Best Way to Find Cheap Elida Auto Insurance

Buying the most affordable Elida auto insurance on the internet is somewhat difficult for consumers not familiar with comparing rates online. With so many choices of online companies, how can consumers even start to compare every company to locate the lowest price available?

It's important to take a look at other company's rates on a regular basis because prices are constantly changing. Just because you had the best deal six months ago there is a good chance you can find better rates now. Starting right now, ignore everything you know about auto insurance because you're going to get a crash course in the only way to reduce your cost while increasing coverage.

Buying affordable coverage in Elida is simple if you know the tricks. In a nutshell, anyone who carries auto insurance stands a good chance to be able to reduce their rates. Although Ohio drivers do need to know how insurance companies sell insurance online and take advantage of how the system works.

Elida Rates are Influenced by These Factors

Consumers need to have an understanding of some of the elements that go into determining the price you pay for auto insurance. Knowing what impacts premium levels enables informed choices that may reward you with big savings.

  • Your spouse saves you money - Being married can actually save you money when buying auto insurance. It means you're more responsible and it's proven that married drivers get in fewer accidents.
  • Are you male or female? - Statistics have proven that women are safer drivers than men. That doesn't necessarily mean that men are worse drivers. They both have accidents at about the same rate, but the males cause more damage. They also get cited for more serious violations such as DWI and reckless driving. Youthful male drivers are most likely to cause an accident and are penalized with high auto insurance rates.
  • Careful drivers pay lower rates - Just one speeding ticket can boost insurance rates by as much as thirty percent. Careful drivers have lower premiums than bad drivers. Drivers who have serious citations such as 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.
  • Teen drivers pay high rates - Teen drivers in Ohio are statistically proven to be more careless when driving so they pay higher auto insurance rates. If you've ever had to add a young driver to your auto insurance policy can be quite pricey. More mature drivers are viewed as being more responsible, file fewer claims and are safer drivers.
  • High deductibles save money - Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Some instances where coverage would apply could be a windshield shattered by a rock, vandalism, or theft. Your deductibles are how much you are willing to pay if you file a covered claim. The more money you are required to pay out-of-pocket, the bigger discount you will receive.
  • Do you qualify for a multi-policy discount? - Most companies will give a discount to customers who have multiple policies with them in the form of a multi-policy discount. Even if you're getting this discount you still need to comparison shop to ensure the best deal.

Which Auto Insurance is Cheapest in Elida, Ohio?

Comparing auto insurance rates can take hours if you don't understand the most efficient way to do it. You can spend your afternoon driving to local insurance agents in Elida, or you could save time and use the internet to quickly compare rates.

Most of the larger companies enroll in a system that allows shoppers to only type in their quote data once, and each company then gives them pricing for coverage. This eliminates the need for repetitive form submissions to each individual auto insurance company. To submit your quote information now, click here to open in new window.

The only drawback to comparing rates this way is you don't know exactly which providers you want pricing from. So if you want to choose specific insurance companies to receive pricing from, we put together a list of auto insurance companies in Ohio. Click here for list of insurance companies in Ohio.

It doesn't matter which method you choose, just ensure you are comparing identical coverages and limits on every quote you get. If you use different deductibles it's impossible to determine which rate is truly the best in Elida. Just a small difference in coverages may cause a big price difference. Just remember that obtaining a wide range of quotes helps locate a lower rate.

Be sure to get all your discounts

Insuring your vehicles can cost a lot, but you can get discounts that you may not even be aware of. Some discounts apply automatically when you quote, but lesser-known reductions have to be requested specifically prior to getting the savings.

  • Sign Online - A handful of insurance companies will discount your bill up to fifty bucks for buying your policy over the internet.
  • Accident Waiver - Certain companies will forgive one accident before hitting you with a surcharge as long as you don't have any claims for a particular time prior to the accident.
  • Good Student Discount - This discount can be rewarded with saving of up to 25%. The discount lasts until age 25.
  • Save over 55 - If you're over the age of 55, you may qualify for better auto insurance rates.
  • Multi-car Discount - Buying insurance for more than one vehicle with the same company may reduce the rate for each vehicle.
  • Theft Prevention System - Anti-theft and alarm systems prevent vehicle theft and will save you 10% or more.
  • Discount for Life Insurance - Companies who offer life insurance give a discount if you purchase auto and life insurance together.

A little note about advertised discounts, most credits do not apply to all coverage premiums. Most only apply to individual premiums such as liability, collision or medical payments. So when it seems like having all the discounts means you get insurance for free, you won't be that lucky. Any amount of discount will bring down the amount you have to pay.

To choose companies offering auto insurance discounts in Ohio, follow this link.

Is there truth in advertising?

Auto insurance companies such as State Farm, GEICO and Progressive constantly bombard you with television and radio advertisements. They all seem to say the same thing about savings if you switch to their company. How does each company make almost identical claims?

All the different companies have a preferred profile for the driver that makes them money. An example of a desirable insured could possibly be over the age of 50, insures multiple vehicles, and has a high credit rating. A customer getting a price quote who fits that profile is entitled to the best price and is almost guaranteed to save when switching.

Potential customers who don't measure up to these standards will have to pay a higher premium which usually ends up with the driver buying from a lower-cost company. Company advertisements say "customers that switch" but not "drivers who get quotes" save that much. This is how companies can truthfully state the savings.

Because of the profiling, you need to get as many quotes as possible. It's impossible to know which insurance companies will have the lowest rates.

Additional information is available on the Ohio Department of Insurance website located here. Ohio consumers can get help finding coverage, learn about insurance regulations, and file complaints about a company.

The best insurance company isn't always the cheapest

The cheapest auto insurance is available online and also from your neighborhood Elida agents, and you should be comparing both to have the best rate selection. Some insurance companies may not provide online price quotes and most of the time these smaller companies sell through independent agents.

You just read a lot of tips how to compare auto insurance prices online. The key thing to remember is the more rate comparisons you have, the higher your chance of finding lower rates. You may be surprised to find that the biggest savings come from some of the lesser-known companies.

As you restructure your insurance plan, it's very important that you do not reduce coverage to reduce premium. In many cases, drivers have reduced comprehensive coverage or liability limits to discover at claim time that they should have had better coverage. Your aim should be to buy enough coverage at a price you can afford.