Compare South Point Auto Insurance Prices With These Techniques
Are you intimidated by the wide range of auto insurance choices in South Point? You're not the only one! Drivers have so many companies to choose from that it can turn into a lot of work to find the perfect company for you.
It's important to check auto insurance prices every six months since insurance rates are constantly changing. Despite the fact that you may have had the best rates a few years ago there is a good chance you can find better rates now. There is too much inaccurate information about auto insurance on the internet, so I'm going to show you some great ways to reduce your auto insurance bill.
What determines how much you pay?
Consumers need to have an understanding of the different types of things that help determine auto insurance rates. Knowing what impacts premium levels allows you to make educated decisions that may reward you with big savings.
The following are some of the items companies use to determine rates.
- Pleasure use saves money - Driving more miles in a year the more you will pay for auto insurance. Most companies price each vehicle's coverage based upon how you use the vehicle. Cars and trucks not used for work or commuting get more affordable rates than those used for commuting. Ask your agent if your auto insurance coverage shows the proper vehicle usage.
- Do you know your deductibles? - Coverage for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Examples of covered claims are a windshield shattered by a rock, vandalism, and windstorm damage. Deductibles for physical damage are how much you are required to spend if you file a covered claim. The more expense you're willing to pay, the less your auto insurance will be.
- Teen drivers pay high rates - Teenage drivers in Ohio 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, file fewer claims and receive fewer citations.
- Men pay higher rates - Statistics demonstrate that women are safer drivers than men. However, this does not mean women are better drivers. They both tend to get into accidents at a similar rate, but the males have costlier accidents. They also receive more costly citations like reckless driving and DUI. Youthful male drivers are most likely to cause an accident and are penalized with high auto insurance rates.
- More claims means more premium - Car insurance companies in Ohio award lower rates to insureds who file claims infrequently. If you tend to file frequent claims, you can definitely plan on either a policy non-renewal or much higher rates. Insurance coverage is intended to be relied upon for the large, substantial claims.
- A clean driving record saves money - Your driving citation history has a lot to do with how much you pay for insurance. Just one ticket can increase rates by twenty percent. Good drivers have lower premiums compared to drivers with tickets. Drivers who have flagrant citations such as DWI, reckless driving or hit and run convictions may need to file a SR-22 with the DMV in their state in order to keep their license.
How to Compare Auto Insurance in South Point, Ohio
Reducing your insurance rates is actually quite simple. Just invest a few minutes comparing price quotes provided by online insurance companies. This can be done using a couple different methods.
- The fastest way to get quotes is to use a rate comparison form click here to open form in new window. This easy form prevents you from having to do repetitive form entry to each individual auto insurance company. Filling out one form will get you rate comparisons direct from many companies. Recommended for those who want to invest the least amount of time.
- A harder way to compare rate quotes requires you to visit the website for each individual company to request a price quote. For instance, let's say you want to compare rates from , and . To find out each rate you need to go to every website and enter your policy data, which is why the first method is more popular. To view a list of companies in South Point, click here.
It's up to you which method you use, but ensure you are comparing identical coverage information for each price quote. If your comparisons have unequal deductibles or liability limits it will be impossible to truly determine the lowest rate in South Point.
Take advantage of discounts
The price of auto insurance can be rather high, but there are discounts available to cut the cost considerably. Some trigger automatically when you get a quote, but some may not be applied and must be manually applied before you will receive the discount. If you're not getting every credit possible, you are paying more than you should be.
- Life Insurance - Companies who offer life insurance give a discount if you purchase auto and life insurance together.
- Multiple Vehicles - Insuring multiple vehicles with the same company may reduce the rate for each vehicle.
- College Student - Kids in college living away from home attending college and do not have access to a covered vehicle may qualify for this discount.
- Senior Discount - If you're over the age of 55, you may be able to get reduced rates.
- Federal Government Employee - Employees or retirees of the government may qualify you for a discount with select insurance companies.
- Discount for Good Grades - This discount can be rewarded with saving of up to 25%. The good student discount can last well after school through age 25.
As a disclaimer on discounts, most discount credits are not given to all coverage premiums. A few only apply to individual premiums such as collision or personal injury protection. So even though they make it sound like having all the discounts means you get insurance for free, auto insurance companies aren't that generous. Any amount of discount will bring down your overall premium however.
To choose companies who offer auto insurance discounts in Ohio, click here to view.
Are auto insurance companies telling the truth?
Ohio drivers can't ignore all the ads that promise big savings by companies like GEICO, State Farm and Progressive. They all seem to make an identical promise about savings after switching to them.
How does each company say the same thing?
All the different companies are able to cherry pick for the type of driver that makes them money. A good example of a desirable insured might be profiled as between 25 and 40, has no driving citations, and has a short commute. A propective insured who meets those qualifications receives the best rates and most likely will save when switching.
Drivers who don't qualify for these standards will have to pay higher premiums and ends up with business not being written. Company advertisements say "customers that switch" not "people who quote" save money. That's the way companies can truthfully make the claims of big savings.
Because of the profiling, you need to compare as many rates as you can. It's not possible to predict which auto insurance company will fit your personal profile best.
Additional information can be read on the Ohio Department of Insurance website located here. Ohio drivers can file complaints about an insurance agent or broker, report car insurance fraud, and read enforcement actions against agents and companies.
And the best car insurance company is...
As you shop your coverage around, it's very important that you do not reduce coverage to reduce premium. In many instances, someone sacrificed collision coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to buy enough coverage at a price you can afford.
Cheap auto insurance can be bought on the web and with local South Point insurance agents, so you should compare both to have the best chance of lowering rates. Some insurance providers do not offer online price quotes and most of the time these small insurance companies sell through independent agents.
People change insurance companies for a number of reasons such as delays in paying claims, lack of trust in their agent, not issuing a premium refund or even denial of a claim. No matter why you want to switch, choosing a new insurance company is easier than you think.