Ardmore Auto Insurance For Less Than You're Paying Now

Comparison shopping for Ardmore auto insurance is nearly impossible for consumers not familiar with shopping for insurance online. Drivers have so many options available that it can quickly become more work than you anticipated to find lower rates in Ardmore.

It's important to do rate comparisons once or twice a year because prices are constantly changing. Even if you got the best rates last year you can probably find a better price now. You can find a lot of misleading information regarding auto insurance online, so I'm going to show you some great ways to quit paying high auto insurance rates.

The purpose of this post is to instruct you on the most effective way to quote insurance and some tips to save money. If you are paying for car insurance now, you will be able to reduce your rates substantially using this information. Alabama vehicle owners just need to know the most effective way to compare rates online.

Why some people pay less for insurance in Ardmore

Consumers need to have an understanding of the factors that go into determining the price you pay for auto insurance. When you know what positively or negatively controls the rates you pay allows you to make educated decisions that may reward you with big savings.

Listed below are some of the items companies use to determine rates.

Being married is a good thing - Getting married can actually save you money on auto insurance. It is viewed as being more mature than a single person it has been statistically shown that drivers who are married are more cautious.
Save money with special equipment - Driving a car with anti-theft technology or alarm system can help lower your rates. Anti-theft features such as GM's OnStar, tamper alarm systems and vehicle immobilizers all hinder auto theft.
Your credit rating is important - Credit score is a huge factor in your rate calculation. If your credit history is lower than you'd like, you could save money insuring your by improving your rating. Drivers with high credit ratings tend to file fewer claims and have better driving records as compared to drivers with poor credit.
Bundling policies can get discounts - Most insurance companies will give a discount to customers who have multiple policies with them, otherwise known as a multi-policy discount. Even though this discount sounds good, it's in your best interest to comparison shop to make sure you are getting the best deal. You may still be able to find better rates by buying insurance from more than one company.
Low deductibles can be expensive - Physical damage coverage, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. Examples of covered claims could be running into the backend of another car, vandalism, or theft. The deductibles are how much you are willing to pay in the event of a claim. The more expense you're willing to pay, the less your company will charge you for insurance.
Careful drivers pay lower rates - Your driving citation history has a big impact on rates. Just one ticket can increase rates twenty percent or more. Good drivers tend to pay less for car insurance than bad drivers. Drivers who have serious citations such as DWI, reckless driving or hit and run convictions may need to submit a SR-22 or proof of financial responsibility with their state DMV in order to continue driving.
Choose a safe vehicle and save - Vehicles with good safety scores get lower rates. These vehicles result in less severe injuries and lower injury rates translates into fewer and smaller insurance claims passed on to you as lower rates.

Policy discounts you shouldn't miss

Insuring your vehicles can cost a lot, but you may find discounts that many people don't even know exist. Larger premium reductions will be automatically applied at the time of quoting, but some may not be applied and must be asked for before you will receive the discount. If you don't get every credit available, you are paying more than you should be.

Homeowners Pay Less - Owning a house in Ardmore can save you money because owning a home demonstrates responsibility.
Military Rewards - Being deployed with a military unit could mean lower rates.
Anti-lock Brakes - Vehicles equipped with ABS or steering control are safer to drive and will save you 10% or more.
Theft Prevention System - Vehicles with anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
Multi-car Discount - Buying insurance for more than one vehicle with the same company qualifies for this discount.
Good Students Pay Less - This discount can be rewarded with saving of up to 25%. The good student discount can last until age 25.
Drive Less and Save - Driving fewer miles could qualify for a substantially lower rate.
Driver's Ed - Cut your cost by having your teen driver complete a driver education course in school.
Employee of Federal Government - Employees or retirees of the government may qualify you for a discount with select insurance companies.
Payment Discounts - By paying your policy upfront instead of making monthly payments you can actually save on your bill.

Drivers should understand that some of the credits will not apply to the entire cost. Some only apply to the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears all those discounts means the company will pay you, companies wouldn't make money that way. But all discounts will help reduce the amount you have to pay.

To choose companies offering auto insurance discounts in Alabama, click here.

Save $429 a year? Really?

Alabama consumers can't ignore all the ads for the lowest price auto insurance by companies like State Farm, GEICO and Progressive. They all seem to have a common claim that you'll save big if you switch to them.

But how can every company make almost identical claims? This is how they do it.

All the different companies can use profiling for the type of driver that makes them money. A good example of a desirable insured could possibly be a mature driver, has no tickets, and has great credit. A customer getting a price quote that hits that "sweet spot" will qualify for the lowest rates and is almost guaranteed to save a lot of money.

Potential insureds who don't qualify for this ideal profile will have to pay more money and this can result in the driver buying from a lower-cost company. The ad wording is "drivers who switch" but not "drivers who get quotes" save money. That's why companies can advertise the savings.

Because of the profiling, you should compare many company's rates. It's impossible to know the company that will give you the biggest savings.

More Alabama auto insurance information

Much more information about auto insurance in Alabama can be read on the Alabama Department of Insurance website. Click here for link. Alabama consumers can get help finding coverage, view a list of available companies, and find out industry alerts.

Other informative sites include this page for Alabama auto insurance and this page for help finding agents in Ardmore, AL.

In the end, you save

Budget-conscious auto insurance can be found online and with local Ardmore insurance agents, and you need to price shop both to have the best chance of lowering rates. There are still a few companies who do not offer online price quotes and most of the time these small insurance companies sell through independent agents.

Drivers switch companies for any number of reasons including an unsatisfactory settlement offer, unfair underwriting practices, policy cancellation or even lack of trust in their agent. No matter why you want to switch, switching auto insurance companies is easier than you think.

As you prepare to switch companies, do not buy poor coverage just to save money. In many cases, an insured dropped collision coverage and discovered at claim time that the small savings ended up costing them much more. Your aim should be to get the best coverage possible for the lowest price.