Car Insurance in Fairhope Alabama - 7 Discounts You Might be Losing Out On

Did you fall for a flashy sales pitch and buy an overpriced car insurance policy? Trust us when we tell you there are many Fairhope consumers feeling the pinch from expensive car insurance.

Consumers have many to buy insurance from, and even though it's nice to have multiple companies, it can be more difficult to compare rates.

Finding affordable coverage in Fairhope is quite easy. In a nutshell, every driver who has to buy car insurance should be able to reduce their rates. Nevertheless, Alabama consumers do need to know how the larger insurance companies price online insurance.

Policy discounts you shouldn't miss

Companies offering auto insurance don't list every discount very clearly, so the following is a list of both the well known and the more hidden ways to save on car insurance.

No Accidents - Drivers with accident-free driving histories pay less when compared to drivers who are more careless.
Defensive Driver - Successfully completing a defensive driving course could possibly earn you a 5% discount if you qualify.
Theft Prevention Discount - Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
No Charge for an Accident - Certain companies permit an accident before your rates go up if your claims history is clear for a set time period.
Auto/Life Discount - Larger companies have a discount if you purchase life insurance.
Multi-car Discount - Buying insurance for more than one vehicle on one policy could earn a price break for each car.
Clubs and Organizations - Being a member of a qualifying organization could trigger savings when shopping for car insurance.

Consumers should know that most discount credits are not given the the whole policy. Most only cut the cost of specific coverages such as comp or med pay. So even though they make it sound like all the discounts add up to a free policy, companies don't profit that way.

Save $429 a year? Really?

Car insurance providers like Progressive, Allstate and GEICO constantly bombard you with television and radio advertisements. They all make the same claim of big savings if you switch to their company. How does each company claim to save you money?

Insurance companies are able to cherry pick for the driver that earns them a profit. A good example of a driver they prefer might be between the ages of 40 and 55, has no tickets, and has a short commute. Any new insured who matches those parameters will qualify for the lowest rates and is almost guaranteed to save when switching.

Drivers who don't qualify for these standards will be quoted a higher premium which leads to the customer not buying. The ad wording is "people who switch" but not "drivers who get quotes" save that much. That's the way insurance companies can confidently make the claims of big savings. This emphasizes why drivers should get as many quotes as possible. It's just too difficult to predict which car insurance company will fit your personal profile best.

Find out more about car insurance

More tips and info about car insurance can be read at the Alabama Department of Insurance website. Visitors are able to read industry bulletins, discover disciplinary actions, read consumer alerts, and get help finding coverage.

The best insurance company isn't always the cheapest

Cost effective car insurance can be found both online and also from your neighborhood Fairhope agents, so you should be comparing quotes from both to have the best selection. Some insurance providers may not provide you the ability to get quotes online and these small insurance companies work with independent agents.

As you shop your coverage around, never skimp on coverage in order to save money. There are too many instances where an insured dropped full coverage and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to purchase a proper amount of coverage at an affordable rate while still protecting your assets.