5 Tricks Shown to Save on Car Insurance Costs in Grand Junction
Searching for the lowest cost Grand Junction car insurance on the internet can be rather challenging for beginners to comparison shopping online. Because there are so many online companies, how can consumers even start to compare every one to find the best available rates?
Policy discounts you shouldn't miss
Properly insuring your vehicles can get expensive, but companies offer discounts that can drop the cost substantially. Certain discounts will be triggered automatically at the time of purchase, but lesser-known reductions have to be inquired about prior to receiving the credit.
- No Claims - Drivers who don't have accidents can earn big discounts when compared to drivers who are more careless.
- Own a Home - Simply owning a home may trigger a car insurance policy discount because of the fact that having a home requires personal responsibility.
- Government Employees - Active or retired federal employment can save as much as 8% with a few car insurance companies.
- Multiple Policy Discount - If you have multiple policies with one company you could get a discount of up to 20% off your total premium.
- Accident Waiver - Certain companies will forgive one accident before your rates go up if your claims history is clear prior to the accident.
It's important to note that most credits do not apply to all coverage premiums. The majority will only reduce individual premiums such as comp or med pay. So despite the fact that it appears it's possible to get free car insurance, you're out of luck. But any discount will bring down the amount you have to pay.
Save $429 a year? Really?
Car insurance providers like Progressive, Allstate and GEICO regularly use television and radio advertisements. They all say the same thing that you can save if you move your policy. How does each company make the same claim?
All companies have a preferred profile for the right customer that earns them a profit. An example of a driver they prefer could be between the ages of 40 and 55, insures multiple vehicles, and has great credit. Any new insured who fits that profile gets the lowest rates and is almost guaranteed to save when switching.
Potential customers who don't qualify for these standards will be quoted higher prices which usually ends up with business going elsewhere. Company advertisements say "customers that switch" but not "drivers who get quotes" save that kind of money. This is how insurance companies can advertise the savings.
This emphasizes why you should quote coverage with many companies. It's just too difficult to predict which insurance companies will fit your personal profile best.
More information is available on the Michigan Office of Financial and Insurance Regulation website located here. Consumers can read industry bulletins, report car insurance fraud, and download brochures.
Also read more on this online resource for car insurance quotes in Michigan and this list of insurance agents in Grand Junction.
Final considerations
Consumers who switch companies do it for a number of reasons such as high rates after DUI convictions, an unsatisfactory settlement offer, policy non-renewal and even denial of a claim. No matter why you want to switch, choosing a new insurance company is less work than it seems.
Lower-priced car insurance is definitely available from both online companies in addition to many Grand Junction insurance agents, so you should be comparing quotes from both so you have a total pricing picture. There are still a few companies who do not provide you the ability to get quotes online and these smaller companies work with independent agents.
When you buy insurance online, make sure you don't buy lower coverage limits just to save a few bucks. There are too many instances where drivers have reduced comprehensive coverage or liability limits to discover at claim time that the few dollars in savings costed them thousands. Your strategy should be to buy the best coverage you can find at a price you can afford while still protecting your assets.
