How to Know You're Throwing Money Away for Auto Insurance in Colchester
Tired of robbing Peter to pay Paul each month for car insurance? You're in the same situation as most other car owners in Vermont. Because you have many choices of insurance companies, it's nearly impossible to choose the right company.
It's important to take a look at other company's rates before your policy renews since insurance rates are constantly changing. Just because you had the best price a few years ago there may be better deals available now. Ignore everything you know about auto insurance because you're about to learn the proper way to reduce your cost while improving coverage.
These discounts can lower your rates
Car insurance is not cheap, but you can get discounts that you may not even be aware of. Larger premium reductions will be automatically applied when you quote, but a few need to be manually applied before you get the savings. If you don't get every credit available, you're just leaving money on the table.
- Multi-policy Discount - When you have multiple policies with one insurance company you will save approximately 10% to 15%.
- Employee of Federal Government - Simply working for the federal government may qualify you for a discount with certain companies.
- Early Signing - Some insurance companies reward drivers for signing up before your current policy expires. This can save 10% or more.
- Passive Restraint Discount - Vehicles with factory air bags can receive discounts up to 30%.
- Resident Student - Children who attend school more than 100 miles from home and do not have a car can be insured at a reduced rate.
Keep in mind that most credits do not apply to the entire cost. Some only apply to individual premiums such as comprehensive or collision. So even though they make it sound like having all the discounts means you get insurance for free, it just doesn't work that way. But any discount will help reduce the cost of coverage.
For a list of providers offering auto insurance discounts in Vermont, follow this link.
Comparison of Auto Insurance in Colchester
Most major insurance companies allow you to get coverage prices on the web. Getting online quotes is pretty painless as you simply enter as detailed in the form. Once entered, their system will obtain credit information and your driving record and returns pricing information. This helps simplify price comparisons, but the time it takes to visit different websites and type in the same information can be a bit repetitive. But it's very important to compare as many rates as possible in order to find better auto insurance pricing.
There is a better way!
A more efficient way to lower your auto insurance bill requires only one form to return rates from a lot of companies. The form is fast, eliminates form submissions, and makes online quotes much more efficient. As soon as you send your information, it is rated and you can choose any or none of the quotes that you receive.
If a lower price is quoted, you simply finish the application and purchase the new policy. The entire process takes 15 minutes at the most and may save quite a bit of money.
To quickly find out what other companies charge, click here to open in new window and enter your information. If you currently have coverage, we recommend you copy deductibles and limits as shown on your current policy. This helps ensure you will have an apples-to-apples comparison based on identical coverages.
And the best car insurance company is...
When shopping online for auto insurance, don't be tempted to sacrifice coverage to reduce premiums. Too many times, an accident victim reduced physical damage coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to get the best coverage possible at a price you can afford, not the least amount of coverage.
Throughout this article, we presented a lot of information how to get a better price on auto insurance. The key thing to remember is the more quotes you get, the better your chances of lowering your rates. You may even find the best price on auto insurance is with some of the lesser-known companies. These companies can often insure niche markets at a lower cost than the large multi-state companies such as .