5 Simple Tips to Lower Car Insurance Costs in Hatboro

Shopping for the cheapest Hatboro car insurance on the web may be intimidating for consumers new to shopping for insurance online. Since there are so many online companies, how can consumers have a chance to compare the different rates to find the cheapest rates?

It's important to compare prices quite often since rates are constantly changing. Just because you found the best deal on your last policy a different company probably has better rates today. So just ignore everything you know about car insurance because we're going to show you the proper way to find lower rates on car insurance.

The purpose of this article is to help you learn how car insurance quotes work and some money-saving tips. If you currently have car insurance, you should be able to save some money using this strategy. But Pennsylvania consumers do need to know how companies sell online and take advantage of how the system works.

Are you getting all your discounts?

The cost of insuring your cars can be expensive, but you can get discounts that you may not know about. Some trigger automatically at the time you complete a quote, but some must be inquired about prior to getting the savings.

College Student - Any of your kids who live away from home and don't have a car can be insured at a reduced rate.
Senior Citizens - If you qualify as a senior citizen, you may receive better car insurance rates.
Multiple Cars - Buying coverage for all your vehicles on one policy can get a discount on all vehicles.
Braking Control Discount - Cars that have steering control and anti-lock brakes can avoid accidents and therefore earn up to a 10% discount.
Auto/Life Discount - Select insurance companies reward you with a break if you buy life insurance from them.

Drivers should understand that many deductions do not apply to the overall cost of the policy. The majority will only reduce specific coverage prices like liability, collision or medical payments. So even though they make it sound like you could get a free car insurance policy, companies wouldn't make money that way. But all discounts will help reduce the cost of coverage.

Tailor your coverage to you

When it comes to buying proper insurance coverage for your personal vehicles, there really is no "best" method to buy coverage. Every situation is different.

For instance, these questions may help you determine whether you would benefit from an agent's advice.

Why does it cost so much to insure a teen driver in Hatboro?
Am I covered by my employer's commercial auto policy when driving my personal car for business?
Am I covered when driving on a suspended license?
Can I get a multi-policy discount for packaging my home and auto coverage?
What are the financial responsibility laws in Pennsylvania?
Does my policy cover my teen driver if they drive my company car?
Do I have coverage when using my vehicle for my home business?
Should I drop comprehensive coverage on older vehicles?

If it's difficult to answer those questions but a few of them apply then you might want to talk to a licensed insurance agent. To find an agent in your area, take a second and complete this form.

How can Progressive, GEICO, Allstate and State Farm save drivers who switch?

Car insurance companies such as Progressive, GEICO, Allstate and State Farm consistently run ads on television and other media. They all seem to make the same claim that you'll save big if you change to their company. But how can every company claim to save you money? It's all in the numbers.

Different companies have a preferred profile for the driver that earns them a profit. An example of a desirable insured might be between 25 and 40, insures multiple vehicles, and has great credit. Any new insured who matches those parameters gets the lowest rates and as a result will probably save a lot of money.

Potential customers who are not a match for this ideal profile will have to pay a more expensive rate which leads to the customer not buying. Company advertisements say "customers who switch" not "everybody who quotes" save that much. This is how companies can advertise the savings.

Because of the profiling, drivers should compare many company's rates. It's just too difficult to predict which insurance companies will fit your personal profile best.

Much more information about car insurance in Pennsylvania is available on the Pennsylvania Insurance Department website found here. Visitors are able to read enforcement actions against agents and companies, report car insurance fraud, and file complaints about an insurance agent or broker.

Also read more on this Car Insurance FAQ and this page of insurance agents in Hatboro.

Affordable insurance is out there

When you buy insurance online, do not skimp on coverage in order to save money. There are many occasions where drivers have reduced liability limits or collision coverage only to find out that the few dollars in savings costed them thousands. Your aim should be to buy the best coverage you can find at the best price.

Budget-conscious car insurance can be sourced both online and also from your neighborhood Hatboro agents, so you should compare both to have the best rate selection. There are still a few companies who may not provide you the ability to get quotes online and most of the time these smaller companies sell through independent agents.

Insureds leave their current company for a variety of reasons including not issuing a premium refund, lack of trust in their agent, delays in paying claims and even an unsatisfactory settlement offer. Regardless of your reason for switching companies, finding a new car insurance company is less work than it seems.