Car Insurance in Lidgerwood - 5 Discounts You Might be Losing Out On

If online car insurance comparisons are new to you, it's easy to get overwhelmed by the vast number of car insurance companies all offering big savings in Lidgerwood.

It's important to check car insurance prices periodically since rates are constantly changing. Even if you got the best rates six months ago you will most likely find a better rate today. There is a lot of bad advice regarding car insurance online, so I'm going to show you some great ways to put money back in your pocket.

If you currently have car insurance, you will most likely be able to reduce your rates substantially using these techniques. The purpose of this article is to familiarize you with the most effective way to quote insurance and some tricks to saving. But North Dakota consumers do need to know the way companies price online insurance.

More discounts equal less premium

Insuring your vehicles can cost a lot, but there are discounts available that many people don't even know exist. Certain discounts will be applied when you get a quote, but some may not be applied and must be requested specifically before you will receive the discount.

  • Accident Forgiveness - A handful of insurance companies will forgive one accident before your rates go up as long as you don't have any claims for a certain period of time.
  • Early Signing - Some insurance companies reward drivers for buying a policy prior to your current policy expiring. This can save 10% or more.
  • Anti-theft System - Cars that have factory anti-theft systems help deter theft and will save you 10% or more.
  • Payment Discounts - If you pay your entire premium ahead of time instead of monthly or quarterly installments you can actually save on your bill.
  • Bundle and Save - If you have multiple policies with the same insurance company you may earn 10% to 20% off each policy.

Consumers should know that most discount credits are not given to the entire policy premium. Most cut individual premiums such as liability, collision or medical payments. So even though it sounds like you would end up receiving a 100% discount, companies don't profit that way. But all discounts will reduce your premiums.

It's not one size fits all

When it comes to buying coverage for your vehicles, there really is not a "best" method to buy coverage. Everyone's needs are different.

Here are some questions about coverages that may help highlight if you might need an agent's assistance.

  • Does my policy cover me when driving someone else's vehicle?
  • Does my car insurance cover rental cars?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Are my tools covered if they get stolen from my vehicle?
  • What are the best liability limits?
  • Can I rate high risk drivers on liability-only vehicles?

If you're not sure about those questions but a few of them apply, then you may want to think about talking to an agent. If you don't have a local agent, take a second and complete this form.

Switch companies and save? Really?

Car insurance companies such as State Farm, GEICO and Progressive constantly bombard you with ads in print and on television. They all seem to make an identical promise that you'll save big if you switch to them. How can each company claim to save you money?

Different companies have a certain "appetite" for the type of driver that earns them a profit. A good example of a desirable insured might be between the ages of 30 and 50, a clean driving record, and has a high credit rating. Any new insured who meets those qualifications gets the lowest rates and therefore will save when they switch companies.

Drivers who do not match the requirements will have to pay higher premiums and ends up with the customer not buying. The ads say "customers that switch" not "everyone that quotes" save money. That is how companies can state the savings.

Because of the profiling, you should get quotes from several different companies. It's just too difficult to predict which company will have the lowest rates.

Much more information about car insurance in North Dakota can be read on the North Dakota Insurance Department website located here. Visitors are able to learn about insurance regulations, file complaints about a company, and read consumer alerts.

North Dakota car insurance

Do the work, save more money

Discount car insurance can be found both online and with local Lidgerwood insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance companies do not offer you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.

We just covered some good ideas how you can reduce car insurance prices online. The key thing to remember is the more rate comparisons you have, the better your comparison will be. Consumers could even find that the lowest rates come from a small local company.

As you restructure your insurance plan, it's not a good idea to buy lower coverage limits just to save a few bucks. In many cases, someone dropped collision coverage and discovered at claim time that they should have had better coverage. Your aim should be to purchase plenty of coverage at a price you can afford.