Compare East Waterboro Auto Insurance Prices With These Techniques

Are you intimidated by the wide range of auto insurance company choices in East Waterboro? Many other drivers are as well. There are so many options that it can turn into a real challenge to find better rates.

It's important to shop coverage around every six months since insurance rates are constantly changing. Just because you had the best rates six months ago you will most likely find a better rate today. There is a lot of wrong information about auto insurance on the internet, so we're going to give you some great ways to put money back in your pocket.

Finding the best rates in East Waterboro is easy if you know what you're doing. If you have insurance now or need a new policy, you can learn to find the best rates while maximizing coverage. Maine vehicle owners just need to know the proper methods to buy auto insurance online.

Are you getting all your discounts?

Companies don't necessarily list every available discount very well, so the following is a list of some of the best known and also the lesser-known ways to save on auto insurance. If you don't get every credit possible, you are throwing money away.

  • Discount for Good Grades - Performing well in school can earn a discount of 20% or more. The good student discount can last until age 25.
  • Homeowners Discount - Being a homeowner may earn you a small savings because owning a home demonstrates responsibility.
  • Early Signing - Some companies give discounts for signing up prior to your current policy expiring. This can save 10% or more.
  • Passive Restraints - Vehicles with factory air bags and/or automatic seat belt systems can receive discounts of more than 20%.
  • Claim Free - Drivers with accident-free driving histories pay less compared to drivers who are more careless.
  • Defensive Driver - Successfully completing a course teaching defensive driving skills could possibly earn you a 5% discount if you qualify.
  • Resident Student - Any of your kids living away from home attending college and do not have a car can be insured at a reduced rate.
  • Senior Discount - If you qualify as a senior citizen, you may qualify for a small decrease in premiums.
  • Lower Rates for Military - Having a family member in the military could mean lower rates.
  • Low Mileage - Driving fewer miles could qualify for better rates on cars that stay parked.

Drivers should understand that most discount credits are not given to all coverage premiums. Most only reduce specific coverage prices like medical payments or collision. So when the math indicates adding up those discounts means a free policy, companies wouldn't make money that way.

Maine auto insurance

How can State Farm and Allstate save drivers who switch?

Maine drivers get pounded daily by advertisements that promise big savings from the likes of State Farm and Allstate. All the ads make the same claim that you'll save big if you switch your coverage to them.

But how can every company say the same thing? It's all in the numbers.

Insurance companies are able to cherry pick for the type of customer that earns them a profit. A good example of a preferred risk might be profiled as between 30 and 50, has no driving citations, and has a high credit rating. A propective insured who matches those parameters will get the preferred rates and as a result will probably save a lot of money.

Potential insureds who are not a match for this ideal profile will be charged more money which leads to business not being written. The ads state "customers who switch" not "everybody who quotes" save that much money. That's the way companies can state the savings. That is why you should compare many company's rates. It's not possible to predict which auto insurance company will have the lowest rates.

Learn more about Maine auto insurance

More detailed Maine auto insurance information can be read at the Maine Bureau of Insurance website. Maine drivers can file complaints about a company, report car insurance fraud, and learn about specific coverages.

Also read more on NAIC.org's Understanding your Policy and this directory of insurance agents in East Waterboro Maine.

A tidy conclusion

Throughout this article, we presented some good ideas how to reduce auto insurance prices online. The key thing to remember is the more you quote, the more likely it is that you will get a better rate. Consumers may even find the best prices are with some of the smallest insurance companies.

Budget-conscious auto insurance is available on the web as well as from independent agents in East Waterboro, so compare prices from both in order to have the best chance of saving money. Some insurance companies don't offer you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.

Insureds switch companies for a variety of reasons including poor customer service, lack of trust in their agent, high prices and even high rates after DUI convictions. Regardless of your reason for switching companies, finding a new auto insurance company is less work than it seems.