Free Guide to Paying Less for Montpelier Car Insurance Online

Did you fall for a flashy sales pitch and buy overpriced car insurance? Trust us, there are a lot of people in Montpelier just like you who feel imprisoned by their car insurance policy.

Drivers have multiple to pick from, and though it is a good thing to have a choice, it can be more challenging to compare rates.

It's important to take a look at other company's rates at least once a year because rates are constantly changing. If you had the best rates two years ago you may be paying too much now. Don't believe everything you read about car insurance online but I'm going to show you some great ways to slash your car insurance rates.

The purpose of this post is to tell you the most effective way to quote insurance and some tips to save money. If you are paying for car insurance now, you should be able to reduce your rates substantially using this information. Nevertheless, Vermont car owners do need to know how companies determine prices.

Quick Montpelier Car Insurance Quotes

There are several ways to compare car insurance prices and some are less time-consuming than others. You could spend your day talking about coverages with insurance companies in Montpelier, or you can stay home and use the web to get prices fast.

All the larger companies enroll in a system that allows shoppers to submit one quote, and every company then returns a price quote. This system prevents you from having to do quote requests to each individual car insurance company.

To submit your quote information now, click here (opens in new window).

The one disadvantage to using this type of form is you cannot specify which companies you want to price. So if you want to select specific insurance companies to compare rates, we have a listing of the cheapest car insurance companies in Vermont. View list of Vermont insurance companies.

It's up to you how you get prices quotes, just compare identical deductibles and coverage limits for every company. If you are comparing different values for each quote you will not be able to decipher which rate is best in Montpelier. Having just a slight variation in coverage limits may cause a big price difference. Just keep in mind that obtaining a wide range of quotes helps you find better pricing.

Montpelier Rates are Influenced by These Factors

It's important that you understand the rating factors that come into play when calculating your car insurance rates. Knowing what determines base rates enables informed choices that may reward you with big savings.

The list below includes some of the items car insurance companies consider when setting rates.

Drive less and save money - The more you drive in a year the more you will pay for car insurance. Most insurance companies rate vehicles determined by how the vehicle is used. Autos not used for work or commuting get more affordable rates compared to those used for work or business. Ask your agent if your car insurance policy shows the correct driver usage.
Better crash test results mean better rates - Vehicles with good safety scores tend to have better insurance rates. These vehicles reduce injuries and fewer injuries means lower claim amounts and thus lower rates.
Lower rates with optional equipment - Choosing a vehicle with anti-theft technology or alarm system can get you a discount on your car insurance. Anti-theft devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart your vehicle from being stolen.
Where you live is a factor - Choosing to live in less populated areas can be a good thing when it comes to car insurance. Drivers in populated areas have to deal with much more traffic and longer commute times. Lower population translates into fewer accidents and a lower car theft rate.
How's your driving record? - Your driving citation history has a lot to do with how much you pay for insurance. Careful drivers tend to pay less for car insurance than people who have multiple driving citations. Only having one citation can boost insurance rates forty percent or more. Drivers who have severe citations such as reckless driving, hit and run or driving under the influence may need to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to drive a vehicle legally.
Sex matters - Statistics demonstrate that women are safer drivers than men. However, don't assume that men are worse drivers. They both have accidents at a similar rate, but the males cause more damage and cost insurance companies more money. They also have more aggressive citations such as reckless driving.
High numbers of claims are not good - If you are a frequent claim filer, you can pretty much guarantee higher rates. Car insurance companies in Vermont give lower rates to policyholders who are claim-free. Insurance coverage is meant to be used in the event of the large, substantial claims.

Be sure to get all your discounts

The price of auto insurance can be rather high, but you can get discounts to help offset the cost. Some trigger automatically at quote time, but some may not be applied and must be specially asked for in order for you to get them.

Auto/Life Discount - Larger companies have a discount if you purchase auto and life insurance together.
Drive Less and Save - Keeping the miles down could qualify for better rates on cars that stay parked.
Pay Upfront and Save - If paying your policy premium upfront rather than paying monthly you may reduce your total bill.
Bundle and Save - When you have multiple policies with one company you may save approximately 10% to 15%.
Discount for Good Grades - Getting good grades can be rewarded with saving of up to 25%. The good student discount can last up to age 25.
55 and Retired - Older drivers can possibly qualify for better car insurance rates.
Service Members Pay Less - Having a family member in the military can result in better rates.
Federal Government Employee - Simply working for the federal government may qualify you for a discount with select insurance companies.

Consumers should know that most discount credits are not given the the whole policy. The majority will only reduce the price of certain insurance coverages like collision or personal injury protection. Just because it seems like all those discounts means the company will pay you, companies don't profit that way. Any qualifying discounts will bring down the amount you have to pay.

For a list of companies with the best car insurance discounts in Vermont, click this link.

Additional car insurance information can be read on the website for the Vermont Department of Financial Regulation. Click here for link. Consumers can file complaints about an insurance agent or broker, find disaster information, view a list of available companies, and view agent and company licensing information.

Other useful links include Auto Insurance 101 and this page where you can research Montpelier insurance agents.

Do the work, save more money

When buying insurance coverage, make sure you don't reduce needed coverages to save money. In many instances, an insured dropped full coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. The ultimate goal is to buy the best coverage you can find for the lowest price.

Cost effective car insurance is possible from both online companies and also from your neighborhood Montpelier agents, so you should compare both in order to have the best chance of saving money. Some insurance companies may not provide online quoting and most of the time these small insurance companies sell through independent agents.