How to Know You're Wasting Money for Car Insurance in Fredericksburg

Did you fall for a flashy sales pitch and buy overpriced car insurance? Trust us, there are many Fredericksburg consumers feeling the pinch from expensive car insurance.

Drivers have multiple to buy insurance from, and even though it's nice to have a choice, it can be more challenging to compare rates.

It's important to take a look at other company's rates at least once a year due to the fact that insurance rates are constantly changing. Even if you got the lowest price last year you may be paying too much now. There is too much inaccurate information about car insurance on the web, but I'm going to show you some great ways to slash your car insurance rates.

Comprehensive Fredericksburg Car Insurance Comparison Quotes

Most major insurance companies like State Farm, GEICO and Progressive provide coverage prices on their websites. Obtaining pricing is pretty painless as you just type in the coverage amounts you desire as detailed in the form. Behind the scenes, the system will obtain information on your driving record and credit history and returns a price quote based on these and other factors. Being able to quote online helps simplify price comparisons, but the time required to go to many different websites and complete many quote forms can get tiresome after awhile. But it's very important to have as many quotes as possible if you want to find better car insurance pricing.

Quote rates the easy way

A less time-consuming method to find better car insurance pricing makes use of a single form that gets price quotes from a bunch of companies at once. The form is fast, requires much less work on your part, and makes price shopping online much more enjoyable. Immediately after submitting the form, it gets priced and you can select any one of the returned quotes. If the quotes result in lower rates, you can simply submit the application and buy the new coverage. The whole process can be completed in a matter of minutes and you'll know if lower rates are available.

In order to find out what other companies charge, click here to open in new window and enter your vehicle and coverage information. If you have coverage now, it's recommended you input your coverages identical to your current policy. This way, you will get rate quotes based on similar coverages.

Fredericksburg Rates are Influenced by These Factors

It's important that you understand the factors that help determine the rates you pay for car insurance. Knowing what impacts premium levels enables informed choices that may reward you with much lower annual insurance costs.

Being married is a good thing - Having a wife or husband can get you a discount on car insurance. It means you're more responsible and it's statistically proven that being married results in fewer claims.
Policy add-ons can waste money - There are a ton of extra coverages that you can buy when buying car insurance. Coverages for rental car reimbursement, towing coverage and term life insurance are some examples. These may sound like a good investment at first, but if they're wasting money eliminate them to save money.
Big city or small town - Choosing to live in small towns and rural areas can be a good thing when talking about car insurance. Urban drivers have to deal with much more traffic and longer commute times. Fewer drivers translates into fewer accidents as well as less vandalism and auto theft.
Older drivers save more - Youthful drivers in Iowa are known to be more careless when behind the wheel so they pay higher car insurance rates. Older insureds are viewed as being more responsible, statistically cause fewer accidents and get fewer tickets.
Do men or women drive better? - Statistics demonstrate that women are safer drivers than men. However, this does not mean men are worse drivers. Both sexes are in accidents in similar numbers, but the males have costlier accidents. They also get more serious tickets like DUI and reckless driving. Youthful male drivers are several times more likely to be in an accident and thus pay the highest rates.
Safer cars cost less to insure - Vehicles with high crash test scores get lower rates. These vehicles reduce injuries and any reduction in injury severity means lower claim amounts and thus lower rates.
Bad driving skills means higher rates - Your driving citation history has a lot to do with how much you pay for insurance. Careful drivers receive lower rates compared to drivers with tickets. Even a single moving violation can boost insurance rates forty percent or more. Drivers who have flagrant citations like reckless driving, hit and run or driving under the influence may need to submit a SR-22 form to the state department of motor vehicles in order to keep their license.

These discounts can lower your rates

Companies don't always advertise all their discounts very clearly, so we researched both the well known and the more hidden discounts you could be receiving.

Sign Online - A few companies may give you up to $50 for buying your policy over the internet.
Driver Safety - Successfully completing a defensive driving course could possibly earn you a 5% discount depending on where you live.
Life Insurance Discount - Companies who offer life insurance give a discount if you purchase life insurance.
College Student - Youth drivers who are attending college and do not have access to a covered vehicle can be insured at a reduced rate.
Senior Citizens - Older drivers may be able to get better car insurance rates.
Service Members Pay Less - Being deployed with a military unit may qualify for rate reductions.

As a disclaimer on discounts, some of the credits will not apply the the whole policy. Most only apply to the cost of specific coverages such as liability, collision or medical payments. So when it seems like all the discounts add up to a free policy, car insurance companies aren't that generous.

For a list of companies who offer car insurance discounts in Iowa, click here.

Even more information is located at the Iowa Insurance Division website. Visitors are able to get help finding coverage, discover disciplinary actions, view agent and company licensing information, and read enforcement actions against agents and companies.

Do the work, save more money

Cheap car insurance can be purchased both online and also from your neighborhood Fredericksburg agents, so you should be comparing quotes from both to have the best chance of lowering rates. A few companies may not provide online quoting and most of the time these small, regional companies sell through independent agents.

When trying to cut insurance costs, it's very important that you do not reduce needed coverages to save money. In many cases, an insured dropped collision coverage and learned later that it was a big mistake. Your aim should be to buy enough coverage at an affordable rate.