Tightwads Guide to Saving on Franklin Auto Insurance

Did you fall for a flashy sales pitch and buy overpriced auto insurance? Trust us, you are not the only one feeling buyer's remorse.

Since consumers have many companies and agents to choose from, it's nearly impossible to choose the lowest cost company.

Choosing the best insurance company for you in Franklin is easy if you know what you're doing. If you are paying for car insurance now, you should be able to lower your premiums substantially using these techniques. But Pennsylvania consumers do need to know the way companies market on the web and apply this information to your search.

Comprehensive Franklin Auto Insurance Comparison

Most major insurance companies give coverage prices on the web. This process is quite simple as you just enter the coverages you want into the quote form. Behind the scenes, the system will obtain credit information and your driving record and returns a price quote based on these and other factors. This helps simplify price comparisons, but the time required to go to different websites and type in the same information is repetitive and time-consuming. Unfortunately, it is important to have as many quotes as possible in order to get a lower rate.

A less time-consuming method to lower your rates uses one form that gets prices from several different companies. It's a real time-saver, eliminates form submissions, and makes quoting online much more enjoyable. As soon as you send your information, your coverage is rated and you are able to buy any or none of the returned quotes. If a lower price is quoted, you can simply submit the application and buy the new coverage. This process takes 15 minutes at the most and may result in a nice savings.

To find out how much you're overpaying now, click here and enter your information. If you currently have coverage, we recommend you complete the form with the limits and deductibles identical to your current policy. This way, you will receive an apples-to-apples comparison based on similar coverages.

Good Decisions Result in Lower Rates

It's important that you understand the rating factors that come into play when calculating the rates you pay for auto insurance. When you know what positively or negatively controls the rates you pay enables informed choices that could result in big savings.

The list below includes a few of the "ingredients" auto insurance companies consider when setting premiums.

Safer cars cost less to insure - Vehicles with good safety scores tend to have better insurance rates. Safe vehicles reduce injuries and any reduction in injury severity means lower claim amounts passed on to you as lower rates.
Liability coverage is peace of mind - The liability section of your policy provides coverage if you are found liable for causing damage or personal injury in an accident. Liability insurance provides for a legal defense which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so drivers should carry high limits.
High numbers of claims are not good - If you are a frequent claim filer, you can pretty much guarantee higher rates. Auto insurance companies in Pennsylvania give discounts to people who are claim-free. Insurance coverage is intended for the large, substantial claims.
Cautious drivers pay less - Whether or not you get tickets has a big impact on rates. Careful drivers have lower premiums than people who have multiple driving citations. Only having one ticket can boost insurance rates forty percent or more. Drivers with severe tickets like reckless driving, hit and run or driving under the influence are required to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to drive a vehicle legally.
Being married can save on auto insurance - Having a spouse actually saves money on your auto insurance policy. Having a spouse means you're more mature than a single person and it's proven that being married results in fewer claims.
Do you know your deductibles? - Physical damage deductibles represent how much money you are required to spend out-of-pocket in the event of a claim. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, insures against damage to your car. Some instances where coverage would apply would be colliding with a building, vandalism, or theft. The higher the amount you are required to pay out-of-pocket, the less your auto insurance will be.

More discounts equal less premium

Companies don't list all available discounts very well, so we took the time to find both the well known as well as the least known ways to save on auto insurance.

Fewer Miles Equal More Savings - Keeping the miles down can earn better rates on cars that stay parked.
Club Memberships - Being a member of a professional or civic organization could trigger savings when buying auto insurance.
Federal Government Employee - Simply working for the federal government may qualify you for a discount depending on your company.
Discount for Good Grades - Getting good grades can be rewarded with saving of up to 25%. This discount can apply up to age 25.
Paperless Signup - A handful of insurance companies may give you up to $50 for buying a policy and signing up online.
Homeowners Discount - Owning a home in Franklin may earn you a small savings because of the fact that having a home is proof that your finances are in order.
No Accidents - Drivers with accident-free driving histories can save substantially when compared with frequent claim filers.
Defensive Driving Course - Taking part in a defensive driving course could possibly earn you a 5% discount depending on where you live.
Save with a New Car - Adding a new car to your policy can save up to 30% due to better safety requirements for new cars.

Consumers should know that many deductions do not apply to all coverage premiums. Most only apply to individual premiums such as liability and collision coverage. So when the math indicates all those discounts means the company will pay you, companies don't profit that way.

For a list of insurers with the best auto insurance discounts in Pennsylvania, click this link.

More detailed Pennsylvania auto insurance information can be found at the Pennsylvania Insurance Department website. Visitors are able to find disaster information, find out which companies have the most complaints, download brochures, and file complaints about a company.

Other useful links include this resource for Pennsylvania auto insurance prices and this page of Franklin insurance agents.

Shop smart and save

Discount auto insurance is definitely available both online and also from your neighborhood Franklin agents, and you should compare price quotes from both to have the best rate selection. Some auto insurance companies may not provide online quoting and usually these regional insurance providers provide coverage only through local independent agents.

We covered many ideas to lower your auto insurance rates. The key concept to understand is the more companies you get rates for, the more likely it is that you will get a better rate. Consumers may even find the lowest rates come from some of the lesser-known companies. Smaller companies may often insure only within specific states and give getter rates as compared to the big name companies such as .