How to Know You're Wasting Money for Auto Insurance in Metamora

Did you fall for a flashy sales pitch and buy high-priced auto insurance? Trust us, many consumers are feeling buyer's remorse and feel like there's no way out. Numerous battle to insure your vehicles, so it can be very hard to choose a and get the definite lowest price

It's important to do rate comparisons at least once a year because insurance rates are constantly changing. Despite the fact that you may have had the best price on your last policy the chances are good that you can find a lower rate today. Ignore everything you know about auto insurance because I'm going to let you in on the secrets to one of the best ways to find great coverage at a great price.

These discounts can lower your rates

The cost of insuring your cars can be expensive, but you may find discounts to cut the cost considerably. Larger premium reductions will be automatically applied when you get a quote, but less common discounts must be inquired about before you will receive the discount. If they aren't giving you every credit possible, you're paying more than you need to.

Save over 55 - Mature drivers may be able to get reduced rates.
Driver Safety - Successfully completing a course in driver safety could possibly earn you a 5% discount and easily recoup the cost of the course.
Memberships - Participating in certain professional organizations may earn a discount on auto insurance.
Anti-lock Brakes - Anti-lock brake equipped vehicles can reduce accidents and therefore earn up to a 10% discount.
Payment Method - By paying your policy upfront instead of paying each month you can actually save on your bill.

It's important to note that some of the credits will not apply the the whole policy. A few only apply to the cost of specific coverages such as liability, collision or medical payments. Even though it may seem like adding up those discounts means a free policy, you're out of luck. But any discount will cut the cost of coverage.

To see a list of companies who offer auto insurance discounts in Metamora, click here.

Comprehensive Metamora Auto Insurance Comparison Quotes

Most companies such as Progressive, GEICO, Allstate and State Farm allow you to get pricing on their websites. Getting online rates is pretty easy as you just type in the coverage amounts you desire as detailed in the form. Once you submit the form, the company's rating system will obtain reports for credit and driving violations and generates a price based on these factors. Quoting online makes comparing rates easy, but the time required to go to each company's website and repetitively enter the same data into a form can be a bit repetitive. But it's very important to perform this step in order to find better auto insurance pricing.

There is a better way!

The preferred way to find better auto insurance pricing uses one simple form that gets price quotes from a bunch of companies at once. The form is fast, helps eliminate reptitive entry, and makes online quotes much simpler. After sending your information, it is rated and you can select any of the price quotes you receive.

If the quotes result in lower rates, you can simply submit the application and buy the new coverage. The entire process takes 15 minutes at the most and could lower your rates considerably.

To save time and find out what other companies charge, click here to open in new window and complete the simple form. If you currently have coverage, we recommend you type in your coverages exactly as shown on your declarations page. This makes sure you will have comparison quotes based on the exact same insurance coverage.

Why some people pay less for insurance in Metamora

An important part of buying insurance is that you know the factors that help determine the price you pay for auto insurance. Understanding what influences your rates allows you to make educated decisions that may reward you with much lower annual insurance costs.

Men pay higher rates - Statistics demonstrate that men are more aggressive behind the wheel. However, this does not mean women are better drivers. Both sexes are in accidents in similar percentages, but the males have costlier accidents. They also get more serious tickets such as DWI and reckless driving. Young males are several times more likely to be in an accident and therefore have the most expensive auto insurance rates.
Add-on coverages can add up - There are a ton of extra coverages that you can buy on your auto insurance policy. Coverages like rental car reimbursement, towing coverage and motor club memberships are some examples. These coverages may sound good at first, but if you don't need them get rid of them and save.
Mature drivers pay less - Older insureds are viewed as being more responsible, statistically cause fewer accidents and get fewer tickets. Teen drivers are known to be less responsible when behind the wheel therefore auto insurance rates are much higher.
Liability insurance protects assets - Liability coverage provides coverage if ever a court rules you are at fault for damages from an accident. Liability provides for a legal defense which can be incredibly expensive. This coverage is very inexpensive when compared with rates for comp and collision, so do not skimp.
More than one policy can earn a discount - Many insurance companies will give a discount to customers who consolidate policies with them. It's known as a multi-policy discount. This can amount to 10 percent or more. Even with this discount, you may still want to compare rates to make sure you are getting the best deal. You may still find a better deal by splitting coverages up.
Theft deterrents lower rates - Choosing a vehicle that has an advanced theft prevention system can save you a little every year. Theft prevention features such as GM's OnStar, tamper alarm systems and vehicle immobilizers can thwart auto theft.
Being married is a good thing - Having a spouse can get you a discount on auto insurance. It is viewed as being more mature and it's statistically proven that being married results in fewer claims.

Are you falling for claims of savings?

Michigan consumers can't get away from ads that promise big savings by companies like Progressive, GEICO, Allstate and State Farm. They all seem to have a common claim that you can save after switching to them.

How do they all make almost identical claims?

Insurance companies are able to cherry pick for the type of driver that is profitable for them. For example, a desirable insured could possibly be a mature driver, has no tickets, and has great credit. A driver that hits that "sweet spot" receives the best rates and as a result will probably cut their rates substantially.

Drivers who are not a match for the "perfect" profile will have to pay higher premiums and this can result in the driver buying from a lower-cost company. Company advertisements say "people who switch" not "everybody who quotes" save money. That's the way insurance companies can advertise the savings.

Because of the profiling, drivers must get a wide range of price quotes. It is impossible to predict which auto insurance company will fit your personal profile best.

A tidy conclusion

When you buy insurance online, never reduce coverage to reduce premium. There are many occasions where an insured dropped physical damage coverage only to discover later that the few dollars in savings costed them thousands. Your aim should be to buy enough coverage at an affordable rate.

Lower-priced auto insurance can be bought online and with local Metamora insurance agents, and you need to price shop both to have the best chance of lowering rates. There are still a few companies who do not offer the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

Find out more about auto insurance

More information can be found on the website for the Michigan Office of Financial and Insurance Regulation through this link. Michigan consumers can learn about insurance regulations, discover disciplinary actions, read enforcement actions against agents and companies, and find out which companies have the most complaints.