through independent agents.