Tightwads Guide for Saving on Wheelersburg Car Insurance
Paying for high-priced car insurance can overdraw your checking account, especially in this economy. Comparison shopping is a great way to help make ends meet.
Insurance companies such as GEICO and Progressive persitently shower you with catchy ads and it is challenging if not impossible to sift through the bull and do the work needed to find the best deal.
It's important to do rate comparisons quite often since rates are constantly changing. Just because you had the best price two years ago you will most likely find a better rate today. Ignore everything you know about car insurance because you're about to find out the proper way to get good coverage at a lower rate.
How much can you save with discounts?
The price of auto insurance can be rather high, but you may find discounts that you may not even be aware of. Most are applied when you get a quote, but less common discounts must be specially asked for before you will receive the discount.
- Life Insurance Discount - Companies who offer life insurance give better rates if you take out life insurance.
- New Car Discount - Buying coverage on a new vehicle is cheaper because new vehicles have to meet stringent safety requirements.
- Passive Restraint Discount - Factory air bags or automatic seat belts can qualify for discounts of 20% or more.
- Government Employees - Active or retired federal employment could cut as much as 10% off with select insurance companies.
- Anti-lock Brakes - Cars that have steering control and anti-lock brakes are safer to drive and will save you 10% or more.
- Theft Prevention Discount - Vehicles with anti-theft systems help deter theft and will save you 10% or more.
A little note about advertised discounts, some of the credits will not apply to the overall cost of the policy. Most only reduce individual premiums such as collision or personal injury protection. So when it seems like all the discounts add up to a free policy, you won't be that lucky. Any amount of discount will reduce the amount you have to pay.
How much car insurance do I need?
When it comes to buying the right insurance coverage for your personal vehicles, there really is not a "perfect" insurance plan. Everyone's needs are different and your policy should reflect that. For example, these questions may help you determine if your insurance needs could use an agent's help.
- When does my teenage driver need to be added to my policy?
- Should I file a claim if it's only slightly more than my deductible?
- Should I drop comprehensive coverage on older vehicles?
- Am I covered if I drive in a foreign country?
- Can I get a multi-policy discount for packaging my home and auto coverage?
- Does my personal auto insurance policy cover using my vehicle for business use?
- Is my dog or cat covered if injured in an accident?
- What can I do if my company won't pay a claim?
If you can't answer these questions but a few of them apply, then you may want to think about talking to an agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area.
Save 15 percent in 15 minutes? Is it for real?
Car insurance companies such as GEICO, State Farm and Progressive constantly bombard you with television and radio advertisements. They all seem to have a common claim about savings if you switch to them. How can each company make the same claim?
Insurance companies have a preferred profile for the type of driver that earns them a profit. For example, a desirable insured could be over the age of 40, insures multiple vehicles, and chooses high deductibles. Any new insured that hits that "sweet spot" will get the preferred rates and is almost guaranteed to save when they switch companies.
Drivers who don't meet the requirements will have to pay higher premiums and this can result in business going elsewhere. The ads state "customers that switch" but not "drivers who get quotes" save money. This is how companies can truthfully state the savings.
Because of the profiling, you should get a wide range of price quotes. It's just too difficult to predict which insurance companies will give you the biggest savings.
More sites with car insurance information
Additional information can be found on the website for the Ohio Department of Insurance located here. Consumers can view agent and company licensing information, read enforcement actions against agents and companies, find out industry alerts, and download brochures.
Do the work, save more money
When buying insurance coverage, it's a bad idea to buy lower coverage limits just to save a few bucks. In many instances, drivers have reduced physical damage coverage only to discover later that their decision to reduce coverage ended up costing them more. The ultimate goal is to get the best coverage possible at a price you can afford.
You just learned a lot of techniques to reduce car insurance prices online. The key thing to remember is the more rate quotes you have, the higher your chance of finding lower rates. You may even discover the lowest premiums are with a small local company. Regional companies may cover specific market segments cheaper compared to the large companies like .
Cheaper car insurance is available from both online companies and with local Wheelersburg insurance agents, and you need to comparison shop both to have the best chance of lowering rates. Some insurance companies do not offer you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.