How to Find the Cheapest Stephenson Car Insurance

If you are a novice to online car insurance shopping, you may be overwhelmed because of the huge number of car insurance companies competing for business in Stephenson.

It's important to take a look at other company's rates occasionally due to the fact that insurance rates are constantly changing. If you had the lowest price on your last policy the chances are good that you can find a lower rate today. Ignore everything you know about car insurance because you're about to find out the fastest and easiest way to find the best coverage while lowering your premiums.

More discounts equal less premium

Companies offering auto insurance don't always list all their discounts in a way that's easy to find, so we researched both the well known and the harder-to-find ways to save on car insurance. If you aren't receiving every discount you qualify for, you're paying more than you need to.

Accident Forgiveness - A handful of insurance companies will allow you to have one accident before raising your premiums as long as you don't have any claims for a certain period of time.
Bundle and Save - When you combine your home and auto insurance with the same insurance company you may earn 10% to 20% off each policy.
No Accidents - Good drivers with no accidents pay much less as compared to bad drivers.
Pay Upfront and Save - If paying your policy premium upfront instead of paying each month you may reduce your total bill.
College Student - Any of your kids who are attending college without a vehicle on campus may be able to be covered for less.

It's important to note that many deductions do not apply to your bottom line cost. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. Even though it may seem like you could get a free car insurance policy, you're out of luck.

To see a list of companies with the best car insurance discounts in Stephenson, click this link.

Finding Car Insurance in Stephenson, MI

Most companies allow you to get coverage prices directly from their websites. Obtaining pricing is pretty painless as you just type in your coverage preferences into the quote form. Once you submit the form, the system will obtain your driving and credit reports and returns a price quote based on these factors.

Online quotes helps simplify price comparisons, but the time required to go to several different sites and enter the same data into a form can be a bit repetitive. Unfortunately, it is important to perform this step in order to find a lower rate.

There is a better way!

The preferred way to get multiple rate quotes makes use of a single form that gets price quotes from several different companies. It's a real time-saver, eliminates repetitive work, and makes online quotes much more enjoyable. After sending your information, it is rated and you are able to buy your choice of the price quotes you receive. If one or more price quotes are lower than your current rates, you can simply submit the application and purchase coverage. The entire process just takes a couple of minutes and could lower your rates considerably.

In order to find out how much you're overpaying now, click here and submit your coverage information. If you have coverage now, it's recommended that you enter the limits and deductibles exactly as shown on your declarations page. This makes sure you will have comparison quotes based on the exact same insurance coverage.

Stephenson Rates are Influenced by These Factors

An important part of buying insurance is that you know the rating factors that come into play when calculating the rates you pay for car insurance. Having a good understanding of what influences your rates enables informed choices that may reward you with better car insurance rates.

Men fork out a little more - Statistics show women are more cautious behind the wheel. However, don't assume that men are worse drivers. Men and women cause accidents in similar numbers, but the males cause more damage and cost insurance companies more money. They also have more aggressive citations like DUI and reckless driving.
More than one policy can earn a discount - The majority of car insurance companies will give a discount to insureds who buy several policies from them such as combining an auto and homeowners policy. Discounts can amount to ten or even up to twenty percent in some cases. Even with this discount, it's in your best interest to compare rates to ensure the best deal.
Rates may be higher depending on your occupation - Jobs such as judges, executives and dentists tend to have the highest average rates in part from high stress and long work hours. Other jobs such as scientists, historians and the unemployed receive lower rates.
Equipment add-ons that lower car insurance rates - Owning a car with anti-theft technology or alarm system can help bring down rates. Anti-theft devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can help prevent your vehicle from being stolen.

It's not one size fits all

When choosing the best car insurance coverage for your vehicles, there really is not a perfect coverage plan. Everyone's situation is unique.

Here are some questions about coverages that might point out if you would benefit from professional advice.

Does my policy cover me when driving someone else's vehicle?
Am I covered when driving in Canada or Mexico?
What companies insure drivers after a DUI or DWI?
What can I do if my company won't pay a claim?
Why does it cost so much to insure a teen driver in Stephenson?
Do I pay less if my vehicle is kept in my garage?
What is the difference between comprehensive and collision coverage?

If it's difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, complete this form. It only takes a few minutes and may give you better protection.

Switch companies and save? Really?

Consumers in Michigan can't get away from ads for cheaper car insurance by State Farm, GEICO and Progressive. They all seem to make the same claim that you can save if you move to their company.

How can each company claim to save you money? This is how they do it.

Different companies have a certain "appetite" for the driver that is profitable for them. For instance, a desirable insured might be a mature driver, owns a home, and has great credit. Any driver who matches those parameters is entitled to the best price and therefore will save when they switch companies.

Potential customers who do not match the requirements will have to pay a more expensive rate which leads to the customer not buying. Company advertisements say "drivers who switch" not "everyone that quotes" save that much. That is how insurance companies can advertise the savings. Because of the profiling, drivers must get a wide range of price quotes. You cannot predict which company will fit your personal profile best.

And the best car insurance company is...

Lower-priced car insurance is definitely available both online and also from your neighborhood Stephenson agents, and you need to price shop both to have the best rate selection. There are still a few companies who may not provide the ability to get a quote online and most of the time these small, regional companies sell through independent agents.

When you buy insurance online, it's not a good idea to reduce coverage to reduce premium. In many cases, an insured cut liability coverage limits only to discover later that the few dollars in savings costed them thousands. Your aim should be to buy enough coverage for the lowest price.

Insureds who switch companies do it for any number of reasons including denial of a claim, policy non-renewal, high rates after DUI convictions or unfair underwriting practices. It doesn't matter why you want to switch switching car insurance companies is actually quite simple.

Additional detailed information is located at the Michigan Office of Financial and Insurance Regulation website. Visitors are able to learn about insurance regulations, read consumer alerts, and read industry bulletins.