Lower Online Lewisville Auto Insurance Prices With These Tips

If you are a novice to online auto insurance shopping, it's easy to be confused by the sheer number of auto insurance companies competing for business in Lewisville.

Buying car insurance in Lewisville is easy if you know what you're doing. Basically, everyone who is required by state law to have auto insurance stands a good chance to be able to lower their premiums. But Arkansas drivers do need to know how the larger insurance companies sell insurance online because it can help you find the best coverage.

How to Lower your Auto Insurance Rates

Consumers need to have an understanding of the factors that go into determining the price you pay for auto insurance. Knowing what controls the rates you pay empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.

Claim-free discounts can add up - Companies in Arkansas generally give lower rates to people who do not file claims often. If you tend to file frequent claims, you can pretty much guarantee either higher rates or even cancellation. Your insurance policy is designed for larger claims.
More performance means more cost - The type of car you are buying insurance for makes a substantial difference in the rate you pay. The lowest rates tend to be for economy passenger cars, but the final cost of insurance is determined by many other factors.
Careful drivers pay lower rates - Even one citation can bump up the cost twenty percent or more. Drivers who don't get tickets have lower premiums than bad drivers. If you have serious violations like DUI or reckless driving may find they need to file a SR-22 with their state DMV in order to continue driving.
Having a spouse can save you money - Having a wife or husband can actually save you money on auto insurance. Having a significant other translates into being more mature than a single person and it's proven that married couples file fewer claims.

Auto Insurance Comparison Rates in Lewisville, AR

There are several ways of comparing price quotes from different Lewisville insurance companies. One of the best ways to find the cheapest insurance rates is to use the internet to compare rates. This is very easy and can be done in a couple of different ways.

The fastest way to compare a lot of rates at once is to use a rate comparison form like this one (opens in new window). This type of form eliminates the need for separate forms for each company you want a rate for. Just one form will return quotes from several companies. Recommended for those who want to invest the least amount of time.
A more difficult way to compare rate quotes is to take the time to go to the website of each company and fill out their own quote form. For example, we'll pretend you want to compare , and . To get each rate you have to visit each site and enter your information, which is why the first method is more popular.

To view a list of companies in Lewisville, click here.

Whichever method you choose, be sure to compare identical coverages and limits for every quote you compare. If you compare different deductibles it will be impossible to determine the best price in Lewisville. Slightly different insurance coverages can result in a big premium difference. Keep in mind that comparing a large number of companies helps locate a lower rate.

Take advantage of discounts

Companies offering auto insurance don't list every discount very clearly, so we researched both well-publicized as well as the least known discounts you could be receiving.

Federal Employees - Employees or retirees of the government could cut as much as 10% off with a few auto insurance companies.
Early Signing - Some insurance companies reward drivers for switching policies prior to your current policy expiration. This can save 10% or more.
Good Student - This discount can earn a discount of 20% or more. Earning this discount can benefit you until age 25.
Paperwork-free - A few companies will discount your bill up to fifty bucks for buying a policy and signing up over the internet.
Organization Discounts - Participating in a qualifying organization may earn a discount when shopping for auto insurance.
Multi-car Discount - Insuring more than one vehicle with the same company may reduce the rate for each vehicle.
Homeowners Savings - Simply owning a home can save you money because owning a home shows financial diligence.
Passive Restraint Discount - Cars that have air bags or motorized seat belts may earn rate discounts of more than 20%.
Low Mileage Discounts - Driving fewer miles could be rewarded with a substantially lower rate.

Consumers should know that some credits don't apply to the entire policy premium. Most cut individual premiums such as comp or med pay. So even though they make it sound like adding up those discounts means a free policy, companies don't profit that way.

To choose insurance companies offering auto insurance discounts in Arkansas, click here.

Are auto insurance companies telling the truth?

Auto insurance providers like Progressive, Allstate and GEICO constantly bombard you with ads on TV and radio. They all have a common claim that you'll save big if you switch your coverage to them. How does each company make almost identical claims?

Insurance companies have a certain "appetite" for the type of customer that makes them money. For instance, a driver they prefer could possibly be between the ages of 40 and 55, a clean driving record, and has great credit. A customer getting a price quote that hits that "sweet spot" gets the lowest rates and most likely will save when switching.

Potential customers who don't qualify for these standards will be quoted higher prices and this can result in the driver buying from a lower-cost company. The ads say "customers that switch" not "people who quote" save that much money. That is how companies can advertise the savings. This emphasizes why you need to get a wide range of price quotes. It's impossible to know which company will give you the biggest savings.

How to know if you need help

When buying the best auto insurance coverage for your vehicles, there isn't really a cookie cutter policy. Everyone's needs are different.

These are some specific questions may help highlight whether your personal situation will benefit from professional help.

Am I covered if I drive in a foreign country?
Does my car insurance cover rental cars?
Do I need to file an SR-22 for a DUI in Arkansas?
Does my liability insurance cover pulling a trailer or camper?
Are rental cars covered under my policy?
Can I afford to buy a different vehicle if my vehicle is totaled?

If you can't answer these questions but you think they might apply to your situation, you may need to chat with an insurance agent. If you don't have a local agent, take a second and complete this form.

More detailed Arkansas auto insurance information is located at the Arkansas Insurance Department website. Arkansas consumers can download brochures, learn about specific coverages, and file complaints about a company.

The best insurance company isn't always the cheapest

Drivers switch companies for a number of reasons such as extreme rates for teen drivers, high prices, poor customer service or even an unsatisfactory settlement offer. No matter why you want to switch, choosing a new insurance company is easier than you think.

You just read a lot of ways to compare auto insurance prices online. The key thing to remember is the more price quotes you have, the better chance you'll have of finding lower rates. You may even discover the lowest priced auto insurance comes from a small local company.

Discount auto insurance is available online as well as from independent agents in Lewisville, so you should be comparing quotes from both so you have a total pricing picture. There are still a few companies who don't offer online price quotes and these small, regional companies work with independent agents.