Tightwads Instructions on Saving on Murray Car Insurance

Did you fall for a flashy sales pitch and buy an underperforming, overpriced car insurance policy? Believe me when I say you're not alone.

Lots of contend for your insurance dollar, so it can be very hard to choose a to find the absolute lowest price

If you currently have car insurance, you will be able to save some money using these techniques. Choosing the best insurance company for you in Murray is not that difficult. Although Utah car owners do need to know the way companies sell online and take advantage of how the system works.

What determines how much you pay?

Consumers need to have an understanding of the factors that help determine your car insurance rates. Understanding what impacts premium levels allows you to make educated decisions that could result in better car insurance rates.

The following are some of the factors companies use to determine premiums.

  • Don't skimp on liability - Liability coverage provides coverage if you are found to be at fault for damages from an accident. Liability insurance provides legal defense coverage up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so do not skimp.
  • Being married is a good thing - Being married can get you a discount on car insurance. Having a spouse is viewed as being more responsible and statistics show being married results in fewer claims.
  • Is your vehicle built for speed? - The performance level of the vehicle you are insuring makes a big difference in your rates. Economy passenger models generally receive the lowest base rates, but the final cost of insurance is determined by many other factors.
  • How's your driving record? - Whether or not you get tickets impacts your car insurance rates tremendously. Good drivers get better rates compared to drivers with tickets. Even a single moving violation can increase rates forty percent or more. Drivers with flagrant tickets such as DWI, reckless driving or hit and run convictions are required to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to keep their license.
  • Higher safety ratings means cheaper insurance - Safer cars get lower rates. Safe vehicles result in less severe injuries and fewer injuries means lower claim amounts and lower rates for you.
  • Do you qualify for a multi-policy discount? - Many insurance companies will award you with lower prices to policyholders who buy several policies from them. It's known as a multi-policy discount. Discounts can be 10 percent or more. Even if you're getting this discount it's still a good idea to comparison shop to make sure you are getting the best deal. You may still find a better deal by insuring with multiple companies.

Compare Quotes for Murray Car Insurance

All major car insurance companies such as Allstate, GEICO and Progressive provide prices for coverage directly from their websites. The process is fairly straightforward as you just enter the coverages you want into the quote form. After the form is submitted, their rating system will obtain your credit score and driving record and returns a price quote. Quoting online makes comparing rates easy, but the process of having to visit different websites and fill out multiple forms is repetitive and time-consuming. Unfortunately, it is important to perform this step if you want to find a lower rate.

The preferred way to lower your rates utilizes a single form to get prices from more than one company. It's a real time-saver, reduces the work, and makes quoting online much more enjoyable. Once the form is submitted, it gets priced and you can select any of the resulting price quotes.

If you find a better price you can click and sign and buy the new coverage. The whole process only takes a few minutes and you will find out if you're overpaying now.

If you want to find out how much you're overpaying now, click here and complete the simple form. If you have a policy now, it's recommended that you enter your coverages as close as possible to your current policy. This makes sure you will receive a price comparison for the exact same coverage.

More discounts equal less premium

Insurance can cost an arm and a leg, but there are discounts available that you may not know about. Certain discounts will be applied when you purchase, but some must be requested specifically before being credited.

  • Organization Discounts - Belonging to certain professional organizations may earn a discount when buying car insurance.
  • Multiple Vehicles - Having multiple vehicles with the same company can get a discount on all vehicles.
  • Paperless Signup - Some insurance companies will give a small break for buying your policy on their website.
  • Homeowners Discount - Owning a home in Murray can save you money due to the fact that maintaining a home requires personal responsibility.
  • Early Switch Discount - Some companies give discounts for switching to them prior to your current policy expiration. It's a savings of about 10%.
  • Discount for Good Grades - This discount can save 20 to 25%. The discount lasts well after school through age 25.
  • Fewer Miles Equal More Savings - Fewer annual miles can qualify you for a substantially lower rate.

A little note about advertised discounts, some of the credits will not apply to all coverage premiums. Most only apply to specific coverage prices like physical damage coverage or medical payments. So when the math indicates you could get a free car insurance policy, you won't be that lucky. Any amount of discount will cut your premiums.

To choose insurers who offer car insurance discounts in Murray, click here.

Switch companies and save? Really?

Allstate, GEICO and Progressive continually stream ads in print and on television. All the companies have a common claim about savings after switching to them. How do they all make the same claim? It's all in the numbers.

Different companies are able to cherry pick for the type of driver that makes them money. An example of a profitable customer could be between the ages of 30 and 50, has no driving citations, and has a high credit rating. A customer that hits that "sweet spot" is entitled to the best price and therefore will cut their rates substantially.

Consumers who do not match the "perfect" profile must pay higher prices and this can result in business going elsewhere. The ads state "customers who switch" not "everyone that quotes" save money. That's the way companies can truthfully state the savings.

This illustrates why you need to get as many quotes as possible. Because you never know which car insurance company will have the lowest rates.

Additional information is available on the website for the Utah Insurance Department found here. Consumers can find out which companies have the most complaints, get help finding coverage, learn about specific coverages, and file complaints about a company.

The best insurance company isn't always the cheapest

The cheapest car insurance can be sourced from both online companies and with local Murray insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance companies do not offer online price quotes and usually these smaller companies provide coverage only through local independent agents.

We just showed you a lot of techniques to compare car insurance prices online. The most important thing to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. You may be surprised to find that the lowest rates come from a small mutual company. These smaller insurers may cover specific market segments cheaper as compared to the big name companies such as .

As you restructure your insurance plan, never reduce coverage to reduce premium. In too many instances, someone sacrificed liability limits or collision coverage only to find out that they should have had better coverage. Your focus should be to buy a smart amount of coverage at the best price while not skimping on critical coverages.