Proven Ways to Save on Kaneohe Car Insurance

Tired of robbing Peter to pay Paul each month for car insurance? Your situation is no different than most other car owners in Hawaii.

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

It's important to take a look at other company's rates before your policy renews because rates are constantly changing. Even if you got the best rates a year ago you can probably find a better price now. There is too much inaccurate information about car insurance on the web, but we're going to give you some great ways to quit paying high car insurance rates.

Kaneohe Rates are Influenced by These Factors

Consumers need to have an understanding of some of the elements that go into determining your car insurance rates. Knowing what impacts premium levels enables informed choices that can help you get lower car insurance prices.

How many coverages with the same company - Most companies give discounts to policyholders who consolidate policies with them in the form of a multi-policy discount. Even if you're getting this discount it's in your best interest to comparison shop to ensure the best deal. You may still be able to find better rates by insuring with multiple companies.
Frequent car insurance claims increase rates - If you tend to file frequent claims, you can definitely plan on either a policy non-renewal or much higher rates. Insurance companies in Hawaii provide lower rates to insureds who are claim-free. Auto insurance is meant to be used in the event of major claims that would cause financial hardship.
With age comes lower rates - Young drivers in Hawaii are statistically proven to be less responsible in a vehicle so they pay higher car insurance rates. Mature drivers tend to be more responsible, tend to file fewer claims and get fewer tickets.
Battle of the sexes - The statistics show that women are safer drivers than men. That doesn't necessarily mean that men are worse drivers. Women and men are in accidents at a similar rate, but men cause more damage. Men also get cited for more serious violations such as reckless driving. Youthful male drivers tend to get in the most accidents and are penalized with high car insurance rates.
Add-on coverages can add up - There are many extra bells and whistles you can purchase on your policy. Coverages for rental car reimbursement, better glass coverage and term life insurance are examples of these. These may sound like a good investment when talking to your agent, but if they're wasting money eliminate them to save money.
Marriage brings a discount - Getting married can actually save you money when buying car insurance. Marriage means you're more responsible it has been statistically shown that drivers who are married are more cautious.
Safer cars cost less to insure - Cars with high safety ratings are cheaper to insure. Safer cars reduce injuries and fewer injuries translates into fewer and smaller insurance claims and thus lower rates.
Big city or small town - Being located in a rural area has it's advantages when it comes to car insurance. City drivers regularly have congested traffic and longer commutes to work. Lower population translates into fewer accidents and a lower car theft rate.

Are you getting all your discounts?

Auto insurance companies don't necessarily list every available discount very clearly, so the following is a list of some of the more common and the harder-to-find car insurance savings.

Multi-policy Discount - If you insure your home and vehicles with one insurance company you will save up to 20% off your total premium.
Employee of Federal Government - Employees or retirees of the government can save as much as 8% with certain companies.
Anti-lock Brake Discount - Vehicles equipped with ABS or steering control are safer to drive and therefore earn up to a 10% discount.
New Car Discount - Buying coverage on a new vehicle can cost up to 25% less since new cars are generally safer.
Good Students Pay Less - This discount can get you a discount of up to 25%. The good student discount can last until age 25.
55 and Retired - If you're over the age of 55, you may qualify for better car insurance rates.

As a disclaimer on discounts, most credits do not apply to the entire cost. Most only apply to the price of certain insurance coverages like comprehensive or collision. Even though it may seem like all the discounts add up to a free policy, car insurance companies aren't that generous.

To choose providers offering car insurance discounts in Hawaii, follow this link.

How can Allstate and Progressive save drivers who switch?

Companies like Allstate and Progressive constantly bombard you with ads on television and other media. All the ads say the same thing about savings if you switch to their company. How does each company make the same claim? This is how they do it.

All companies can use profiling for the driver that makes them money. A good example of a preferred risk could be over the age of 50, is a homeowner, and has excellent credit. A customer who fits that profile is entitled to the best price and as a result will probably save when switching.

Potential insureds who are not a match for these standards will be charged more money which usually ends up with business going elsewhere. Company advertisements say "drivers who switch" not "everybody who quotes" save that much. That's why companies can truthfully make those claims. That is why you should quote coverage with many companies. Because you never know the company that will have the lowest rates.

Learn more today

Even more information can be read at the Hawaii Department of Commerce and Consumer Affairs website. Consumers can read consumer alerts, download brochures, read enforcement actions against agents and companies, and learn about insurance regulations.

Do the work, save more money

While you're price shopping online, it's very important that you do not buy poor coverage just to save money. Too many times, an accident victim reduced collision coverage and discovered at claim time they didn't purchase enough coverage. The aim is to buy enough coverage for the lowest price, not the least amount of coverage.

We just showed you a lot of information how to save on car insurance. The key thing to remember is the more quotes you get, the better your chances of lowering your rates. Drivers may discover the biggest savings come from a lesser-known regional company. Some small companies may have significantly lower rates on certain market segments than the large multi-state companies such as .