7 Best Methods to Cut Car Insurance Costs in Concord

No one in their right mind cherishes buying car insurance, particularly when the price is too high.

Lots of contend to insure your vehicles, and it can be difficult to compare rates to discover the definitive lowest price

It's important to compare rates periodically since rates are constantly changing. Just because you found the best deal on your last policy you will most likely find a better rate today. So just forget anything you know (or think you know) about car insurance because we're going to show you the proper way to properly buy coverages and cut your premium.

Policy discounts you shouldn't miss

Car insurance is not cheap, but there could be available discounts that you may not know about. A few discounts will automatically apply at the time of purchase, but some must be inquired about prior to receiving the credit.

  • Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes can avoid accidents and will save you 10% or more.
  • Good Student - Performing well in school can save 20 to 25%. The discount lasts up until you turn 25.
  • Clubs and Organizations - Being a member of certain professional organizations could qualify you for a break on your policy.
  • Multiple Cars - Buying insurance for all your vehicles on one policy may reduce the rate for each vehicle.
  • Discount for Life Insurance - Some companies give lower rates if you buy life insurance from them.
  • Pay Now and Pay Less - If you pay your bill all at once instead of monthly or quarterly installments you may reduce your total bill.
  • Multi-policy Discount - If you have multiple policies with one company you may earn 10% to 20% off each policy.

It's important to note that most of the big mark downs will not be given to the entire policy premium. The majority will only reduce individual premiums such as comprehensive or collision. So even though they make it sound like you could get a free car insurance policy, you're out of luck. But any discount will cut the amount you have to pay.

Concord car insurance quote

Insurance agents can help

When it comes to buying proper insurance coverage for your vehicles, there is no "best" method to buy coverage. Everyone's situation is a little different so your insurance needs to address that. For example, these questions may help highlight whether your personal situation might need professional guidance.

  • Does my insurance cover a custom paint job?
  • Why am I required to buy high-risk coverage?
  • Are rental cars covered under my policy?
  • Am I covered when driving on a suspended license?
  • When does my teenage driver need to be added to my policy?
  • What happens if I owe more than my vehicle is worth?

If you don't know the answers to these questions but a few of them apply, you might consider talking to a licensed insurance agent. To find an agent in your area, complete this form or click here for a list of car insurance companies in your area.

Save $429 a year? Really?

Companies like Allstate and Progressive consistently run television and radio advertisements. All the ads say the same thing that you can save if you change to their company. How do they all claim to save you money?

Different companies have a certain "appetite" for the driver that earns them a profit. An example of a preferred risk might be between 30 and 50, a clean driving record, and has great credit. Any new insured who fits that profile gets the lowest rates and is almost guaranteed to cut their rates substantially.

Potential customers who don't qualify for the "perfect" profile will be charged higher prices which usually ends up with the customer not buying. Company advertisements say "customers that switch" but not "drivers who get quotes" save that much. That is how insurance companies can advertise the savings.

That is why you should get as many quotes as possible. It's just too difficult to predict which company will fit your personal profile best.

More information is available on the website for the Virginia Bureau of Insurance located here. Visitors are able to find out industry alerts, file complaints about a company, find out which companies have the most complaints, and report car insurance fraud.

Virginia car insurance

The best insurance company isn't always the cheapest

When you buy insurance online, never buy lower coverage limits just to save a few bucks. Too many times, someone dropped liability limits or collision coverage only to find out that the few dollars in savings costed them thousands. The aim is to buy the best coverage you can find at a price you can afford, not the least amount of coverage.

We just covered many ways to reduce car insurance prices online. It's most important to understand that the more quotes you get, the better chance you'll have of finding lower rates. You may be surprised to find that the best prices are with some of the lesser-known companies. Regional companies often have lower prices on specific markets compared to the large companies like .

Lower-priced car insurance can be sourced both online and also from your neighborhood Concord agents, so compare prices from both so you have a total pricing picture. There are still a few companies who may not provide you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.