How to Know You're Throwing Money Away for Auto Insurance in Wellston

Have you had enough of trying to scrape together enough money each month for car insurance? You are no different than millions of other consumers. Numerous battle for your business, so it's not easy to compare every to find the absolute lowest price

What determines how much you pay?

Consumers need to have an understanding of some of the elements that come into play when calculating auto insurance rates. Understanding what impacts premium levels allows you to make educated decisions that could result in much lower annual insurance costs.

  • Better crash test results mean better rates - Vehicles with high crash test scores are cheaper to insure. Safe vehicles result in less severe injuries and better occupant protection translates into fewer and smaller insurance claims and lower rates for you.
  • A lapse in coverage is a bad thing - Driving with no insurance can get your license suspended and your next policy will cost more because you let your coverage have a gap. Not only will rates go up, but not being able to provide proof of insurance may earn you a steep fine or even jail time.
  • Rates may be higher depending on your occupation - Occupations such as judges, architects and accountants tend to pay higher rates than average attributed to high stress levels and long work days. On the flip side, occupations like farmers, athletes and the unemployed have the lowest average rates.
  • Liability coverage is cheap - The liability section of your policy will protect you if a jury decides you are liable for damages from an accident. It provides legal defense which can be incredibly expensive. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so buy as much as you can afford.
  • Claim-free discounts can add up - Auto insurance companies in Ohio provide better rates to insureds who file claims infrequently. If you file claims often, you can pretty much guarantee higher rates. Your insurance policy is intended to be relied upon for major claims that would cause financial hardship.
  • A clean driving record saves money - Whether or not you get tickets impacts your car insurance rates tremendously. Only having one citation can increase rates by as much as thirty percent. Good drivers receive lower rates than people who have multiple driving citations. Drivers with severe tickets like DWI, reckless driving or hit and run convictions are required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to drive a vehicle legally.
  • Multiple policies with one company can save - The majority of companies will award you with lower prices to people who have multiple policies with them. It's known as a multi-policy discount. Discounts can amount to anywhere from five to ten percent in most cases. Even if you're getting this discount you may still want to comparison shop to make sure you are getting the best deal. Consumers may find better rates by insuring with multiple companies.
  • Car features impact rates - Driving a car that has an advanced theft prevention system can save you a little every year. Anti-theft devices like GM's OnStar, tamper alarm systems and vehicle immobilizers all hinder your car from being stolen.

auto insurance in Wellston

Policy discounts you shouldn't miss

Companies offering auto insurance don't necessarily list all available discounts in an easy-to-find place, so we researched some of the best known and the more hidden auto insurance savings. If they aren't giving you every credit available, you are paying more than you should be.

  • Military Rewards - Having a deployed family member can result in better rates.
  • Use Seat Belts - Buckling up and requiring all passengers to buckle their seat belts can save 10% or more on the medical payments or PIP coverage costs.
  • Accident Free - Claim-free drivers pay much less when compared with accident-prone drivers.
  • Organization Discounts - Affiliation with certain professional organizations could qualify you for a break when buying auto insurance.
  • Employee of Federal Government - Employees or retirees of the government could cut as much as 10% off depending on your company.
  • Sign Early and Save - A few companies offer discounts for signing up prior to your current policy expiration. It can save you around 10%.

A little note about advertised discounts, most credits do not apply to the entire cost. The majority will only reduce the cost of specific coverages such as liability and collision coverage. So when the math indicates adding up those discounts means a free policy, you won't be that lucky.

To choose insurers with the best auto insurance discounts in Wellston, follow this link.

Save $429 a year? Really?

Ohio drivers can't ignore all the ads for the lowest price auto insurance by companies like 21st Century, Allstate and State Farm. All the companies say the same thing about savings if you move to them.

How do they all say the same thing?

Insurance companies can use profiling for the type of driver that makes them money. For instance, a profitable customer might be profiled as over the age of 50, is a homeowner, and drives newer vehicles. A propective insured who fits that profile gets the lowest rates and is almost guaranteed to cut their rates substantially.

Consumers who don't qualify for the "perfect" profile must pay higher rates which usually ends up with business not being written. Company advertisements say "people who switch" but not "drivers who get quotes" save money. That's why companies can truthfully claim big savings. This illustrates why you should get a wide range of price quotes. It's not possible to predict the company that will give you the biggest savings.

Learn more today

Even more information is located at the Ohio Department of Insurance website. Ohio drivers can find disaster information, find a variety of consumer forms, read industry bulletins, and find out which companies have the most complaints.

Best coverage at the best price

Cheaper auto insurance is definitely available on the web and with local Wellston insurance agents, and you should be comparing both to get a complete price analysis. A few companies do not offer online price quotes and usually these small, regional companies provide coverage only through local independent agents.

Throughout this article, we presented a lot of tips how to save on auto insurance. The key concept to understand is the more companies you get rates for, the more likely it is that you will get a better rate. You may even discover the biggest savings come from a company that doesn't do a lot of advertising. Some small companies may cover specific market segments cheaper compared to the large companies like .