Consumer Tested Strategies to Save on Collins Car Insurance

Scraping up a payment for overpriced car insurance can overdraw your checking account and make it impossible to make ends meet. Doing a price comparison is a great way to slash your bill and have more diposable income. Drivers have so many to buy insurance from, and even though it's nice to have multiple companies, too many choices makes it more difficult to compare rates.

This article will teach you how to effectively get price quotes. If you have car insurance now, you will be able to lower your premiums substantially using these techniques. Mississippi vehicle owners just need to know the most effective way to find the lowest price over the internet.

Don't pay full price with these discounts

Insurance can be prohibitively expensive, but discounts can save money and there are some available to reduce the price significantly. Larger premium reductions will be automatically applied when you quote, but less common discounts must be manually applied before you get the savings. If you're not getting every credit you deserve, you are throwing money away.

Driver Safety - Completing a driver safety course could cut 5% off your bill if you qualify.
Life Insurance Discount - Select insurance companies reward you with a discount if you purchase a life insurance policy as well.
New Car Discount - Adding a new car to your policy is cheaper since new cars are generally safer.
Multiple Vehicles - Having multiple vehicles on one policy qualifies for this discount.
Student in College - Youth drivers who attend school more than 100 miles from home and do not have access to a covered vehicle may be able to be covered for less.
Own a Home - Owning a home in Collins can save you money due to the fact that maintaining a home is proof that your finances are in order.
Seat Belt Usage - Using a seat belt and requiring all passengers to use a seat belt can save 10% or more off your PIP or medical payments premium.
Claim Free - Drivers who don't have accidents can save substantially when compared with drivers who are more careless.
Lower Rates for Military - Being deployed with a military unit may qualify for rate reductions.

Consumers should know that some credits don't apply to your bottom line cost. A few only apply to the price of certain insurance coverages like liability and collision coverage. So even though they make it sound like it's possible to get free car insurance, companies don't profit that way. But all discounts will bring down your premiums.

How to Lower your Car Insurance Rates

Smart consumers have a good feel for the factors that help determine your car insurance rates. Knowing what controls the rates you pay empowers consumers to make smart changes that could result in lower car insurance prices.

The following are a few of the "ingredients" used by your company to calculate premiums.

Extra coverages can waste money - There are a ton of add-on coverages that you can get tricked into buying on your policy. Coverages for personal injury protection, accidental death and additional equipment coverage are some examples. They may seem like a good idea when talking to your agent, but now you might not need them so eliminate them to save money.
Your location is important - Residing in a rural area is a positive aspect when it comes to car insurance. Urban drivers tend to have more traffic problems and a longer drive to work. Lower population means a lower chance of having an accident.
Older drivers pay less - Young drivers in Mississippi are known to get distracted easily when driving so they pay higher car insurance rates. Having to add a youthful driver onto a policy can break the bank. More mature drivers are more responsible, tend to file fewer claims and tend to be better behind the wheel.
Higher deductibles cost less - The deductibles represent how much money you are required to spend if you file a covered claim. Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your car. A few examples of covered claims are colliding with a building, damage caused by hail, and windstorm damage. The higher the amount you have to pay, the bigger discount you will receive.
A lapse in coverage is a bad thing - Having an insurance coverage lapse will be a quick way to trigger a rate increase. And not only will insurance be more expensive, but being ticketed for driving with no insurance will get you a license revocation or jail time.You may then be required to submit proof of financial responsibility or a SR-22 with the Mississippi DMV.

Your personal situation dictates your coverage

When it comes to buying the right insurance coverage for your personal vehicles, there isn't really a best way to insure your cars. Every insured's situation is different and your policy should reflect that. Here are some questions about coverages that can help discover whether or not you would benefit from professional advice.

Should I rate my vehicle as pleasure use or commute?
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?
Can I afford to buy a different vehicle if my vehicle is totaled?
Why does it cost so much to insure a teen driver in Collins?
Does my policy cover my teen driver if they drive my company car?
Why am I be forced to buy a membership to get insurance from some companies?

If you can't answer these questions but one or more may apply to you, you may need to chat with an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies. It's fast, doesn't cost anything and may give you better protection.

The car insurance bait and switch

Consumers get pounded daily by advertisements for car insurance savings from the likes of 21st Century, Allstate and State Farm. All the companies have a common claim that you'll save big after switching your coverage to them.

How does each company make the same claim? This is how they do it.

All companies have a preferred profile for the type of customer that earns them a profit. For example, a profitable customer could be a mature driver, has no prior claims, and drives less than 7,500 miles a year. A customer that hits that "sweet spot" receives the best rates and therefore will save when switching.

Drivers who don't measure up to these standards must pay a higher premium and this can result in business going elsewhere. Company advertisements say "drivers who switch" not "everyone that quotes" save that much money. This is how companies can advertise the way they do.

This illustrates why drivers should get as many quotes as possible. Because you never know which insurance companies will provide you with the cheapest rates.

Much more information about car insurance in Mississippi can be found on the website for the Mississippi Insurance Department. Click here for link. Consumers can discover disciplinary actions, view agent and company licensing information, read enforcement actions against agents and companies, and report car insurance fraud.

A tidy conclusion

Discount car insurance can be purchased from both online companies as well as from independent agents in Collins, and you need to price shop both to have the best selection. Some car insurance companies don't offer you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

When shopping online for car insurance, it's very important that you do not skimp on coverage in order to save money. There are a lot of situations where consumers will sacrifice physical damage coverage only to discover later that a couple dollars of savings turned into a financial nightmare. The proper strategy is to buy enough coverage for the lowest price while not skimping on critical coverages.

We just showed you a lot of ways to reduce car insurance prices online. The most important thing to understand is the more companies you get rates for, the better your chances of lowering your rates. You may be surprised to find that the best price on car insurance is with a lesser-known regional company. Regional companies may often insure only within specific states and give getter rates as compared to the big name companies such as .