Easy Ways to Cut Costs on Terrytown Auto Insurance

Are you intimidated by the number of auto insurance options in Terrytown? Many other drivers are as well. There are so many companies to choose from that it can turn into more work than you anticipated to locate the lowest price.

It's important to compare prices every six months since insurance rates are constantly changing. Despite the fact that you may have had the best deal a few years ago you may be paying too much now. Starting right now, block out anything you think you know about auto insurance because it's time to teach you the only way to find lower rates on auto insurance.

Finding affordable coverage in Terrytown is quite easy. If you are paying for car insurance now, you will most likely be able to save some money using this information. Nevertheless, Louisiana vehicle owners do need to know the way companies compete online and take advantage of how the system works.

How to Compare Auto Insurance in Terrytown, Louisiana

There are several ways to compare auto insurance prices but there is one way that is less labor-intensive and much quicker. You could spend your day driving to insurance companies in Terrytown, or you could use online quoting for quick rates.

All the larger companies enroll in a system that allows shoppers to send in one quote, and each participating company can give them a price for coverage. This saves time by eliminating repetitive form submissions to each individual auto insurance company.

To submit your quote information now, click here (opens in new window).

The only drawback to comparing rates this way is you can't choose which companies you want to price. If you prefer to choose specific insurance companies to compare prices, we have a listing of companies who write auto insurance in Louisiana. Click to view list.

It's up to you which method you use, but ensure you are comparing apples-to-apples coverage information on every quote you get. If you use unequal deductibles or liability limits then you won't be able to determine which rate is truly the best in Terrytown. Quoting even small variations in coverage limits may cause a big price difference. Just remember that obtaining a wide range of quotes gives you a better chance of getting the best offered rates.

Good Decisions Result in Lower Rates

It's important that you understand the different types of things that help determine auto insurance rates. When you know what positively or negatively determines base rates enables informed choices that can help you get big savings.

The following are some of the factors auto insurance companies consider when setting your rates.

Discounts for multiple policies - Many insurers give discounts to people who have multiple policies with them, otherwise known as a multi-policy discount. If you currently are using one company, it's still a good idea to shop around to ensure the best deal. You may still find a better deal by buying auto insurance from a different company.
Do you know your deductibles? - Physical damage coverage, otherwise known as comp (or other than collision) and collision, protects your car from damage. Some instances where coverage would apply are collision with another vehicle, vandalism, or theft. Deductibles for physical damage are the amount of money you are required to spend in the event of a claim. The more money you are required to pay out-of-pocket, the less your auto insurance will be.
Older drivers save more - Teenage drivers in Louisiana are known to be less responsible when behind the wheel so auto insurance rates are higher. Older insureds tend to be more responsible, file fewer claims and are safer drivers.
Poor credit can mean higher rates - Your credit history is a big factor in calculating your auto insurance rates. If your credit is not that good, you could be paying less to insure your by improving your rating. Drivers who have good credit tend to be better drivers and file fewer claims than drivers with lower credit scores.
Your auto insurance rates can be influenced by your job - Did you know your auto insurance rates can be affected by your occupation? Occupations like doctors, business owners and stock brokers tend to have the highest rates due to job stress and lots of time spent at work. On the other hand, occupations like actors, students and performers receive lower rates.
Pay less if you're married - Being married can get you a discount on your policy. Marriage means you're more mature and responsible and statistics show being married results in fewer claims.

Be sure to get all your discounts

Companies don't necessarily list every available discount very well, so here is a list some of the best known and also the lesser-known savings tricks you should be using.

Theft Prevention System - Cars that have factory anti-theft systems are stolen less frequently and earn discounts up to 10%.
Multiple Vehicles - Buying insurance for multiple vehicles on one policy can get a discount on all vehicles.
New Vehicle Savings - Putting insurance coverage on a new car can save up to 30% due to better safety requirements for new cars.
Passive Restraints - Vehicles with factory air bags and/or automatic seat belt systems can receive discounts of up to 25% or more.
No Accidents - Drivers with accident-free driving histories can earn big discounts compared to frequent claim filers.
E-sign - A handful of insurance companies give back up to $50 simply for signing online.
Homeowners Discount - Being a homeowner can help you save on auto insurance due to the fact that maintaining a home requires personal responsibility.

It's important to understand that most discount credits are not given to all coverage premiums. Most only apply to specific coverage prices like comprehensive or collision. Even though it may seem like all those discounts means the company will pay you, it doesn't quite work that way.

For a list of providers who offer auto insurance discounts in Louisiana, click here to view.

More tips and info about auto insurance is available at the Louisiana Department of Insurance website. Louisiana drivers can read consumer alerts, report car insurance fraud, and read enforcement actions against agents and companies.

Other useful links include BankRate.com's Car Insurance: When not to Skimp and this Terrytown agent directory.

The best insurance company isn't always the cheapest

As you shop your coverage around, don't be tempted to reduce needed coverages to save money. Too many times, someone sacrificed comprehensive coverage or liability limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The aim is to buy a smart amount of coverage at the best price, not the least amount of coverage.

Low-cost auto insurance can be bought on the web and also from your neighborhood Terrytown agents, and you should compare price quotes from both to have the best selection. Some insurance providers may not provide online quoting and many times these smaller companies only sell through independent insurance agents.

Throughout this article, we presented some good ideas how you can lower your auto insurance rates. The most important thing to understand is the more quotes you get, the better your chances of lowering your rates. Consumers may even find the lowest rates come from some of the smallest insurance companies.