7 Tricks Proven to Slash the Cost of Car Insurance Costs in Coventry

Having to pay for overpriced car insurance can take a big chunk out of your savings account and force you to prioritize other expenses. Comparing price quotes is free and is an excellent way to help make ends meet. Multiple compete for your business, and because of this it can be hard to compare and get the definite lowest rate

It's important to do rate comparisons yearly since rates are constantly changing. If you had the lowest price last year you will most likely find a better rate today. You can find a lot of wrong information about car insurance online, so I'm going to show you some great ways to put money back in your pocket.

If you are insured now or need new coverage, you can learn to get lower rates and still get good coverage. Buying car insurance in Coventry is quite easy. Rhode Island drivers only need an understanding of the most efficient way to get comparison quotes online.

Take advantage of discounts

Companies that sell car insurance don't always publicize all their discounts in an easy-to-find place, so we researched some of the more common as well as the least known ways to save on car insurance. If they aren't giving you every credit you deserve, you are throwing money away.

College Student - Any of your kids who are attending college without a vehicle on campus may qualify for this discount.
New Car Discount - Putting insurance coverage on a new car is cheaper since new cars are generally safer.
Accident Free - Drivers who don't have accidents pay much less as compared to drivers who are more careless.
Defensive Driving Course - Completing a driver safety course could cut 5% off your bill if you qualify.
Braking Control Discount - Cars that have steering control and anti-lock brakes prevent accidents and earn discounts up to 10%.
Anti-theft Discount - Vehicles equipped with anti-theft or alarm systems can help prevent theft and will save you 10% or more.
Pay Upfront and Save - If paying your policy premium upfront instead of monthly or quarterly installments you can actually save on your bill.

It's important to understand that many deductions do not apply to your bottom line cost. Most only apply to individual premiums such as liability, collision or medical payments. So despite the fact that it appears you can get free auto insurance, it doesn't quite work that way.

How to know if you need help

When it comes to buying the best car insurance coverage for your personal vehicles, there is no "perfect" insurance plan. Everyone's needs are different so this has to be addressed. These are some specific questions can help discover whether your personal situation might need an agent's assistance.

Do I pay less if my vehicle is kept in my garage?
Can I still get insurance after a DUI?
Are there companies who specialize in insuring high-risk drivers?
Do I really need UM/UIM coverage?
Can I get a multi-policy discount for packaging my home and auto coverage?
Do I need special endorsements for business use of my vehicle?
What can I do if my company won't pay a claim?

If it's difficult to answer those questions but a few of them apply, you might consider talking to an agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It's fast, doesn't cost anything and can help protect your family.

Are car insurance companies telling the truth?

Consumers get pounded daily by advertisements for car insurance savings by companies like Progressive, GEICO, Allstate and State Farm. They all seem to make the same claim of big savings if you move to them.

How do they all make the same claim?

All companies have a preferred profile for the type of driver that earns them a profit. For instance, a desirable insured could be between the ages of 30 and 50, has no prior claims, and has great credit. Any new insured who matches those parameters is entitled to the best price and most likely will cut their rates substantially.

Consumers who don't qualify for the "perfect" profile will have to pay higher rates which leads to business going elsewhere. Company advertisements say "customers that switch" not "people who quote" save money. This is how insurance companies can confidently advertise the savings. Because of the profiling, you should get quotes from several different companies. It's just too difficult to predict which insurance companies will give you the biggest savings.

More tips and info about car insurance is located at the Rhode Island Division of Insurance Regulation website. Consumers can read enforcement actions against agents and companies, file complaints about an insurance agent or broker, read industry bulletins, and discover disciplinary actions.

Best coverage at the best price

As you prepare to switch companies, you should never buy lower coverage limits just to save a few bucks. There are many occasions where consumers will sacrifice collision coverage and learned later that the small savings ended up costing them much more. Your aim should be to buy enough coverage at a price you can afford.

Low-cost car insurance is definitely available from both online companies and with local Coventry insurance agents, and you should compare price quotes from both to get a complete price analysis. There are still a few companies who do not offer you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.