Free Guide to Spending Less for Mendon Auto Insurance Online

Paying for high-priced auto insurance can dwindle your personal savings and force you to make sacrifices. Comparison shopping is free and is an excellent way to tighten up your finances.

You have multiple to buy insurance from, and even though it's nice to be able to choose, having more makes it harder to compare rates.

Why some people pay less for insurance in Mendon

Consumers need to have an understanding of the rating factors that come into play when calculating the price you pay for auto insurance. Knowing what impacts premium levels allows you to make educated decisions that could result in better auto insurance rates.

The list below includes some of the items companies use to determine premiums.

Add-on coverages can add up - There are a lot of add-on coverages that you can get tricked into buying on your auto insurance policy. Coverages for personal injury protection, accidental death and motor club memberships may be wasting your money. These may sound like a good investment when you first buy your policy, but if you don't need them eliminate them to save money.
Being married can save on auto insurance - Getting married actually saves money on your auto insurance policy. Having a spouse is viewed as being more responsible and it's proven that married drivers get in fewer accidents.
Save money with special equipment - Purchasing a vehicle with an alarm system can get you a discount on your auto insurance. Anti-theft devices like GM's OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping your vehicle from being stolen.
High deductibles save money - Physical damage deductibles represent how much money you are required to spend out-of-pocket if you file a covered claim. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Examples of covered claims could be colliding with a building, vandalism, and burglary. The more expense you're willing to pay, the bigger discount you will receive.
A lapse in coverage is a bad thing - Not having insurance is a misdemeanor and your next policy will cost more because you let your coverage lapse. And not only will insurance be more expensive, failure to provide proof of insurance can result in a hefty fine and possibly a revoked license.You may then be required to provide proof of insurance in the form of an SR-22 filing with the Ohio motor vehicle department to get your license reinstated.
Rates may be lower depending on your job - Occupations such as real estate brokers, executives and financial analysts tend to pay higher average rates because of high stress levels and long work hours. Conversely, jobs such as pilots, engineers and the unemployed have the lowest average rates.

Don't pay full price with these discounts

Companies don't list all available discounts very clearly, so the following is a list of both well-publicized as well as the least known ways to save on auto insurance.

Fewer Miles Equal More Savings - Keeping the miles down could qualify for better rates on cars that stay parked.
Own a Home - Owning a home in Mendon may earn you a small savings because of the fact that having a home demonstrates responsibility.
Pay Upfront and Save - If paying your policy premium upfront instead of making monthly payments you can actually save on your bill.
Paperless Signup - Some insurance companies will discount your bill up to fifty bucks for buying your policy over the internet.
More Vehicles More Savings - Having multiple cars or trucks with the same company may reduce the rate for each vehicle.
Auto/Home Discount - If you insure your home and vehicles with the same insurance company you could get a discount of 10% to 20% off each policy.

A little note about advertised discounts, many deductions do not apply to all coverage premiums. Some only reduce individual premiums such as liability and collision coverage. Even though it may seem like you could get a free auto insurance policy, you won't be that lucky.

To choose insurers with the best auto insurance discounts in Ohio, click this link.

The auto insurance bait and switch

21st Century, Allstate and State Farm regularly use ads in print and on television. All the companies make the same claim about savings if you move to them. How does each company make almost identical claims?

Different companies have a preferred profile for the type of driver that makes them money. A good example of a profitable customer could possibly be over the age of 40, insures multiple vehicles, and has excellent credit. A customer getting a price quote who matches those parameters will get very good rates and therefore will save when switching.

Potential insureds who don't measure up to these standards must pay more money which leads to the driver buying from a lower-cost company. The ads say "customers that switch" not "everyone that quotes" save money. This is how companies can truthfully make those claims. This illustrates why you should compare many company's rates. It's impossible to know which insurance companies will have the lowest rates.

Even more information can be read at the Ohio Department of Insurance website. Ohio consumers can discover disciplinary actions, get help finding coverage, view a list of available companies, and report car insurance fraud.

Shop smart and save

Cheaper auto insurance is possible online and with local Mendon insurance agents, and you need to comparison shop both to have the best chance of lowering rates. Some companies do not offer online price quotes and usually these small insurance companies provide coverage only through local independent agents.

While you're price shopping online, never buy poor coverage just to save money. There are a lot of situations where drivers have reduced full coverage and found out when filing a claim they didn't purchase enough coverage. The proper strategy is to find the BEST coverage at a price you can afford while not skimping on critical coverages.