Compare Fremont Auto Insurance Prices With These Methods

Are you intimidated by the crazy number of auto insurance company choices in Fremont? Lot's of other consumers are too. People have so many choices that it can turn into a big hassle to find better rates.

It's important to shop coverage around every six months because prices are constantly changing. Even if you got the best price last year the chances are good that you can find a lower rate today. Block out anything you think you know about auto insurance because you're about to find out the only way to find great coverage at a great price.

Are you getting all your discounts?

Companies that sell car insurance don't always list every available discount in a way that's easy to find, so we took the time to find both well-publicized and the more hidden discounts you could be receiving. If you aren't receiving every discount possible, you're paying more than you need to.

  • Discount for Good Grades - A discount for being a good student can earn a discount of 20% or more. This discount can apply until age 25.
  • Multi-car Discount - Buying coverage for more than one vehicle on the same auto insurance policy could earn a price break for each car.
  • Theft Prevention Discount - Vehicles with anti-theft systems help deter theft and qualify for as much as a 10% discount.
  • Payment Discounts - By paying your policy upfront instead of paying each month you could save up to 5%.
  • Memberships - Participating in a civic or occupational organization may earn a discount on your policy.

Keep in mind that some of the credits will not apply to all coverage premiums. Some only reduce the cost of specific coverages such as medical payments or collision. So when the math indicates all the discounts add up to a free policy, it just doesn't work that way.

To see a list of providers offering auto insurance discounts in Fremont, click here.

Michigan auto insurance

Compare Quotes for Fremont Auto Insurance

Most companies allow you to get coverage price quotes on their websites. This process is fairly simple as you simply enter the coverages you want as detailed in the form. Once you submit the form, the company's rating system will obtain your credit score and driving record and returns a price.

Online quotes streamlines rate comparisons, but having to visit each company's website and repetitively complete many quote forms can be a bit repetitive. But it's very important to do this in order to find the best price on auto insurance.

The preferred way to lower your rates uses one form that analyzes rates from more than one company. The form is fast, reduces the work, and makes online quotes a little more enjoyable. After sending your information, it is rated and you can choose your choice of the price quotes you receive. If the quotes result in lower rates, it's easy to complete the application and buy the new coverage. The entire process takes 15 minutes at the most and may save quite a bit of money.

To find out if lower rates are available, click here to open in new window and submit your coverage information. If you currently have coverage, we recommend you input your coverages as shown on your current policy. This makes sure you will have comparison quotes based on the exact same insurance coverage.

Tips to Get Lower Fremont Rates

An important part of buying insurance is that you know the factors that go into determining the price you pay for auto insurance. Having a good understanding of what influences your rates empowers consumers to make smart changes that can help you get much lower annual insurance costs.

Listed below are a few of the "ingredients" used by your company to calculate your rates.

  • Careful drivers pay lower rates - Your driving record has a huge affect on how much you pay. Even a single moving violation can bump up the cost twenty percent or more. Drivers who don't get tickets receive lower rates than bad drivers. Drivers who get serious violations like DUI or reckless driving may be required to submit a SR-22 form with their state DMV in order to continue driving.
  • Do you know your deductibles? - Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, protects your car from damage. A few examples of covered claims could be colliding with a building, damage from fire, and rolling your vehicle. The deductibles are the amount of money you are willing to pay before your auto insurance pays a claim. The higher the amount you have to pay, the less your auto insurance will be.
  • Bundling policies can get discounts - Most insurance companies give discounts to customers who consolidate policies with them such as combining an auto and homeowners policy. This can amount to 10 percent or more. Even with this discount, you may still want to compare rates to verify if the discount is saving money. You may still be able to find a better deal by splitting coverages up.
  • Optional equipment can affect rates - Choosing a vehicle that has an advanced theft prevention system can help bring down rates. Anti-theft features such as LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system can thwart auto theft.
  • Do you have enough liability coverage? - Liability insurance provides coverage in the event that a court rules you are at fault for personal injury or accident damage. Liability provides for a legal defense which can be incredibly expensive. Liability is cheap compared to physical damage coverage, so do not skimp.
  • Extra add-on coverages are wasting money - There are many extra coverages you can purchase on your auto insurance policy. Insurance for rental car reimbursement, better glass coverage and additional equipment coverage are some examples. These coverages may sound good at first, but now you might not need them so eliminate the coverages to reduce your premium.

How can State Farm and Allstate save drivers who switch?

Michigan consumers can't get away from ads that promise big savings from the likes of State Farm and Allstate. All the ads have a common claim that you can save if you switch your coverage to them.

How can each company make almost identical claims?

Insurance companies are able to cherry pick for the type of customer that is profitable for them. For example, a preferred risk could possibly be a mature driver, has no driving citations, and has great credit. A customer getting a price quote that hits that "sweet spot" will get very good rates and as a result will probably save when they switch companies.

Consumers who are not a match for the requirements will be charged higher prices and this can result in the driver buying from a lower-cost company. The ads say "people who switch" not "everybody who quotes" save that much money. That's the way insurance companies can advertise the savings. That is why drivers must get quotes from several different companies. It's impossible to know which auto insurance company will give you the biggest savings.

Best coverage at the best price

You just read a lot of techniques to compare auto insurance prices online. The key thing to remember is the more you quote, the more likely it is that you will get a better rate. You may be surprised to find that the best price on auto insurance is with a company that doesn't do a lot of advertising.

Affordable auto insurance can be found online as well as from independent agents in Fremont, and you need to price shop both in order to have the best price selection to choose from. There are still a few companies who don't offer the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.

As you prepare to switch companies, it's not a good idea to reduce coverage to reduce premium. There have been many cases where someone sacrificed physical damage coverage only to discover later that the small savings ended up costing them much more. Your goal should be to find the BEST coverage at an affordable rate, not the least amount of coverage.

Learn more about Michigan auto insurance

Additional detailed information can be found at the Michigan Office of Financial and Insurance Regulation website. Michigan consumers can file complaints about a company, report car insurance fraud, and read consumer alerts.