Tightwads Tips for Saving on Drasco Car Insurance

No one likes having to buy car insurance, particularly when the price is too high. There are many to pick from, and although it's nice to be able to choose, it makes it harder to compare rates.

It's important to check car insurance prices occasionally since rates are constantly changing. Just because you had the best deal six months ago there is a good chance you can find better rates now. Starting right now, forget anything you know (or think you know) about car insurance because we're going to show you the proper way to save money, get proper coverage and the best rates.

Finding the best rates in Drasco is quite easy. If you currently have car insurance, you will be able to save some money using this strategy. Arkansas drivers only need an understanding of how to buy car insurance online.

What determines how much you pay?

Consumers need to have an understanding of the factors that go into determining the rates you pay for car insurance. Knowing what determines base rates allows you to make educated decisions that may reward you with better car insurance rates.

Listed below are some of the factors companies use to determine rates.

  • Teen drivers pay high rates - Youthful drivers in Arkansas are statistically proven to be more careless behind the wheel so they pay higher car insurance rates. Parents adding a young driver to your policy can really hurt. Older drivers are viewed as being more responsible, tend to cause fewer accidents and get fewer tickets.
  • Better credit means lower rates - Credit score is a large factor in determining your rates. If your credit score is lower than you'd like, you could save money insuring your by spending a little time repairing your credit. Drivers with excellent credit tend to file fewer claims and have better driving records than drivers with poor credit.
  • Poor driving leads to higher costs - Good drivers receive lower rates than bad drivers. Even a single citation can increase rates twenty percent or more. Drivers who have serious citations such as DWI, reckless driving or hit and run convictions may need to submit a SR-22 form to the state department of motor vehicles in order to continue driving.
  • More people means more accidents - Living in a small town can be a good thing when talking about car insurance. Urban drivers regularly have much more traffic and longer commute times. Fewer drivers means fewer accidents and also fewer theft and vandalism claims.

Drasco car insurance comparison

Drasco Car Insurance Quote Comparison

All major car insurance companies like Progressive, GEICO, Allstate and State Farm quote prices for coverage directly from their websites. Getting quotes is fairly straightforward as you just type in your coverage preferences as detailed in the form. After the form is submitted, the system will obtain information on your driving record and credit history and generates pricing information. This makes comparing rates easy, but the time it takes to visit many different websites and fill out multiple forms is monotonous and tiresome. But it's very important to compare as many rates as possible if you are searching for the best price on car insurance.

The preferred way to get multiple rate quotes is to use a quote form that gets price quotes from several companies at one time. The form is fast, requires much less work on your part, and makes rate comparisons much more enjoyable and efficient. Once the form is submitted, it is quoted and you can choose any one of the resulting price quotes. If the quotes result in lower rates, you simply finish the application and purchase coverage. It only takes a few minutes and can result in significant savings.

To find out if lower rates are available, click here to open in new window and input your coverage information. If you have a policy now, it's recommended that you enter the coverages exactly as they are listed on your policy. This makes sure you will have rate quotes for the exact same coverage.

Are you getting all your discounts?

Car insurance companies don't list all their discounts very clearly, so here is a list both the well known and the more hidden discounts you could be receiving. If you're not getting every credit you qualify for, you are paying more than you should be.

  • College Student - Youth drivers who live away from home and do not have a car can be insured at a reduced rate.
  • Anti-lock Brakes - Vehicles equipped with ABS or steering control are safer to drive and therefore earn up to a 10% discount.
  • Good Student - This discount can save 20 to 25%. The discount lasts until age 25.
  • Life Insurance Discount - Larger companies have a discount if you purchase life insurance from them.
  • Bundle and Save - If you insure your home and vehicles with one insurance company you may earn 10% to 20% off each policy.
  • Senior Citizens - If you're over the age of 55, you may qualify for reduced rates.
  • Organization Discounts - Being a member of a qualifying organization may earn a discount on car insurance.

It's important to understand that some credits don't apply to your bottom line cost. Most only cut the cost of specific coverages such as liability, collision or medical payments. So even though it sounds like you could get a free car insurance policy, it doesn't quite work that way.

To choose companies offering car insurance discounts in Arkansas, click here.

How can Progressive, GEICO, Allstate and State Farm save drivers who switch?

Consumers in Arkansas can't ignore all the ads for cheaper car insurance by companies like Progressive, GEICO, Allstate and State Farm. They all seem to have a common claim of big savings if you switch to them.

How does each company claim to save you money?

Different companies have a certain "appetite" for the type of driver that makes them money. An example of a desirable insured might be over the age of 40, owns a home, and has a high credit rating. Any new insured that hits that "sweet spot" will qualify for the lowest rates and as a result will probably save when switching.

Potential insureds who are not a match for these standards will have to pay more money and this can result in the customer not buying. The ad wording is "people who switch" not "everybody who quotes" save money. That is how insurance companies can confidently state the savings. Because of the profiling, you need to get as many comparisons as possible. It's just too difficult to predict which company will have the lowest rates.

Tailor your coverage to you

When buying proper insurance coverage for your vehicles, there isn't really a "best" method to buy coverage. Everyone's needs are different and your policy should reflect that. For instance, these questions might point out whether you could use an agent's help.

  • What are Arkansas no-fault laws?
  • Does my insurance cover a custom paint job?
  • Should I buy only the required Arkansas minimum liability coverage?
  • When does my teenage driver need to be added to my policy?
  • What are the best liability limits?
  • Do I need to file an SR-22 for a DUI in Arkansas?
  • Should I buy additional glass protection?

If you can't answer these questions but a few of them apply, you may need to chat with an agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It is quick, free and can provide invaluable advice.

More tips and info about car insurance is available at the Arkansas Insurance Department website. Visitors are able to read enforcement actions against agents and companies, find out industry alerts, file complaints about a company, and view agent and company licensing information.

Other informative sites include Auto Insurance 101 and this page of insurance agents in Drasco.

Drasco car insurance quote

A tidy conclusion

As you restructure your insurance plan, make sure you don't reduce coverage to reduce premium. There are many occasions where an insured cut liability limits or collision coverage only to find out that they should have had better coverage. Your aim should be to purchase a proper amount of coverage at an affordable rate.

We just covered a lot of ways to compare car insurance prices online. The key thing to remember is the more times you quote, the better your comparison will be. You may even find the lowest premiums are with an unexpected company. These smaller insurers can often provide lower rates in certain areas than the large multi-state companies such as .

Low-cost car insurance is available both online and with local Drasco insurance agents, and you need to comparison shop both in order to have the best chance of saving money. Some insurance companies do not offer online price quotes and most of the time these smaller companies sell through independent agents.