How to Know You're Throwing Money Away for Car Insurance in Harveys Lake

Sick and tired of robbing Peter to pay Paul each month for car insurance? You're in the same situation as the majority of other car owners in Pennsylvania.

With consumers having so many companies to choose from, it is hard for the average consumer to find the lowest cost provider.

It's important to get comparison quotes once or twice a year due to the fact that insurance rates are constantly changing. If you had the best rates a year ago you can probably find a better price now. There is a lot of wrong information about car insurance on the web, but we're going to give you some great ways to quit paying high car insurance rates.

Buying car insurance in Harveys Lake is quite easy. If you have car insurance now, you stand a good chance to be able to reduce your rates substantially using these methods. Nevertheless, Pennsylvania consumers do need to know the methods companies use to market on the web.

Understand what determines the rate you pay

Consumers need to have an understanding of some of the elements that come into play when calculating the rates you pay for car insurance. When you know what positively or negatively determines base rates helps enable you to make changes that can help you get lower car insurance prices.

The list below includes some of the items that factor into your rates.

How many coverages with the same company - The majority of companies give discounts to insureds who carry more than one policy, otherwise known as a multi-policy discount. If you currently are using one company, you may still want to comparison shop to confirm you are receiving the best rates possible. Consumers may find better rates by buying car insurance from a different company.
Frequent car insurance claims increase rates - If you are a frequent claim filer, you can definitely plan on either a policy non-renewal or much higher rates. Insurance companies in Pennsylvania provide discounts to policyholders who do not rely on their insurance for small claims. Auto insurance is intended for major claims that would cause financial hardship.
Bad driving skills means higher rates - Your driving record has a big impact on rates. Drivers with clean records receive lower rates than people who have multiple driving citations. Just one citation may increase your cost by twenty percent. Drivers who get severe violations such as hit and run, DWI or reckless driving convictions may be required to file a SR-22 to the state department of motor vehicles in order to drive a vehicle legally.
Rates may be higher depending on your occupation - Occupations like real estate brokers, architects and stock brokers are shown to have the highest rates attributed to job stress and lengthy work days. On the other hand, professions such as farmers, students and the unemployed pay the least.
Protect your assets with liability insurance - The liability section of your policy will protect you in the event that you are found liable for damages caused by your negligence. It will provide you with a defense in court starting from day one. Liability is cheap compared to insuring for physical damage coverage, so buy as much as you can afford.
Save money with special equipment - Driving a car that has an advanced theft prevention system can help lower your rates. Anti-theft devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder your car from being stolen.
Safer cars are cheaper to insure - Cars with high safety ratings are cheaper to insure. Safer cars have better occupant injury protection and any reduction in injury severity translates into fewer and smaller insurance claims passed on to you as lower rates.

Take advantage of discounts

Companies that sell car insurance don't list every available discount very well, so the following is a list of both the well known and the more hidden car insurance savings.

Anti-theft Discount - Anti-theft and alarm systems are stolen less frequently and qualify for as much as a 10% discount.
Driver's Ed - Cut your cost by having your teen driver take driver's ed class in high school.
Employee of Federal Government - Employees or retirees of the government can save as much as 8% with certain companies.
Good Students Pay Less - This discount can get you a discount of up to 25%. The good student discount can last up to age 25.
Senior Citizens - If you're over the age of 55, you can possibly qualify for a discount up to 10%.
No Claims - Claim-free drivers pay less compared to accident-prone drivers.
Organization Discounts - Being a member of a professional or civic organization could qualify you for a break on your policy.
Low Mileage - Keeping the miles down could qualify for lower rates on the low mileage vehicles.

Consumers should know that most credits do not apply to the entire cost. Some only reduce the cost of specific coverages such as comprehensive or collision. So when it seems like all the discounts add up to a free policy, companies don't profit that way.

To choose providers with the best car insurance discounts in Pennsylvania, follow this link.

Are car insurance companies telling the truth?

Companies like Allstate and Progressive regularly use ads on TV and radio. All the ads say the same thing of big savings if you move your policy. But how can every company claim to save you money?

All companies can use profiling for the right customer that makes them money. A good example of a preferred risk might be over the age of 40, has no tickets, and has excellent credit. Any driver who fits that profile will get very good rates and most likely will save a lot of money.

Potential insureds who don't qualify for this ideal profile will be charged more money which usually ends up with the customer not buying. The ads say "people who switch" not "people who quote" save that kind of money. That's why insurance companies can confidently make those claims. That is why you should get quotes from several different companies. You cannot predict the company that will have the lowest rates.

More Pennsylvania car insurance information

More tips and info about car insurance can be read at the Pennsylvania Insurance Department website. Visitors are able to read consumer alerts, download brochures, file complaints about a company, and read industry bulletins.

Other informative sites include BankRate.com's Car Insurance: When not to Skimp and this Harveys Lake agent directory.

The best insurance company isn't always the cheapest

While you're price shopping online, don't be tempted to buy poor coverage just to save money. Too many times, an insured dropped collision coverage and discovered at claim time they didn't purchase enough coverage. The aim is to find the BEST coverage at an affordable rate, not the least amount of coverage.

We just presented a lot of tips how to save on car insurance. The key concept to understand is the more quotes you get, the higher your chance of finding lower rates. You may be surprised to find that the lowest premiums are with a company that doesn't do a lot of advertising. Some small companies may often insure only within specific states and give getter rates than their larger competitors like .