Getting Cheap Waterville Auto Insurance

Did you fall for a flashy sales pitch and buy an overpriced auto insurance policy? Trust us, there are many Waterville consumers feeling the pinch from expensive auto insurance. You have so many to pick from, and though it is a good thing to have multiple companies, lots of choices makes it harder to compare rates.

It's important to shop coverage around at least once a year because prices are constantly changing. If you had the best deal a few years ago you will most likely find a better rate today. So block out anything you think you know about auto insurance because you're going to get a crash course in the only way to find better rates and still maintain coverage.

Policy discounts you shouldn't miss

The price of auto insurance can be rather high, buy you may qualify for discounts that can drop the cost substantially. Certain discounts will be applied when you purchase, but lesser-known reductions have to be manually applied before being credited. If you're not getting every credit possible, you are throwing money away.

Life Insurance - Companies who offer life insurance give a discount if you purchase a life insurance policy as well.
Lower Rates for Military - Being on active duty in the military can result in better rates.
Federal Government Employee - Active or retired federal employment can save as much as 8% with select insurance companies.
Sign Online - Certain companies may give you up to $50 for buying your policy over the internet.
Senior Citizens - If you qualify as a senior citizen, you can possibly qualify for a small decrease in premiums.
Clubs and Organizations - Being a member of a qualifying organization is a good way to get lower rates on auto insurance.

As a disclaimer on discounts, most discounts do not apply the the whole policy. A few only apply to the cost of specific coverages such as collision or personal injury protection. Just because you may think you can get free auto insurance, auto insurance companies aren't that generous. Any amount of discount will bring down the amount you have to pay.

Save $429 a year? Really?

Consumers in Ohio get pounded daily by advertisements that promise big savings from the likes of GEICO, State Farm and Progressive. They all seem to make an identical promise about savings if you move your coverage to them.

How does each company claim to save you money?

All companies are able to cherry pick for the type of customer that earns them a profit. An example of a desirable insured might be between the ages of 30 and 50, has no tickets, and has a short commute. A customer getting a price quote who meets those qualifications receives the best rates and is almost guaranteed to save when switching.

Consumers who don't qualify for these standards will have to pay higher prices and ends up with the customer not buying. Company advertisements say "people who switch" but not "drivers who get quotes" save that much money. That's the way companies can truthfully make the claims of big savings.

Because of the profiling, you should quote coverage with many companies. It's impossible to know which auto insurance company will fit your personal profile best.

Additional information is available on the website for the Ohio Department of Insurance through this link. Visitors are able to file complaints about an insurance agent or broker, find disaster information, download brochures, and get help finding coverage.

Also read more on Auto Insurance 101 and this page where you can research Waterville insurance agents.

A tidy conclusion

As you shop your coverage around, make sure you don't buy lower coverage limits just to save a few bucks. In many instances, an insured dropped comprehensive coverage or liability limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to buy enough coverage at an affordable rate.

Cheap auto insurance is definitely available both online as well as from independent agents in Waterville, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance providers don't offer you the ability to get quotes online and most of the time these smaller companies sell through independent agents.