Consumer Tested Strategies to Save on Lakota Car Insurance

Have you had enough of trying to scrape together enough money each month for car insurance? You are no different than many other North Dakota consumers.

Multiple compete to insure your vehicles, so it's not easy to compare every to get the lowest price

Tips to Get Lower Lakota Rates

Consumers need to have an understanding of the factors that play a part in calculating the rates you pay for car insurance. Understanding what influences your rates empowers consumers to make smart changes that could result in much lower annual insurance costs.

Shown below are some of the items used by your company to calculate premiums.

Higher safety ratings means cheaper insurance - Vehicles with high crash test scores get lower rates. Safe vehicles protect occupants better and any reduction in injury severity translates into fewer and smaller insurance claims and lower rates for you.
Special features that cut premiums - Driving a car with an alarm system can save you a little every year. Theft prevention devices such as LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system all hinder auto theft.
Low deductibles can be expensive - The deductibles represent how much money you are willing to pay out-of-pocket before a claim is paid by your company. Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, protects your car from damage. A few examples of covered claims would be colliding with a building, damage from fire, or theft. The more expense you have to pay, the less your company will charge you for insurance.
Your stress level may be raising your rates - Occupations such as real estate brokers, social workers and accountants have higher rates than average because of high stress and long work days. On the flip side, professions such as farmers, athletes and retirees get better rates.
Extra add-on coverages are wasting money - There are quite a few extra bells and whistles that you can get tricked into buying when buying car insurance. Coverages like roadside assistance, accidental death and additional equipment coverage are some examples. These coverages may sound good when you first buy your policy, but now you might not need them so get rid of them and save.
Men are more aggressive - The statistics show that men are more aggressive behind the wheel. Now that doesn't mean women are BETTER drivers than men. Both sexes tend to get into accidents at a similar rate, but the male of the species tend to have more serious accidents. Men also tend to get more serious tickets like DUI and reckless driving.
Bad driving skills means higher rates - Whether or not you get tickets impacts your car insurance rates tremendously. Drivers who don't get tickets have lower premiums than their less careful counterparts. Even a single speeding ticket can bump up the cost by twenty percent. Drivers with dangerous tickets such as DUI or reckless driving are required to file a SR-22 to the state department of motor vehicles in order to prevent a license revocation.

Save big with these discounts

Companies don't always advertise all available discounts in an easy-to-find place, so the following is a list of both the well known as well as the least known discounts you could be receiving.

Fewer Miles Equal More Savings - Low mileage vehicles could qualify for a substantially lower rate.
Student Driver Training - Cut your cost by having your teen driver enroll in driver's education if offered at their school.
Multiple Cars - Insuring all your vehicles with the same company may reduce the rate for each vehicle.
Lower Rates for Military - Being deployed with a military unit could be rewarded with lower premiums.
Claim Free - Claim-free drivers pay less when compared with accident-prone drivers.

Keep in mind that some of the credits will not apply to the entire cost. Most only apply to individual premiums such as liability and collision coverage. So when the math indicates adding up those discounts means a free policy, it just doesn't work that way.

To choose insurers with discount car insurance rates in Lakota, click here.

Car insurance ads bend the truth

21st Century, Allstate and State Farm consistently run ads on TV and radio. All the companies have a common claim that you can save if you change your coverage to them. How do they all claim to save you money?

Insurance companies can use profiling for the type of customer that makes them money. A good example of a profitable customer might be a mature driver, has no tickets, and has great credit. Any driver that hits that "sweet spot" is entitled to the best price and most likely will cut their rates substantially.

Potential customers who fall outside the "perfect" profile must pay a higher premium and this can result in the customer not buying. The ads state "customers that switch" not "people who quote" save that much money. That's why insurance companies can advertise the savings. This illustrates why you should compare many company's rates. You cannot predict the company that will fit your personal profile best.

More North Dakota car insurance information

Additional detailed information can be read at the North Dakota Insurance Department website. Visitors are able to find disaster information, view a list of available companies, report car insurance fraud, and read industry bulletins.

Shop smart and save

Affordable car insurance is attainable both online as well as from independent agents in Lakota, and you need to price shop both to have the best rate selection. There are still a few companies who don't offer online price quotes and usually these small insurance companies provide coverage only through local independent agents.

When you buy insurance online, never buy poor coverage just to save money. There are a lot of situations where an insured dropped full coverage and found out when filing a claim that the few dollars in savings costed them thousands. The proper strategy is to buy a smart amount of coverage at a price you can afford while not skimping on critical coverages.