Car Insurance in New Holland, OH - 8 Discounts You Might be Losing Out On
Did you fall for a flashy sales pitch and buy an overpriced car insurance policy? Believe me, many consumers are feeling buyer's remorse and feel like there's no way out. Popular companies such as GEICO and Progressive persitently shower you with TV and radio ads and it can be hard to sift through the bull and do the work needed to find the best deal.
If you have insurance now or are looking for a new policy, you can learn to get lower rates and still get good coverage. Finding affordable coverage in New Holland is quite easy. Ohio drivers only need an understanding of how to compare rates online.
Policy discounts you shouldn't miss
Insurance can be prohibitively expensive, but there are discounts available that many people don't even know exist. Most are applied at the time of purchase, but lesser-known reductions have to be specifically requested prior to receiving the credit. If you aren't receiving every discount possible, you are throwing money away.
- Fewer Miles Equal More Savings - Driving fewer miles can qualify you for discounted rates on garaged vehicles.
- Multi-car Discount - Buying insurance for more than one vehicle on one policy could earn a price break for each car.
- Auto/Home Discount - If you have multiple policies with one company you may save at least 10% off all policies.
- Federal Government Employee - Active or retired federal employment could cut as much as 10% off depending on your company.
- Anti-lock Brake System - Cars that have steering control and anti-lock brakes are safer to drive and will save you 10% or more.
- Early Signing - A few companies offer discounts for switching to them prior to your current policy expiring. This can save 10% or more.
- Air Bag Discount - Vehicles equipped with air bags and/or automatic seat belt systems can qualify for discounts of up to 25% or more.
- Military Rewards - Being on active duty in the military could mean lower rates.
Consumers should know that most discount credits are not given to all coverage premiums. Some only reduce the cost of specific coverages such as liability and collision coverage. So even though they make it sound like all the discounts add up to a free policy, companies don't profit that way. Any qualifying discounts will reduce the amount you have to pay.
Save $429 a year? Really?
Consumers get pounded daily by advertisements that promise big savings by companies like 21st Century, Allstate and State Farm. All the companies make an identical promise of big savings if you switch to them.
How can each company make the same claim?
Insurance companies are able to cherry pick for the type of driver that earns them a profit. An example of a profitable customer could be over the age of 40, has no driving citations, and has excellent credit. Any new insured who meets those qualifications will get very good rates and is almost guaranteed to save when they switch companies.
Potential customers who don't qualify for the requirements must pay higher prices and ends up with business going elsewhere. The ads say "people who switch" but not "drivers who get quotes" save money. That's the way insurance companies can confidently make those claims.
This illustrates why drivers should compare as many rates as you can. It's just too difficult to predict which car insurance company will have the lowest rates.
Learn more about Ohio car insurance
Additional car insurance information is available on the website for the Ohio Department of Insurance through this link. Consumers can find disaster information, report car insurance fraud, read consumer alerts, and download brochures.
In the end, you save
Cost effective car insurance can be found from both online companies and with local New Holland insurance agents, and you need to comparison shop both so you have a total pricing picture. Some companies do not offer you the ability to get quotes online and usually these smaller companies provide coverage only through local independent agents.
While you're price shopping online, it's a bad idea to skimp on coverage in order to save money. There are a lot of situations where someone sacrificed comprehensive coverage or liability limits to discover at claim time they didn't purchase enough coverage. The proper strategy is to find the BEST coverage at an affordable rate while not skimping on critical coverages.
You just learned some good ideas how you can reduce car insurance prices online. The key thing to remember is the more companies you get rates for, the better chance you'll have of finding lower rates. Drivers may discover the lowest premiums are with a company that doesn't do a lot of advertising. Regional companies may often insure only within specific states and give getter rates compared to the large companies like .