Free Guide to Spending Less for Cape Canaveral Auto Insurance Online

Did you fall for a flashy sales pitch and buy an overpriced auto insurance policy? Trust us when we tell you there are many people just like you. Having so many companies and agents to choose from, it's difficult to locate the right company.

It's important to check auto insurance prices every six months because prices are constantly changing. Just because you had the lowest price a couple years back you will most likely find a better rate today. You can find a lot of misleading information regarding auto insurance on the internet, so I'm going to show you some great ways to put money back in your pocket.

Choosing the best insurance company for you in Cape Canaveral is easy if you know what you're doing. If you have insurance now or are shopping for new coverage, you can learn to get lower rates and possibly find even better coverage. Florida vehicle owners just need to know the proper methods to shop their coverage around online.

More discounts equal less premium

Companies offering auto insurance do not advertise all their discounts very well, so we researched both well-publicized as well as the least known ways to save on auto insurance. If you don't get every credit possible, you are throwing money away.

  • Auto/Life Discount - Select insurance companies reward you with a break if you buy a life insurance policy as well.
  • Homeowners Discount - Owning a house in Cape Canaveral may earn you a small savings because owning a home shows financial diligence.
  • Early Signing - Some insurance companies reward drivers for switching policies prior to your current policy expiring. This can save 10% or more.
  • Anti-theft Discount - Vehicles equipped with anti-theft or alarm systems are stolen less frequently and will save you 10% or more.
  • Bundle and Save - If you have multiple policies with the same insurance company you may save up to 20% off your total premium.
  • Payment Discounts - If paying your policy premium upfront instead of monthly or quarterly installments you can actually save on your bill.
  • Save over 55 - If you qualify as a senior citizen, you may qualify for reduced rates.
  • Driver's Ed - Make teen driver coverage more affordable by requiring them to complete a driver education course in school.
  • Defensive Driver - Completing a course in driver safety could possibly earn you a 5% discount if you qualify.

Consumers should know that most discount credits are not given to all coverage premiums. Most only cut individual premiums such as collision or personal injury protection. So even though they make it sound like it's possible to get free car insurance, companies don't profit that way.

Florida auto insurance quotes

Switch companies and save? Really?

Florida consumers get pounded daily by advertisements that promise big savings by companies like GEICO, State Farm and Progressive. They all seem to make the same claim that you'll save big if you switch to them.

But how can every company make almost identical claims?

All companies are able to cherry pick for the type of driver that earns them a profit. For instance, a desirable insured could possibly be between 30 and 50, has no driving citations, and drives less than 10,000 miles a year. A customer getting a price quote who matches those parameters will qualify for the lowest rates and therefore will save a lot of money.

Consumers who do not match this ideal profile will have to pay higher prices which leads to the driver buying from a lower-cost company. The ad wording is "customers that switch" not "everyone that quotes" save money. That's the way companies can advertise the way they do. Because of the profiling, you should get as many quotes as possible. It's impossible to know which auto insurance company will provide you with the cheapest rates.

More detailed Florida auto insurance information is located at the Florida Office of Insurance Regulation website. Florida consumers can file complaints about an insurance agent or broker, report car insurance fraud, file complaints about a company, and read consumer alerts.

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

Best coverage at the best price

As you go through the steps to switch your coverage, do not buy lower coverage limits just to save a few bucks. In many instances, someone sacrificed collision coverage and learned later that the savings was not a smart move. The ultimate goal is to purchase a proper amount of coverage at a price you can afford.

Discount auto insurance is available online and with local Cape Canaveral insurance agents, so compare prices from both in order to have the best price selection to choose from. Some auto insurance companies do not offer you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.

You just read some good ideas how to reduce auto insurance prices online. The key thing to remember is the more rate quotes you have, the better chance you'll have of finding lower rates. You may be surprised to find that the best prices are with the least-expected company. Regional companies may often insure only within specific states and give getter rates as compared to the big name companies such as .