Car Insurance in Holly Springs - 7 Ways to Save Money

Having to pay for overpriced car insurance can empty your savings account and make it impossible to make ends meet. Comparing price quotes is free, only takes a few minutes, and is a good way to reduce premiums and put more money in your pocket.

Since consumers have many car insurance companies to choose from, it can be challenging to locate the most affordable car insurance company.

It's important to shop coverage around on a regular basis since rates are constantly changing. Even if you got the lowest rates a few years ago you will most likely find a better rate today. So just ignore everything you know about car insurance because we're going to show you the tricks you need to know to find better rates and still maintain coverage.

Finding the cheapest protection in Holly Springs is not that difficult. In a nutshell, anyone who has to buy car insurance stands a good chance to be able to save money. Nevertheless, Mississippi car owners do need to know how big insurance companies price insurance differently and use this information to your advantage.

Be sure to get all your discounts

Car insurance is not cheap, buy you may qualify for discounts to reduce the price significantly. A few discounts will automatically apply at the time you complete a quote, but lesser-known reductions have to be manually applied prior to getting the savings.

  • Anti-theft Discount - Cars that have factory anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
  • Accident Waiver - Some insurance companies permit an accident before your rates go up if you are claim-free prior to the accident.
  • Multi-policy Discount - If you have multiple policies with one company you could get a discount of up to 20% off your total premium.
  • Anti-lock Brake System - Cars that have steering control and anti-lock brakes can reduce accidents and will save you 10% or more.
  • Low Mileage - Fewer annual miles can earn discounted rates on garaged vehicles.
  • Clubs and Organizations - Belonging to a professional or civic organization is a good way to get lower rates on your policy.
  • Driver's Ed - Make teen driver coverage more affordable by requiring them to take driver's ed class if it's offered in school.

It's important to understand that most discount credits are not given to all coverage premiums. A few only apply to the cost of specific coverages such as comprehensive or collision. So despite the fact that it appears you can get free auto insurance, it doesn't quite work that way. Any qualifying discounts will help reduce the amount you have to pay.

Holly Springs car insurance quote

Is there truth in advertising?

Companies like Allstate and Progressive continually stream television and radio advertisements. All the ads make an identical promise of big savings after switching your coverage to them. But how can every company make the same claim?

All companies have a preferred profile for the type of customer that earns them a profit. For example, a preferred risk could be between 30 and 50, insures multiple vehicles, and has a short commute. Any new insured who meets those qualifications receives the best rates and is almost guaranteed to save a lot of money.

Potential customers who don't measure up to this ideal profile will be charged a more expensive rate and ends up with business going elsewhere. Company advertisements say "people who switch" but not "drivers who get quotes" save that much money. This is how insurance companies can confidently make the claims of big savings.

That is why you should get quotes from several different companies. It's just too difficult to predict which insurance companies will fit your personal profile best.

Additional car insurance information can be found on the website for the Mississippi Insurance Department through this link. Consumers can read consumer alerts, get help finding coverage, view agent and company licensing information, and find out industry alerts.

Also read more on BankRate.com's Car Insurance: When not to Skimp and this Holly Springs agent directory.

Final considerations

As you shop your coverage around, do not buy lower coverage limits just to save a few bucks. Too many times, drivers have reduced uninsured motorist or liability limits only to regret that saving that couple of dollars actually costed them tens of thousands. The aim is to buy enough coverage at an affordable rate, not the least amount of coverage.

Low-cost car insurance can be purchased from both online companies as well as from independent agents in Holly Springs, so compare prices from both to have the best rate selection. Some insurance providers don't offer you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.