Car Insurance in Reeder - 7 Discounts to Save Money

No one cherishes buying car insurance, especially when the price is too high. Multiple compete for your hard-earned dollar, and it can be difficult to compare rates and get the definite lowest price

It's important to do rate comparisons occasionally since rates are constantly changing. Even if you got the best deal a few years ago you will most likely find a better rate today. Starting now, forget anything you know (or think you know) about car insurance because we're going to show you the proper way to remove unneeded coverages and save money.

Take advantage of discounts

The price of auto insurance can be rather high, but you may find discounts to reduce the price significantly. A few discounts will automatically apply when you quote, but some must be manually applied before you get the savings. If they aren't giving you every credit you qualify for, you are throwing money away.

Bundle and Save - If you have multiple policies with the same company you may earn at least 10% off all policies.
Anti-lock Brake System - Cars that have steering control and anti-lock brakes can reduce accidents and earn discounts up to 10%.
Life Insurance - Some companies give lower rates if you buy life insurance.
Multiple Vehicles - Insuring multiple vehicles on one policy could earn a price break for each car.
Theft Prevention Discount - Cars that have factory anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
Payment Method - If you pay your entire premium ahead of time instead of monthly or quarterly installments you can actually save on your bill.
Homeowners Savings - Owning a house in Reeder can help you save on car insurance due to the fact that maintaining a home requires personal responsibility.

It's important to note that most discount credits are not given to your bottom line cost. Some only apply to the cost of specific coverages such as collision or personal injury protection. So even though they make it sound like all the discounts add up to a free policy, you're out of luck. But any discount will cut your overall premium however.

How to know if you need help

When it comes to buying proper insurance coverage for your vehicles, there is no "perfect" insurance plan. Everyone's needs are different so your insurance should reflect that These are some specific questions might point out whether your personal situation might need professional guidance.

What is the difference between comprehensive and collision coverage?
Can I get a multi-policy discount for packaging my home and auto coverage?
What happens if I owe more than my vehicle is worth?
Am I covered when driving on a suspended license?
Do I need special endorsements for business use of my vehicle?
Do I have any recourse if my insurance company denies a claim?
Am I covered when renting a car or should I buy coverage from the car rental agency?

If you're not sure about those questions but a few of them apply, you might consider talking to an agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area. It's fast, doesn't cost anything and can provide invaluable advice.

Are car insurance companies telling the truth?

Consumers get pounded daily by advertisements for cheaper car insurance by companies like GEICO, State Farm and Progressive. They all seem to make an identical promise that you can save after switching to them.

How do they all make the same claim?

Insurance companies have a certain "appetite" for the type of driver that earns them a profit. An example of a desirable insured could be between 30 and 50, owns a home, and drives less than 7,500 miles a year. Any new insured who meets those qualifications will qualify for the lowest rates and most likely will cut their rates substantially.

Drivers who don't qualify for the "perfect" profile will have to pay a higher premium and ends up with business going elsewhere. The ad wording is "people who switch" not "people who quote" save money. That is how insurance companies can advertise the way they do.

Because of the profiling, you should compare as many rates as you can. It's just too difficult to predict which company will provide you with the cheapest rates.

For more North Dakota car insurance information

More information is available on the website for the North Dakota Insurance Department through this link. Consumers can view agent and company licensing information, find out industry alerts, file complaints about an insurance agent or broker, and report car insurance fraud.

Best coverage at the best price

When shopping online for car insurance, never buy lower coverage limits just to save a few bucks. In many instances, an insured cut liability limits or collision coverage only to find out that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to get the best coverage possible at an affordable rate.

Lower-priced car insurance can be purchased from both online companies and with local Reeder insurance agents, so compare prices from both to have the best selection. Some car insurance companies do not offer you the ability to get quotes online and most of the time these smaller companies sell through independent agents.