7 Discounts Lenoir Drivers Forget when Shopping for Car Insurance

Are you sick and tired of scraping the payment together each month for car insurance? You're in the same situation as most other car owners in North Carolina.

With consumers having so many online and local companies to choose from, it is hard for the average consumer to find the lowest price insurance company.

How to Compare Lenoir Car Insurance Rates

There are multiple methods you can shop for car insurance but there is one way that is less time-consuming than others. You can spend your afternoon talking about coverages with insurance agencies in Lenoir, or you could use the web to get the quickest rates.

Most of the larger companies enroll in a system that enables customers to complete one form, and every company returns a rated price determined by their information. This eliminates the need for quote requests to each individual car insurance company.

To submit your quote information now, click here to open in new window.

The one disadvantage to using this type of form is you are unable to specify which providers you want pricing from. So if you prefer to pick individual companies to compare rates, we put together a list of companies who write car insurance in North Carolina. View list of North Carolina insurance companies.

Which method you use is up to you, but ensure you're using apples-to-apples deductibles and coverage limits with each company. If your comparisons have different values for each quote then you won't be able to make an equal comparison in Lenoir. Just a small difference in coverages may cause a big price difference. And when price shopping your coverage, obtaining a wide range of quotes provides better odds of finding better pricing.

Don't pay full price with these seven discounts

Companies don't list all available discounts very well, so the following is a list of some of the more common and also the lesser-known car insurance savings.

  • Organization Discounts - Belonging to a professional or civic organization could qualify you for a break when buying car insurance.
  • No Accidents - Claim-free drivers pay less when compared with accident-prone drivers.
  • Service Members Pay Less - Having a deployed family member can result in better rates.
  • Anti-lock Brake Discount - Vehicles equipped with ABS or steering control prevent accidents and qualify for as much as a 10% discount.
  • 55 and Retired - If you're over the age of 55, you can possibly qualify for better car insurance rates.
  • Homeowners Pay Less - Owning a home in Lenoir may trigger a car insurance policy discount because of the fact that having a home demonstrates responsibility.
  • Discount for Life Insurance - Companies who offer life insurance give a break if you buy life insurance from them.

As a disclaimer on discounts, most credits do not apply to the entire cost. A few only apply to specific coverage prices like physical damage coverage or medical payments. Just because it seems like you would end up receiving a 100% discount, car insurance companies aren't that generous.

To choose insurers with the best car insurance discounts in North Carolina, follow this link.

The car insurance bait and switch

Allstate, GEICO and Progressive regularly use ads in print and on television. All the companies say the same thing about savings if you move to their company. But how can every company make the same claim? It's all in the numbers.

Different companies can use profiling for the driver that makes them money. A good example of a profitable customer could be a mature driver, is a homeowner, and drives newer vehicles. Any new insured who fits that profile receives the best rates and therefore will save a lot of money.

Potential insureds who don't measure up to this ideal profile must pay more money which usually ends up with business going elsewhere. Company advertisements say "customers who switch" not "everyone that quotes" save that much. That's why companies can truthfully claim big savings. This illustrates why you need to get a wide range of price quotes. It's just too difficult to predict the company that will give you the biggest savings.

Even more information can be read at the North Carolina Department of Insurance website. Consumers can find out which companies have the most complaints, read industry bulletins, view a list of available companies, and find out industry alerts.

Other informative sites include this link for North Carolina car insurance quotes and this link which helps you find a Lenoir agent.

Affordable insurance is out there

Cheap car insurance is possible from both online companies and also from your neighborhood Lenoir agents, and you need to price shop both to have the best chance of lowering rates. A few companies may not provide online price quotes and usually these small insurance companies provide coverage only through local independent agents.

When trying to cut insurance costs, do not reduce coverage to reduce premium. In too many instances, an accident victim reduced collision coverage and discovered at claim time that it was a big mistake. Your focus should be to buy enough coverage at the best price while not skimping on critical coverages.