How to Know You're Spending Too Much for Auto Insurance in East Falmouth

Paying for high-priced auto insurance can dwindle your savings account and force you to prioritize other expenses. Comparison shopping is a smart way to help make ends meet. Drivers have multiple to pick from, and even though it's nice to have multiple companies, it can be more challenging to compare rates.

Save big with these discounts

Companies that sell car insurance don't list all available discounts very clearly, so we took the time to find both the well known as well as the least known auto insurance savings. If you're not getting every credit you deserve, you are throwing money away.

More Vehicles More Savings - Insuring multiple cars or trucks on one policy may reduce the rate for each vehicle.
Own a Home - Owning a home in East Falmouth may trigger a auto insurance policy discount because of the fact that having a home is proof that your finances are in order.
Government Employees - Active or retired federal employment can save as much as 8% depending on your company.
Discount for Life Insurance - Companies who offer life insurance give a discount if you purchase a life insurance policy as well.
Paperless Signup - Certain companies may give you up to $50 for buying your policy over the internet.
Student in College - Children who attend school more than 100 miles from home without a vehicle on campus may qualify for this discount.

A little note about advertised discounts, most of the big mark downs will not be given to all coverage premiums. Most only apply to individual premiums such as physical damage coverage or medical payments. Even though it may seem like it's possible to get free car insurance, you won't be that lucky.

East Falmouth Rates are Influenced by These Factors

Smart consumers have a good feel for some of the elements that come into play when calculating the rates you pay for auto insurance. Knowing what impacts premium levels enables informed choices that could result in lower auto insurance prices.

Liability coverage is cheap - The liability section of your policy is the protection if you are found liable for causing damage or personal injury in an accident. It will provide for a legal defense starting from day one. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so buy as much as you can afford.
High deductibles save money - Your deductibles represent how much money you are required to spend out-of-pocket if you file a covered claim. Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Some instances where coverage would apply would be colliding with a building, vandalism, or theft. The higher the amount you are required to pay out-of-pocket, the bigger discount you will receive.
An active claims history can cost you - If you are a frequent claim filer, you can expect either a policy non-renewal or much higher rates. Auto insurance companies in Massachusetts provide lower rates to insureds who are claim-free. Auto insurance is intended for the bigger claims that can't be paid out-of-pocket.
Rate your vehicle for proper use - The more you drive in a year's time the more you'll pay to insure your vehicle. Most insurance companies charge to insure your cars based upon how you use the vehicle. Vehicles left parked in the garage qualify for better rates than those used for commuting. Make sure your auto insurance policy shows the correct driver usage.
Marriage pays dividends - Having a spouse actually saves money when buying auto insurance. Having a spouse means you're more responsible and it's proven that married drivers get in fewer accidents.
Older drivers pay less - Youthful drivers in Massachusetts tend to get distracted easily when driving so they pay higher auto insurance rates. If you've ever had to add a youthful driver to your auto insurance policy can break the bank. More mature drivers are more responsible, tend to file fewer claims and receive fewer citations.

Auto insurance ads bend the truth

Consumers in Massachusetts get pounded daily by advertisements for car insurance savings by Allstate, GEICO and Progressive. All the companies say the same thing about savings if you move to their company.

How does each company claim to save you money?

All companies have a preferred profile for the driver that earns them a profit. For example, a profitable customer might be a mature driver, insures multiple vehicles, and has great credit. A customer getting a price quote who fits that profile is entitled to the best price and most likely will save when switching.

Potential insureds who fall outside these standards must pay more money which usually ends up with the customer not buying. Company advertisements say "customers that switch" not "people who quote" save that much. This is how companies can truthfully advertise the savings. This illustrates why drivers should get quotes from several different companies. It's impossible to know which insurance companies will give you the biggest savings.

Even more information can be found at the Massachusetts Division of Insurance website. Visitors are able to find out which companies have the most complaints, report car insurance fraud, download brochures, and file complaints about an insurance agent or broker.

Also read more on this link for Massachusetts auto insurance quotes and this page for help finding agents in East Falmouth, MA.

A tidy conclusion

Cheaper auto insurance is definitely available both online and also from your neighborhood East Falmouth agents, and you need to price shop both to have the best chance of lowering rates. There are still a few companies who may not provide you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

As you prepare to switch companies, make sure you don't skimp on coverage in order to save money. In too many instances, drivers have reduced physical damage coverage only to regret at claim time that the small savings ended up costing them much more. Your focus should be to buy enough coverage at a price you can afford while not skimping on critical coverages.