Comparing Low-Cost Litchfield Auto Insurance

Sick and tired of not being able to afford each month for car insurance? You're in the same situation as many other Ohio drivers.

Because there are so many choices of insurance companies, it's difficult to locate the cheapest insurance company.

Finding the best rates in Litchfield is quite easy. Just about every vehicle owner who has to buy auto insurance will be able to reduce their rates. Nevertheless, Ohio drivers do need to know how the larger insurance companies sell online and use this information to your advantage.

These discounts can lower your rates

Companies don't always advertise every discount very well, so we break down both well-publicized as well as the least known savings tricks you should be using.

  • Claim Free - Claim-free drivers can save substantially when compared to drivers who are more careless.
  • Payment Method - If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save up to 5%.
  • One Accident Forgiven - Some insurance companies will forgive one accident before your rates go up if your claims history is clear for a particular time prior to the accident.
  • Theft Prevention System - Cars that have factory anti-theft systems are stolen less frequently and will save you 10% or more.
  • Clubs and Organizations - Participating in a professional or civic organization is a good way to get lower rates when shopping for auto insurance.
  • Multiple Vehicles - Buying coverage for multiple vehicles on one policy may reduce the rate for each vehicle.
  • Paperwork-free - A handful of insurance companies will discount your bill up to fifty bucks simply for signing online.

It's important to understand that most discounts do not apply to the entire cost. Most only reduce individual premiums such as comp or med pay. So when it seems like all those discounts means the company will pay you, it doesn't quite work that way.

How to Lower your Auto Insurance Rates

Smart consumers have a good feel for the different types of things that help determine the price you pay for auto insurance. When you know what positively or negatively determines base rates empowers consumers to make smart changes that will entitle you to big savings.

  • Occupation reflects on rates - Did you know that where you work can have an impact on rates? Careers like lawyers, business owners and stock brokers have the highest rates because of job stress and lots of time spent at work. On the other hand, occupations such as farmers, students and performers get better rates.
  • Optional equipment can affect rates - Driving a car with an alarm system can help lower your rates. Theft prevention features like LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system all hinder car theft.
  • Women pay lower rates - The statistics show women tend to be less risk to insure than men. However, this does not mean women are BETTER drivers than men. They both are in accidents in similar percentages, but the men have costlier accidents. Men also statistically receive more costly citations such as DWI and reckless driving. Male drivers age 16 to 19 are most likely to cause an accident and therefore are the most expensive to insure.
  • Multiple policies with one company can save - Many insurers provide better rates to customers who consolidate policies with them, otherwise known as a multi-policy discount. If you currently are using one company, you still need to compare other company rates to verify if the discount is saving money. You may still find better rates by buying auto insurance from a different company.
  • Protect yourself with liability coverage - Liability coverage will protect you when a court rules you are at fault for personal injury or accident damage. Liability provides for a legal defense which can cost thousands of dollars. Liability insurance is quite affordable when compared with rates for comp and collision, so do not cut corners here.
  • Pay less after the wedding - Having a spouse can get you a discount on your policy. Having a significant other translates into being more mature and responsible and it's proven that drivers who are married are more cautious.
  • Older drivers pay less - Teen drivers in Ohio are known to be careless and easily distracted in a vehicle so auto insurance rates are higher. Mature drivers are more cautious drivers, file fewer claims and get fewer tickets.

Are you falling for claims of savings?

Auto insurance providers like Progressive, Allstate and GEICO continually stream ads on television and other media. They all make an identical promise of big savings after switching your coverage to them. But how can every company make almost identical claims?

All the different companies can use profiling for the type of customer that earns them a profit. For example, a driver they prefer could possibly be between the ages of 40 and 55, has no tickets, and drives newer vehicles. A customer getting a price quote who meets those qualifications will get the preferred rates and as a result will probably save a lot of money.

Consumers who are not a match for this ideal profile will be quoted higher prices and ends up with the driver buying from a lower-cost company. The ads state "customers that switch" not "everybody who quotes" save that much money. That's why insurance companies can confidently claim big savings. This emphasizes why drivers should get a wide range of price quotes. It's impossible to know the company that will give you the biggest savings.

More Ohio auto insurance information

More tips and info about auto insurance can be found at the Ohio Department of Insurance website. Ohio consumers can read industry bulletins, view a list of available companies, learn about insurance regulations, and read consumer alerts.

Also read more on this online resource for auto insurance quotes in Ohio and this list of insurance agents in Litchfield.

compare Litchfield auto insurance rates

Final considerations

Low-cost auto insurance can be sourced online as well as from independent agents in Litchfield, so you should be comparing quotes from both in order to have the best price selection to choose from. A few companies don't offer you the ability to get quotes online and these regional insurance providers work with independent agents.

When trying to cut insurance costs, do not skimp on coverage in order to save money. There are too many instances where an insured dropped uninsured motorist or liability limits only to regret that it was a big mistake. Your strategy should be to get the best coverage possible at a price you can afford while still protecting your assets.