6 Money Saving Ideas Proven to Slash the Cost of Car Insurance Costs in Holyoke, MA
Are you intimidated by the dozens of car insurance company choices in Holyoke? You're not the only one! You have so many choices that it can turn into a real hassle to find better rates.
It's important to shop coverage around every six months since rates are constantly changing. If you had the lowest price two years ago the chances are good that you can find a lower rate today. You can find a lot of wrong information about car insurance online but I'm going to show you some great ways to save money.
These six discounts can lower your rates
Car insurance companies don't list all their discounts in an easy-to-find place, so we researched both the well known and the more hidden savings tricks you should be using. If they aren't giving you every credit possible, you're paying more than you need to.
- Senior Citizens - Mature drivers can possibly qualify for a small decrease in premiums.
- Memberships - Being a member of certain professional organizations is a good way to get lower rates on car insurance.
- Claim Free - Drivers with accident-free driving histories pay much less as compared to bad drivers.
- Defensive Driving Course - Taking part in a defensive driving course could possibly earn you a 5% discount and easily recoup the cost of the course.
- Life Insurance - Some companies give lower rates if you buy auto and life insurance together.
- Anti-lock Brake System - Anti-lock brake equipped vehicles prevent accidents and therefore earn up to a 10% discount.
It's important to note that most discount credits are not given to all coverage premiums. Most only cut the cost of specific coverages such as liability, collision or medical payments. Just because it seems like having all the discounts means you get insurance for free, you're out of luck.
To see a list of companies with the best car insurance discounts in Holyoke, click here to view.
How to Compare Car Insurance in Holyoke, Massachusetts
Most companies such as Progressive, GEICO, Allstate and State Farm allow you to get coverage price quotes on the web. Getting quotes is fairly simple as you just type in the coverages you want as detailed in the form. Once you submit the form, the system will obtain reports for credit and driving violations and generates pricing information based on many factors.
Online price quotes streamlines rate comparisons, but the time it takes to visit each company's website and repetitively complete many quote forms can get tiresome after awhile. But it's very important to compare as many rates as possible in order to find better car insurance pricing.
There is a better way!
The preferred way to lower your rates is to use a quote form that gets price quotes from a bunch of companies at once. The form is fast, helps eliminate reptitive entry, and makes price shopping online much more enjoyable and efficient. As soon as the form is sent, it is rated and you are able to buy any of the price quotes you receive. If the quotes result in lower rates, you simply finish the application and buy the new coverage. The entire process can be completed in a matter of minutes and could lower your rates considerably.
To find out what other companies charge, click here to open in new window and fill out the form. If you have coverage now, it's recommended you copy the insurance coverages exactly as shown on your declarations page. This makes sure you will get comparison quotes based on the exact same insurance coverage.
Are you falling for claims of savings?
Consumers in Massachusetts can't get away from ads that promise big savings from the likes of Progressive, GEICO, Allstate and State Farm. They all seem to make an identical promise that you can save if you move your coverage to them.
How do they all claim to save you money?
All the different companies are able to cherry pick for the type of customer that is profitable for them. For instance, a desirable insured might be between the ages of 40 and 55, has no driving citations, and chooses high deductibles. Any new insured who meets those qualifications will qualify for the lowest rates and as a result will probably cut their rates substantially.
Drivers who are not a match for the "perfect" profile will have to pay higher premiums and ends up with the customer not buying. The ad wording is "people who switch" not "everybody who quotes" save that much money. That's the way insurance companies can state the savings. Because of the profiling, drivers must compare as many rates as you can. It's just too difficult to predict which car insurance company will give you the biggest savings.
Best coverage at the best price
When buying insurance coverage, you should never reduce coverage to reduce premium. There are many occasions where someone sacrificed collision coverage and learned later that their decision to reduce coverage ended up costing them more. Your aim should be to purchase a proper amount of coverage at an affordable rate.
Lower-priced car insurance is definitely available both online as well as from independent agents in Holyoke, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance companies don't offer the ability to get a quote online and most of the time these small, regional companies sell through independent agents.
People who switch companies do it for many reasons like not issuing a premium refund, questionable increases in premium, high rates after DUI convictions or delays in responding to claim requests. Regardless of your reason for switching companies, finding the right car insurance provider is actually quite simple.
Learn more about Massachusetts car insurance
Additional detailed information is located at the Massachusetts Division of Insurance website. Visitors are able to read enforcement actions against agents and companies, find out which companies have the most complaints, and read industry bulletins.
