How to Know You're Paying Too Much for Auto Insurance in Trafford

No one in their right mind likes having to buy auto insurance, particularly when they are paying too much. Drivers have multiple to pick from, and even though it's nice to be able to choose, it can be more challenging to compare rates.

It's important to take a look at other company's rates occasionally because prices are constantly changing. Despite the fact that you may have had the lowest price on your last policy you can probably find a better price now. Don't believe everything you read about auto insurance on the web, but we're going to give you some great ways to quit paying high auto insurance rates.

Trafford Rates are Influenced by These Factors

Consumers need to have an understanding of the rating factors that help determine the rates you pay for auto insurance. Knowing what influences your rates enables informed choices that can help you get much lower annual insurance costs.

The following are a partial list of the pieces auto insurance companies consider when setting your rates.

Credit scores impact auto insurance rates - Your credit history is a important factor in determining your rates. If your credit score is not that good, you could save money insuring your by spending a little time repairing your credit. Drivers who have high credit scores tend to be better drivers and file fewer claims than those with lower credit scores.
More than one policy can earn a discount - Many auto insurance companies give discounts to insureds who consolidate policies with them in the form of a multi-policy discount. Even with this discount, you still need to comparison shop to ensure the best deal.
With age comes lower rates - Youthful drivers in Pennsylvania are known to be less responsible behind the wheel so they pay higher auto insurance rates. Adding a teen driver to your auto insurance policy can be very expensive. Older drivers tend to be more responsible, statistically cause fewer accidents and get fewer tickets.
Proper usage rating affects rates - Driving more miles each year the higher your rates will be. Most insurance companies charge to insure your cars based on their usage. Autos used primarily for pleasure use receive lower rates than vehicles that are driven to work every day. Double check that your auto insurance coverage shows the proper vehicle usage, because improper ratings can cost you money.

These discounts can lower your rates

Companies offering auto insurance do not advertise every available discount very clearly, so we researched both the well known as well as the least known ways to save on auto insurance. If you're not getting every credit you qualify for, you are paying more than you should be.

Braking Control Discount - Vehicles equipped with ABS or steering control can reduce accidents and therefore earn up to a 10% discount.
Resident Student - Any of your kids who are attending college and do not have access to a covered vehicle can be insured at a reduced rate.
E-sign - A few companies may give you up to $50 just for signing your application over the internet.
Senior Citizens - If you're over the age of 55, you may be able to get better auto insurance rates.
Driver Safety - Successfully completing a defensive driving course can save you 5% or more if your company offers it.

It's important to note that most discount credits are not given to your bottom line cost. Most only apply to individual premiums such as comprehensive or collision. So when it seems like adding up those discounts means a free policy, you're out of luck.

To choose providers who offer auto insurance discounts in Pennsylvania, click this link.

Are you falling for claims of savings?

Consumers in Pennsylvania can't ignore all the ads for cheaper car insurance by Allstate and Progressive. All the ads make the same claim that you can save after switching to their company.

How does each company claim to save you money?

Insurance companies have a certain "appetite" for the driver that makes them money. For instance, a preferred risk might be between 25 and 40, owns a home, and has great credit. A customer getting a price quote who matches those parameters is entitled to the best price and as a result will probably save when switching.

Consumers who are not a match for these standards will be charged higher prices which leads to the customer not buying. The ads state "customers that switch" not "everybody who quotes" save that much. That is how insurance companies can advertise the savings. That is why you should get a wide range of price quotes. It's impossible to know which company will fit your personal profile best.

Different people need different coverages

When buying the best auto insurance coverage for your vehicles, there isn't really a perfect coverage plan. Everyone's situation is a little different so this has to be addressed. For instance, these questions might point out whether you would benefit from an agent's advice.

Can I get a multi-policy discount for packaging my home and auto coverage?
Do I need PIP (personal injury protection) coverage in Pennsylvania?
Do I pay less if my vehicle is kept in my garage?
What are the financial responsibility laws in Pennsylvania?
Does medical payments coverage apply to all occupants?
Why does it cost so much to insure a teen driver in Trafford?
Should I buy additional glass protection?

If it's difficult to answer those questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, complete this form or click here for a list of auto insurance companies in your area. It is quick, free and can help protect your family.

For more Pennsylvania car insurance information

Additional detailed information is located at the Pennsylvania Insurance Department website. Visitors are able to find out industry alerts, read consumer alerts, read enforcement actions against agents and companies, and file complaints about an insurance agent or broker.

Other informative sites include BankRate.com's Car Insurance: When not to Skimp and this directory of Trafford insurance agents.

A tidy conclusion

When you buy insurance online, make sure you don't buy poor coverage just to save money. Too many times, an insured cut collision coverage and learned later that the few dollars in savings costed them thousands. The aim is to buy a smart amount of coverage at a price you can afford, not the least amount of coverage.

Lower-priced auto insurance can be bought both online and also from your neighborhood Trafford agents, so you should compare both in order to have the best price selection to choose from. There are still a few companies who may not provide online price quotes and many times these small, regional companies only sell through independent insurance agents.