How to Know You're Paying Too Much for Auto Insurance in Denton

I can't think of anyone who looks forward to paying for auto insurance, especially knowing the cost is way too high. Big-name insurance companies like GEICO and Progressive all promote huge savings with advertising and consumers find it hard to sift through the bull and find the best price available.

If you have insurance now or need a new policy, you can learn to find better prices while maximizing coverage. Finding affordable coverage in Denton is easy if you know what you're doing. Texas vehicle owners just need to know the proper methods to compare company rates online.

Be sure to get all your discounts

Insuring your fleet can be pricey, but there could be available discounts that many people don't even know exist. A few discounts will automatically apply at the time of quoting, but less common discounts must be asked about before you will receive the discount. If you aren't receiving every discount you qualify for, you are throwing money away.

Service Members Pay Less - Having a deployed family member could mean lower rates.
Early Signing - Select companies give a discount for signing up prior to your current policy expiring. This can save 10% or more.
Multiple Policy Discount - If you have multiple policies with one company you may earn 10% to 20% off each policy.
Use Seat Belts - Drivers who require all occupants to buckle their seat belts could cut 10% or more off your PIP or medical payments premium.
Federal Employees - Active or retired federal employment can earn a discount up to 10% with a few auto insurance companies.
Discount for Life Insurance - Select insurance companies reward you with better rates if you take out life insurance from them.
New Vehicle Savings - Adding a new car to your policy is cheaper compared to insuring an older model.
Drivers Ed for Students - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class in school.
No Accidents - Good drivers with no accidents can save substantially when compared to drivers who are more careless.

Consumers should know that most credits do not apply to the entire policy premium. The majority will only reduce the price of certain insurance coverages like liability and collision coverage. So when it seems like you would end up receiving a 100% discount, companies don't profit that way. But all discounts will reduce the amount you have to pay.

How do I know if I need professional advice?

When it comes to buying the right insurance coverage for your vehicles, there really is not a single plan that fits everyone. Every insured's situation is different and a cookie cutter policy won't apply. For example, these questions may help highlight whether or not you might need professional guidance.

Do I have coverage when using my vehicle for my home business?
Does my car insurance cover rental cars?
Am I covered when driving in Canada or Mexico?
Why am I be forced to buy a membership to get insurance from some companies?
Do I have coverage for damage caused while driving under the influence?
When does my teenage driver need to be added to my policy?

If you don't know the answers to these questions, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It's fast, doesn't cost anything and may give you better protection.

Is there truth in advertising?

Texas drivers get pounded daily by advertisements for cheaper car insurance by State Farm, Allstate and GEICO. They all say the same thing that you'll save big if you switch to their company.

How can each company say the same thing? This is how they do it.

Different companies have a certain "appetite" for the driver that earns them a profit. For example, a driver they prefer might be profiled as between 30 and 50, a clean driving record, and drives less than 10,000 miles a year. A propective insured who fits that profile gets the lowest rates and is almost guaranteed to save when they switch companies.

Potential insureds who don't measure up to the requirements will be quoted more money which usually ends up with business not being written. Company advertisements say "drivers who switch" but not "drivers who get quotes" save that much. That is how companies can advertise the way they do.

This emphasizes why you should compare many company's rates. It's not possible to predict which company will provide you with the cheapest rates.

Much more information about auto insurance in Texas can be found on the website for the Texas Department of Insurance. Click here for link. Texas drivers can find disaster information, file complaints about a company, read consumer alerts, and find a variety of consumer forms.

And the best car insurance company is...

Throughout this article, we presented a lot of information how to reduce auto insurance prices online. The key thing to remember is the more providers you compare, the higher your chance of finding lower rates. Consumers may even find the best prices are with a lesser-known regional company. Regional companies may often insure only within specific states and give getter rates compared to the large companies like .

As you go through the steps to switch your coverage, it's a bad idea to buy lower coverage limits just to save a few bucks. There have been many situations where someone dropped physical damage coverage only to discover later that the savings was not a smart move. The proper strategy is to buy the best coverage you can find for the lowest price while still protecting your assets.