How to Know You're Spending Too Much for Car Insurance in Hanover

Having to pay for overpriced car insurance can dwindle your checking account and force you to make sacrifices. Comparing price quotes is a smart way to make sure you're not throwing money away.

You have so many to pick from, and even though it's nice to have multiple companies, lots of choices makes it harder to compare rates.

Finding affordable coverage in Hanover is quite easy. In a nutshell, anyone who has to buy car insurance will most likely be able to reduce their rates. Nevertheless, New Hampshire consumers do need to know the way insurance companies market insurance on the web.

Be sure to get all your discounts

Companies offering auto insurance don't always advertise all available discounts very clearly, so the following is a list of both the well known and the more hidden car insurance savings.

Multiple Cars - Buying insurance for all your vehicles on one policy could earn a price break for each car.
Discount for Life Insurance - Larger companies have a discount if you purchase auto and life insurance together.
Safety Course Discount - Taking part in a defensive driving course could cut 5% off your bill if you qualify.
Senior Citizens - If you qualify as a senior citizen, you may receive a small decrease in premiums.
Claim Free - Drivers who don't have accidents pay less when compared with drivers who are more careless.
Drivers Education - Make teen driver coverage more affordable by requiring them to enroll in driver's education if offered at their school.
Pay Now and Pay Less - If you pay your bill all at once instead of monthly or quarterly installments you could save up to 5%.
Clubs and Organizations - Being a member of a qualifying organization could qualify you for a break when buying car insurance.

Consumers should know that most credits do not apply to your bottom line cost. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. So even though they make it sound like having all the discounts means you get insurance for free, companies don't profit that way.

How do I know if I need professional advice?

When it comes to buying coverage for your personal vehicles, there isn't really a perfect coverage plan. Everyone's needs are different and a cookie cutter policy won't apply. For example, these questions can help discover whether or not you would benefit from professional advice.

Am I covered when driving on a suspended license?
What happens if I owe more than my vehicle is worth?
Should I rate my vehicle as pleasure use or commute?
When does my teenage driver need to be added to my policy?
Should I buy additional glass protection?
Am I covered when delivering products for my home-based business?
What companies insure drivers after a DUI or DWI?

If you don't know the answers to these questions but you know they apply to you, you may need to chat with an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies.

Is there truth in advertising?

Allstate, GEICO and Progressive consistently run television and radio advertisements. All the companies say the same thing of big savings if you change your coverage to them. How does each company claim to save you money?

All the different companies have a preferred profile for the type of customer that earns them a profit. A good example of a profitable customer might be a mature driver, has no prior claims, and drives newer vehicles. Any driver who fits that profile will qualify for the lowest rates and is almost guaranteed to save when switching.

Potential insureds who don't measure up to these standards must pay more money which usually ends up with the customer not buying. The ad wording is "people who switch" but not "drivers who get quotes" save that much money. This is how insurance companies can confidently claim big savings. This illustrates why you should get a wide range of price quotes. You cannot predict which insurance companies will give you the biggest savings.

Learn more about car insurance in New Hampshire

More tips and info about car insurance can be read at the New Hampshire Insurance Department website. Visitors are able to report car insurance fraud, file complaints about an insurance agent or broker, discover disciplinary actions, and view agent and company licensing information.

Also read more on this page for New Hampshire car insurance and this page for help finding agents in Hanover, NH.

Shop smart and save

Cost effective car insurance is attainable both online as well as from independent agents in Hanover, and you need to price shop both to have the best chance of lowering rates. A few companies don't offer you the ability to get quotes online and usually these small insurance companies provide coverage only through local independent agents.

When trying to cut insurance costs, make sure you don't buy lower coverage limits just to save a few bucks. In too many instances, consumers will sacrifice collision coverage and discovered at claim time that it was a big mistake. Your focus should be to purchase a proper amount of coverage at an affordable rate while not skimping on critical coverages.