Proven Ways to Save on Lake Harmony Auto Insurance

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

Because you have many different company options, it can be challenging to pick the most cost effective insurance company.

It's important to take a look at other company's rates before your policy renews because prices are constantly changing. Just because you found the best price last year the chances are good that you can find a lower rate today. Forget anything you know (or think you know) about auto insurance because you're about to learn the quickest way to properly buy coverages while reducing your premium.

Policy discounts you shouldn't miss

Car insurance is not cheap, but you can get discounts that you may not know about. Some discounts apply automatically at the time you complete a quote, but less common discounts must be asked for prior to getting the savings.

Multi-policy Discount - When you combine your home and auto insurance with one company you will save up to 20% off your total premium.
No Accidents - Claim-free drivers can save substantially compared to bad drivers.
Homeowners Pay Less - Being a homeowner may trigger a auto insurance policy discount because maintaining a house is proof that your finances are in order.
Good Students Pay Less - A discount for being a good student can get you a discount of up to 25%. This discount can apply up until you turn 25.
Multiple Cars - Buying insurance for all your vehicles on the same auto insurance policy can get a discount on all vehicles.

Keep in mind that most of the big mark downs will not be given to the entire cost. Most only apply to specific coverage prices like comprehensive or collision. So even though it sounds like all the discounts add up to a free policy, it just doesn't work that way. But any discount will help reduce the amount you have to pay.

To see a list of providers with discount auto insurance rates in Pennsylvania, follow this link.

Cheap Lake Harmony Auto Insurance Comparisons

The are a couple different ways of comparing price quotes and find the best price. The best method to compare insurance prices is to get quotes online. This can be done using a couple different methods.

The best way to get quotes for comparison is a comparison rater form click to view form in new window. This method eliminates the need for separate forms for every auto insurance company. In just a few minutes this one form gets you price quotes from several companies.
A more difficult way to shop for auto insurance online requires a trip to the website for each individual company and request a quote. For examples sake, we'll pretend you want rates from , and . To get rate quotes you would need to take the time to go to each site to input your insurance information, which is why the first method is quicker. For a list of links to companies insuring cars in Lake Harmony, click here.

Whichever way you use, ensure you're using apples-to-apples quote information with every price quote. If you use mixed coverages you can't possibly find the best deal in Lake Harmony. Just a small difference in limits may cause a big price difference. And when price shopping your coverage, obtaining a wide range of quotes gives you a better chance of getting a better price.

Lake Harmony Rates are Influenced by These Factors

An important part of buying insurance is that you know some of the elements that play a part in calculating the price you pay for auto insurance. When you know what positively or negatively influences your rates enables informed choices that can help you get lower auto insurance prices.

Bundling policies can get discounts - Some companies give discounts to customers who have multiple policies with them, otherwise known as a multi-policy discount. Even with this discount, it's still a good idea to compare rates to ensure the best deal. Drivers may still find better rates by splitting coverages up.
Do you work long hours in a high stress job? - Occupations like lawyers, architects and stock brokers tend to have the highest rates due to high stress and lengthy work days. On the other hand, occupations like farmers, students and retirees receive lower rates.
Bump up deductibles to save - Physical damage coverage, termed comprehensive and collision coverage on your policy, protects your car from damage. Some instances where coverage would apply could be collision with another vehicle, damage caused by hail, or theft. Your deductibles are the amount of money you are willing to pay out-of-pocket in the event of a claim. The higher the amount you are required to pay out-of-pocket, the less your company will charge you for insurance.
Careful drivers pay lower rates - Your driving record has a big impact on rates. Even a single moving violation can boost insurance rates by as much as thirty percent. Careful drivers get better rates than their less careful counterparts. Drivers who get dangerous violations like reckless driving, hit and run or driving under the influence may be required to submit a SR-22 or proof of financial responsibility with their state DMV in order to prevent a license revocation.
Mature drivers pay less - Teen drivers in Pennsylvania have a tendency to be less responsible in a vehicle so auto insurance rates are higher. Mature drivers tend to be more responsible, tend to file fewer claims and are safer drivers.
Marriage pays dividends - Having a spouse helps lower the price when buying auto insurance. Marriage means you're more mature and statistics show drivers who are married are more cautious.
Males pay more for insurance - The statistics show women tend to be less risk to insure than men. Now that doesn't mean men are worse drivers. Women and men have accidents in similar percentages, but men tend to have more serious accidents. Men also get cited for more serious violations such as DWI and reckless driving.
Credit scores impact auto insurance rates - Your credit score is a big factor in your rate calculation. Drivers who have high credit scores tend to be better drivers and file fewer claims than drivers who have lower credit scores. If your credit history is low, you could pay less to insure your by improving your rating.

Save $429 a year? Really?

Companies like Allstate and Progressive consistently run television and radio advertisements. All the ads say the same thing that you can save if you change to their company. But how can every company make almost identical claims? It's all in the numbers.

All companies can use profiling for the driver that is profitable for them. For example, a preferred risk could possibly be over the age of 50, is a homeowner, and has great credit. A customer getting a price quote who fits that profile is entitled to the best price and is almost guaranteed to save a lot of money.

Potential customers who don't qualify for this ideal profile will be charged a more expensive rate which usually ends up with the driver buying from a lower-cost company. The ads state "customers who switch" but not "drivers who get quotes" save that much. That's why insurance companies can advertise the savings.

That is why drivers must get as many quotes as possible. It's impossible to know the company that will give you the biggest savings.

Final considerations

As you prepare to switch companies, don't be tempted to reduce coverage to reduce premium. Too many times, an accident victim reduced physical damage coverage only to discover later that the small savings ended up costing them much more. The aim is to buy a smart amount of coverage at the best price, not the least amount of coverage.

Affordable auto insurance can be sourced online and also from your neighborhood Lake Harmony agents, and you should be comparing both to have the best rate selection. There are still a few companies who may not provide the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.

Learn more today

More information can be found on the website for the Pennsylvania Insurance Department found here. Pennsylvania consumers can read consumer alerts, read industry bulletins, report car insurance fraud, and file complaints about a company.

Additional helpful sites include Wikipedia and this Lake Harmony agent directory.