9 Tricks Shown to Save on Car Insurance Costs in Exeter

Paying for high-priced car insurance can take a big chunk out of your personal savings and force you to prioritize other expenses. Comparison shopping is a great way to tighten up your finances. Drivers have multiple to buy insurance from, and even though it's nice to have multiple companies, it can be more challenging to compare rates.

Policy discounts you shouldn't miss

Companies do not advertise every discount very clearly, so the following is a list of both the well known as well as the least known discounts you could be receiving. If you're not getting every credit you deserve, you are throwing money away.

Pay Upfront and Save - By paying your policy upfront instead of monthly or quarterly installments you may reduce your total bill.
Senior Citizens - If you qualify as a senior citizen, you can possibly qualify for better car insurance rates.
No Accidents - Drivers who don't have accidents pay less when compared to drivers who are more careless.
Accident Waiver - Certain companies will forgive one accident before your rates go up if your claims history is clear for a certain period of time.
Life Insurance Discount - Companies who offer life insurance give a discount if you purchase life insurance from them.
Save with a New Car - Buying coverage on a new vehicle is cheaper compared to insuring an older model.
Government Employees - Active or retired federal employment can earn a discount up to 10% with a few car insurance companies.
Sign Early and Save - Some insurance companies reward drivers for buying a policy prior to your current policy expiring. It can save you around 10%.
Drivers Education - Make teen driver coverage more affordable by requiring them to successfully complete driver's ed class in high school.

A little note about advertised discounts, some credits don't apply to the overall cost of the policy. A few only apply to individual premiums such as liability and collision coverage. So when it seems like you would end up receiving a 100% discount, you won't be that lucky.

Insurance agents can help

When it comes to buying coverage for your personal vehicles, there isn't really a "best" method to buy coverage. Everyone's situation is a little different and your policy should reflect that. For example, these questions may help you determine whether your personal situation might need an agent's assistance.

What can I do if my company won't pay a claim?
Should I put collision coverage on all my vehicles?
Will I be non-renewed for getting a DUI or other conviction?
I have good health insurance, so how much medical payments coverage do I need?
What are the financial responsibility laws in Rhode Island?
Who is covered when they drive my vehicle?
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 can't answer these questions but a few of them apply, you may need to chat with a licensed insurance agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier It's fast, doesn't cost anything and can help protect your family.

Save $429 a year? Really?

Consumers in Rhode Island get pounded daily by advertisements for car insurance savings by State Farm, Allstate and GEICO. They all have a common claim about savings if you move to their company.

How does each company claim to save you money?

Different companies have a preferred profile for the driver that earns them a profit. A good example of a driver they prefer might be between the ages of 30 and 50, insures multiple vehicles, and drives less than 10,000 miles a year. Any new insured that hits that "sweet spot" receives the best rates and is almost guaranteed to save when switching.

Consumers who don't qualify for these standards will be quoted higher rates and this can result in the customer not buying. Company advertisements say "customers that switch" but not "drivers who get quotes" save that much. This is how companies can truthfully advertise the way they do. This emphasizes why drivers should compare many company's rates. It's just too difficult to predict which insurance companies will provide you with the cheapest rates.

Even more information can be read at the Rhode Island Division of Insurance Regulation website. Visitors are able to view a list of available companies, learn about insurance regulations, read industry bulletins, and get help finding coverage.

And the best car insurance company is...

As you go through the steps to switch your coverage, never skimp on coverage in order to save money. There have been many situations where drivers have reduced full coverage and found out when filing a claim that the savings was not a smart move. The proper strategy is to buy enough coverage at a price you can afford while still protecting your assets.

Cheaper car insurance is definitely available both online and also from your neighborhood Exeter agents, and you should compare price quotes from both to get a complete price analysis. Some car insurance companies may not provide you the ability to get quotes online and these small insurance companies work with independent agents.