Comparing the Cheapest Waynesville Auto Insurance
Are you sick and tired of robbing Peter to pay Paul each month for car insurance? You are in the same boat as most other car owners in Ohio. Companies like State Farm, Allstate, GEICO and Progressive increase brand awareness with ad campaigns and it can be hard to sift through the bull and do the work needed to find the best deal.
It's important to take a look at other company's rates before your policy renews because prices are constantly changing. Even if you got the best rates two years ago the chances are good that you can find a lower rate today. There is a lot of bad advice regarding auto insurance online but we're going to give you some great ways to save money.
Be sure to get all your discounts
Car insurance companies don't always advertise every available discount in a way that's easy to find, so the following is a list of both well-publicized as well as the least known savings tricks you should be using. If you aren't receiving every discount available, you're paying more than you need to.
- Multi-policy Discount - When you combine your home and auto insurance with one company you will save at least 10% off all policies.
- Employee of Federal Government - Being employed by or retired from a federal job could cut as much as 10% off with certain companies.
- Discount for New Cars - Insuring a new car can be considerably cheaper because new vehicles have to meet stringent safety requirements.
- Payment Method - If you pay your entire premium ahead of time instead of paying each month you may reduce your total bill.
- Multiple Vehicles - Buying insurance for multiple vehicles on the same auto insurance policy may reduce the rate for each vehicle.
Keep in mind that most discounts do not apply to the entire cost. Most only apply to individual premiums such as comprehensive or collision. Just because you may think all the discounts add up to a free policy, it just doesn't work that way.
To see a list of providers who offer auto insurance discounts in Waynesville, click here to view.
Cheap Waynesville Auto Insurance Comparisons
Effectively comparing auto insurance prices can be a daunting task if you aren't aware of the most efficient way. You can waste a lot of time talking about coverages with insurance agencies in Waynesville, or you could save time and use the web to get rates in a matter of minutes.
Many insurance companies enroll in a system that allows shoppers to complete one form, and every company can give them a price for coverage. This saves time by eliminating quote requests to each individual auto insurance company.
To submit your quote information now, click to open in new window.
The one disadvantage to using this type of form is buyers cannot specifically choose which carriers you want to price. So if you prefer to pick from a list of companies to request quotes from, we have assembled a list of auto insurance companies in Ohio. Click to view list.
It's your choice how you get your quotes, but ensure you're using exactly the same information for every company. If you use higher or lower deductibles it's impossible to decipher which rate is best in Waynesville.
Waynesville Rates are Influenced by These Factors
An important part of buying insurance is that you know the different types of things that help determine the price you pay for auto insurance. Having a good understanding of what influences your rates enables informed choices that can help you get much lower annual insurance costs.
- Multi-policy discounts can save money - Many insurers give discounts to customers who have multiple policies with them such as combining an auto and homeowners policy. Discounts can add up to five, ten or even twenty percent. Even with this discount, you still need to compare rates to ensure the best deal. You may still find better rates by splitting coverages up.
- Keep rates low by being claim-free - Insurance companies in Ohio award cheaper rates to drivers who are claim-free. If you file claims often, you can definitely plan on either a policy non-renewal or much higher rates. Your insurance policy is designed for major claims that would cause financial hardship.
- Proper usage rating affects rates - Driving more miles every year the higher your rates will be. Most insurance companies apply a rate based on their usage. Cars and trucks used primarily for pleasure use get more affordable rates compared to those used for work or business. Double check that your auto insurance coverage is rated on the proper vehicle usage.
- Lower rates with optional equipment - Driving a car with an alarm system can help bring down rates. Theft prevention features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder car theft.
- Bump up deductibles to save - Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, protects your car from damage. Some instances where coverage would apply could be a windshield shattered by a rock, damage from fire, or theft. Deductibles for physical damage are the amount of money you are required to spend before your auto insurance pays a claim. The more expense you are required to pay out-of-pocket, the less your company will charge you for insurance.
- Mature drivers pay less - Mature drivers tend to be more responsible, statistically cause fewer accidents and are safer drivers. Teen drivers are known to be less responsible in a vehicle and because of this, their auto insurance rates are much higher.
- Do you have enough liability coverage? - Liability coverage will protect you in the event that a court rules you are at fault for causing damage or personal injury in an accident. It provides you with a defense in court which can be incredibly expensive. Liability is cheap when compared with rates for comp and collision, so do not cut corners here.
- Where you live - Being located in small towns and rural areas has it's advantages when insuring your vehicles. Less people living in that area translates into fewer accidents and a lower car theft rate. Drivers who live in large Ohio cities regularly have congested traffic and longer commutes to work. Higher commute times means higher likelihood of an accident.
Is there truth in advertising?
Ohio consumers can't get away from ads for the lowest price auto insurance by Allstate and Progressive. All the ads make an identical promise that you can save after switching to their company.
How can each company make almost identical claims?
Insurance companies can use profiling for the driver that is profitable for them. A good example of a preferred risk could possibly be between the ages of 40 and 55, is a homeowner, and chooses high deductibles. A customer getting a price quote who meets those qualifications is entitled to the best price and is almost guaranteed to save when they switch companies.
Potential insureds who don't measure up to the requirements will be charged more money and ends up with the driver buying from a lower-cost company. The ads state "customers that switch" but not "drivers who get quotes" save that much. That's why insurance companies can state the savings. That is why drivers must get as many comparisons as possible. It's impossible to know the company that will give you the biggest savings.
A tidy conclusion
When buying insurance coverage, it's not a good idea to reduce coverage to reduce premium. Too many times, an accident victim reduced full coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. The aim is to buy a smart amount of coverage at a price you can afford, not the least amount of coverage.
Affordable auto insurance can be purchased online and also from your neighborhood Waynesville agents, so you should be comparing quotes from both in order to have the best chance of saving money. Some insurance companies may not provide the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.
Learn more today
Additional detailed information can be read at the Ohio Department of Insurance website. Ohio consumers can read consumer alerts, download brochures, file complaints about an insurance agent or broker, and view a list of available companies.