Getting Cheap Pontiac Auto Insurance

Did you fall for a flashy sales pitch and buy an underperforming, overpriced auto insurance policy? Trust us, there are a lot of people in Pontiac just like you who feel imprisoned by their auto insurance policy. There is such a variety of to buy insurance from, and although it's a good thing to be able to choose, so many choices can make it hard to compare rates.

It's important to get comparison quotes at least once a year because prices are constantly changing. Just because you found the lowest price on your last policy there is a good chance you can find better rates now. There is a lot of bad information regarding auto insurance on the internet, so I'm going to show you some great ways to reduce your auto insurance bill.

This article will tell you the best way to quote coverages and some money-saving tips. If you have car insurance now, you should be able to cut costs considerably using this information. Michigan drivers only need an understanding of the most efficient way to compare rates over the internet.

Understand what determines the rate you pay

Consumers need to have an understanding of the rating factors that help determine the price you pay for auto insurance. Knowing what determines base rates helps enable you to make changes that may reward you with lower auto insurance prices.

The following are a partial list of the pieces that factor into rates.

  • Drive less and save money - Driving more miles in a year the more you will pay for auto insurance. The majority of insurers apply a rate determined by how the vehicle is used. Autos left parked in the garage receive lower rates compared to those used for work or business. Make sure your auto insurance coverage shows the proper vehicle usage, because improper ratings can cost you money.
  • Extra add-on coverages are wasting money - There are a ton of extra coverages that you can buy on your auto insurance policy. Coverages for vanishing deductibles, towing coverage and membership fees may be wasting your money. They may seem good when talking to your agent, but your needs may have changed so eliminate them to save money.
  • Discounts for married couples - Having a wife or husband can get you a discount on your auto insurance policy. It usually means you are more mature and responsible it has been statistically shown that being married results in fewer claims.
  • Protect your assets with liability insurance - Liability coverage provides coverage if ever a court rules you are at fault for damages caused by your negligence. It provides legal defense starting from day one. This coverage is very inexpensive when compared with rates for comp and collision, so drivers should carry high limits.
  • Teen drivers pay high rates - Teen drivers in Michigan are known to be more careless when behind the wheel so they pay higher auto insurance rates. Older insureds are viewed as being more responsible, tend to file fewer claims and are safer drivers.
  • Occupation reflects on rates - Did you know that where you work can have an impact on rates? Jobs such as judges, executives and financial analysts are shown to have higher average rates in part from job stress and lengthy work days. Conversely, occupations like actors, engineers and performers pay the least.
  • More than one policy can earn a discount - Many auto insurance companies will give a discount to customers who have multiple policies with them in the form of a multi-policy discount. If you currently are using one company, it's in your best interest to comparison shop to confirm you are receiving the best rates possible. You may still find a better deal by buying auto insurance from a different company.

Michigan auto insurance quotes

How to Compare Pontiac Auto Insurance Costs

Reducing your insurance rates is not a difficult process. Consumers just need to take the time comparing rate quotes provided by online insurance companies. This can be done using a couple different methods.

  1. The fastest way consumers can analyze rates is a comparison rater form click here to open form in new window. This form prevents you from having to do separate quote forms for every auto insurance company. Completing one form gets you price quotes from many national carriers.
  2. A more difficult way to shop for auto insurance online requires visiting the website for each individual company to request a price quote. For instance, let's assume you want to compare rates from , and . To get rate quotes you would need to go to every website and enter your policy data, and that's why the first method is more popular. For a list of links to companies insuring cars in Pontiac, click here.

It's up to you how you get prices quotes, just compare identical quote information for each price quote. If you are comparing mixed coverages you will not be able to truly determine the lowest rate in Pontiac.

Policy discounts you shouldn't miss

The price of auto insurance can be rather high, but companies offer discounts that you may not know about. Certain discounts will be applied when you get a quote, but a few must be inquired about before you will receive the discount. If you're not getting every credit possible, you are paying more than you should be.

  • Auto/Life Discount - Larger companies have a discount if you purchase a life insurance policy as well.
  • Drive Less and Save - Fewer annual miles could be rewarded with better rates on cars that stay parked.
  • Sign Online - Certain companies will discount your bill up to fifty bucks simply for signing over the internet.
  • Organization Discounts - Participating in a qualifying organization could trigger savings on auto insurance.
  • Save over 55 - If you're over the age of 55, you may be able to get a discount up to 10%.
  • No Claims - Drivers with accident-free driving histories pay much less as compared to accident-prone drivers.
  • Driver Safety - Completing a course in driver safety could possibly earn you a 5% discount if your company offers it.
  • Anti-theft Discount - Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and therefore earn up to a 10% discount.

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. So when the math indicates it's possible to get free car insurance, companies don't profit that way. Any qualifying discounts will bring down the amount you have to pay.

To choose companies who offer auto insurance discounts in Michigan, click this link.

Save $429 a year? Really?

Michigan consumers can't ignore all the ads that promise big savings from companies such as GEICO, State Farm and Progressive. They all seem to make the same claim of big savings after switching your policy.

How does each company make almost identical claims? This is how they do it.

All companies are able to cherry pick for the right customer that makes them money. For instance, a desirable insured could possibly be between the ages of 30 and 50, has no tickets, and has great credit. A customer getting a price quote who matches those parameters gets the lowest rates and is almost guaranteed to save when switching.

Drivers who don't qualify for these standards will have to pay higher premiums which leads to the driver buying from a lower-cost company. Company advertisements say "drivers who switch" but not "drivers who get quotes" save that kind of money. That's the way insurance companies can confidently advertise the savings.

Because of the profiling, you need to quote coverage with many companies. It's impossible to know which auto insurance company will fit your personal profile best.

Additional auto insurance information is located on the website for the Michigan Office of Financial and Insurance Regulation. Click here for link. Michigan consumers can file complaints about an insurance agent or broker, discover disciplinary actions, get help finding coverage, and find out which companies have the most complaints.

auto insurance in Pontiac

A tidy conclusion

When you buy insurance online, never reduce coverage to reduce premium. In many instances, an insured dropped collision coverage and learned later that the few dollars in savings costed them thousands. The ultimate goal is to buy the best coverage you can find for the lowest price.

Cost effective auto insurance can be sourced online in addition to many Pontiac insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. There are still a few companies who do not provide online price quotes and most of the time these small, regional companies sell through independent agents.