Tightwads Tips for Saving on Sharpsville Auto Insurance
Overpriced auto insurance can empty your savings account and put a big crunch on your finances. Shopping your coverage around is free, only takes a few minutes, and is a good way to help make ends meet.
Drivers have multiple to buy insurance from, and although it's a good thing to have multiple companies, it can be more challenging to compare rates.
It's important to compare prices on a regular basis since insurance rates are constantly changing. Despite the fact that you may have had the best deal a few years ago you will most likely find a better rate today. So just ignore everything you know about auto insurance because it's time to teach you the proper way to find lower rates on auto insurance.
Be sure to get all your discounts
Companies that sell car insurance don't always list all their discounts very clearly, so here is a list some of the best known as well as the least known savings tricks you should be using.
- Sign Online - A handful of insurance companies give back up to $50 just for signing your application over the internet.
- College Student - Kids in college who live away from home and do not have access to a covered vehicle can receive lower rates.
- Payment Method - If you pay your entire premium ahead of time instead of monthly or quarterly installments you may reduce your total bill.
- Drive Less and Save - Fewer annual miles can qualify you for discounted rates on garaged vehicles.
- New Vehicle Savings - Insuring a new car is cheaper due to better safety requirements for new cars.
Keep in mind that most discounts do not apply to all coverage premiums. Most only apply to individual premiums such as liability, collision or medical payments. So even though they make it sound like all those discounts means the company will pay you, it just doesn't work that way.
Is there truth in advertising?
Auto insurance companies such as State Farm, GEICO and Progressive continually stream television and radio advertisements. They all seem to make an identical promise that you can save after switching to their company. How does each company say the same thing?
All the different companies have a preferred profile for the driver that earns them a profit. An example of a desirable insured might be profiled as between the ages of 30 and 50, insures multiple vehicles, and drives less than 7,500 miles a year. A propective insured who meets those qualifications is entitled to the best price and is almost guaranteed to save when switching.
Potential customers who don't measure up to these standards will have to pay a higher premium and ends up with business not being written. The ads state "customers that switch" but not "drivers who get quotes" save that much. This is how insurance companies can advertise the way they do. Because of the profiling, you should get quotes from several different companies. It's not possible to predict which insurance companies will provide you with the cheapest rates.
For more Pennsylvania auto insurance information
Additional detailed information is available at the Pennsylvania Insurance Department website. Pennsylvania drivers can get help finding coverage, read enforcement actions against agents and companies, view a list of available companies, and find disaster information.
Final considerations
Affordable auto insurance can be bought on the web and also from your neighborhood Sharpsville agents, and you should compare price quotes from both to have the best rate selection. Some auto insurance companies may not provide you the ability to get quotes online and most of the time these smaller companies sell through independent agents.
When shopping online for auto insurance, never buy lower coverage limits just to save a few bucks. In many cases, drivers have reduced liability limits or collision coverage only to find out that a couple dollars of savings turned into a financial nightmare. Your aim should be to buy a smart amount of coverage at a price you can afford.
