Comparison Shop Fountain Car Insurance Prices With These Tricks

Purchasing affordable Fountain car insurance on the web may be intimidating for consumers new to buying insurance online. Since there are so many companies in the marketplace, how can you possibly compare the different rates to find the cheapest available price?

If you currently have a car insurance policy, you should be able to save some money using these methods. This information will help educate you on how car insurance quotes work and some tricks to saving. But Michigan consumers do need to know how companies sell online and take advantage of how the system works.

Take advantage of discounts

Companies that sell car insurance don't necessarily list all available discounts in a way that's easy to find, so here is a list both the well known and also the lesser-known ways to save on car insurance.

Fewer Miles Equal More Savings - Fewer annual miles can qualify you for better rates on cars that stay parked.
Paperless Signup - A few companies may give you up to $50 for buying a policy and signing up digitally online.
Own a Home - Owning a home in Fountain may earn you a small savings due to the fact that maintaining a home requires personal responsibility.
Payment Method - If paying your policy premium upfront instead of monthly or quarterly installments you can actually save on your bill.
Student in College - Any of your kids who live away from home and do not have access to a covered vehicle may qualify for this discount.
Auto/Home Discount - If you have multiple policies with the same company you could get a discount of at least 10% off all policies.
Government Employees - Active or retired federal employment could cut as much as 10% off depending on your company.
Senior Citizens - If you qualify as a senior citizen, you may be able to get reduced rates.
Theft Prevention Discount - Vehicles equipped with anti-theft or alarm systems help deter theft and earn discounts up to 10%.

Consumers should know that most discount credits are not given to all coverage premiums. Most only cut specific coverage prices like liability and collision coverage. So despite the fact that it appears all the discounts add up to a free policy, companies don't profit that way.

Why some people pay less for insurance in Fountain

Smart consumers have a good feel for the rating factors that help determine the rates you pay for car insurance. Having a good understanding of what controls the rates you pay allows you to make educated decisions that could result in much lower annual insurance costs.

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

Do you need the policy add-ons? - There are a ton of add-on coverages that you can get tricked into buying when buying car insurance. Insurance for roadside assistance, accidental death and motor club memberships may be wasting your money. They may seem like a good idea initially, but if you don't need them eliminate the coverages to reduce your premium.
Discounts for married couples - Being married can get you a discount on your car insurance policy. Having a spouse is viewed as being more mature than a single person and statistics show married drivers get in fewer accidents.
Equipment add-ons that lower car insurance rates - Purchasing a vehicle with a theft deterrent system can help bring down rates. Theft prevention features such as GM's OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping your vehicle from being stolen.
Do you qualify for a multi-policy discount? - Many car insurance companies will award you with lower prices to insureds who carry more than one policy such as combining an auto and homeowners policy. Discounts can be ten or even up to twenty percent in some cases. Even though this discount sounds good, it's still a good idea to compare other company rates to make sure you are getting the best deal.
Occupation reflects on rates - Did you know your occupation can influence how much you pay for car insurance? Occupations such as doctors, executives and dentists tend to pay the highest average rates due to stressful work requirements and long work days. Other professions such as pilots, historians and performers have the lowest average rates.
Women pay lower rates - Statistics have proven women are more cautious behind the wheel. However, this does not mean women are better drivers. Both sexes tend to get into accidents at about the same rate, but the male of the species have costlier accidents. Men also tend to have more aggressive citations like DUI and reckless driving. Teenage male drivers are the most expensive to insure and therefore are the most expensive to insure.

Are car insurance companies telling the truth?

21st Century, Allstate and State Farm continually stream ads on TV and radio. All the companies make the same claim that you'll save big after switching to them. How can each company claim to save you money? It's all in the numbers.

Insurance companies have a preferred profile for the type of driver that earns them a profit. An example of a profitable customer might be between 25 and 40, insures multiple vehicles, and has a high credit rating. Any driver who matches those parameters will qualify for the lowest rates and most likely will save when they switch companies.

Potential customers who don't qualify for the requirements must pay a more expensive rate which leads to the customer not buying. The ad wording is "customers who switch" not "people who quote" save money. This is how companies can state the savings. This illustrates why drivers should get quotes from several different companies. You cannot predict which insurance companies will have the lowest rates.

For more Michigan car insurance information

More detailed Michigan car insurance information is available at the Michigan Office of Financial and Insurance Regulation website. Visitors are able to discover disciplinary actions, get help finding coverage, and view a list of available companies.

Shop smart and save

Discount car insurance can be sourced both online and with local Fountain insurance agents, so you should compare both to have the best rate selection. Some insurance companies do not offer you the ability to get quotes online and usually these smaller companies provide coverage only through local independent agents.

Insureds change insurance companies for a variety of reasons including delays in responding to claim requests, an unsatisfactory settlement offer, unfair underwriting practices and even policy non-renewal. No matter why you want to switch, finding a new car insurance company is less work than it seems.

As you restructure your insurance plan, it's not a good idea to skimp on coverage in order to save money. There are a lot of situations where drivers have reduced comprehensive coverage or liability limits to discover at claim time that they should have had better coverage. The proper strategy is to purchase a proper amount of coverage at the best price while not skimping on critical coverages.